Amiral Gestion Purchases 826 Shares of NVR, Inc. $NVR

Amiral Gestion boosted its stake in shares of NVR, Inc. (NYSE:NVR) by 71.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,978 shares of the construction company’s stock after purchasing an additional 826 shares during the period. NVR makes up approximately 5.8% of Amiral Gestion’s portfolio, making the stock its 8th biggest holding. Amiral Gestion owned 0.07% of NVR worth $15,893,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc purchased a new position in NVR during the second quarter worth approximately $30,000. Blue Trust Inc. raised its stake in shares of NVR by 150.0% in the second quarter. Blue Trust Inc. now owns 5 shares of the construction company’s stock valued at $37,000 after acquiring an additional 3 shares in the last quarter. Assetmark Inc. grew its stake in shares of NVR by 50.0% during the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock worth $44,000 after purchasing an additional 2 shares in the last quarter. State of Wyoming acquired a new position in shares of NVR in the 2nd quarter valued at $44,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of NVR in the 2nd quarter valued at about $59,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NVR shares. Bank of America dropped their price target on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a report on Wednesday, October 8th. BTIG Research assumed coverage on NVR in a report on Monday, December 1st. They set a “buy” rating and a $9,022.00 price objective for the company. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, UBS Group lifted their price target on shares of NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $8,530.50.

Insider Buying and Selling at NVR

In other NVR news, Director Michael J. Devito bought 14 shares of NVR stock in a transaction that occurred on Monday, November 3rd. The shares were acquired at an average price of $7,068.05 per share, for a total transaction of $98,952.70. Following the acquisition, the director owned 14 shares of the company’s stock, valued at $98,952.70. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 7.00% of the company’s stock.

NVR Stock Performance

Shares of NYSE:NVR opened at $7,570.91 on Friday. The business has a 50-day moving average of $7,431.51 and a two-hundred day moving average of $7,661.20. The firm has a market capitalization of $21.50 billion, a PE ratio of 16.62, a P/E/G ratio of 10.07 and a beta of 1.01. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.96 and a quick ratio of 3.16. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $8,618.28.

NVR (NYSE:NVR) last posted its earnings results on Wednesday, October 22nd. The construction company reported $112.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a net margin of 14.00% and a return on equity of 35.89%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the prior year, the company earned $130.50 EPS. The company’s revenue was down 4.5% on a year-over-year basis. As a group, research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.