SG Americas Securities LLC Has $4.42 Million Stock Position in NVR, Inc. $NVR

SG Americas Securities LLC raised its position in NVR, Inc. (NYSE:NVR) by 30.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 550 shares of the construction company’s stock after purchasing an additional 127 shares during the quarter. SG Americas Securities LLC’s holdings in NVR were worth $4,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new stake in shares of NVR in the 2nd quarter valued at approximately $30,000. Blue Trust Inc. lifted its stake in 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 during the last quarter. Assetmark Inc. lifted its stake in NVR by 50.0% in the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock valued at $44,000 after acquiring an additional 2 shares during the last quarter. State of Wyoming bought a new stake in NVR in the second quarter worth approximately $44,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of NVR during the 2nd quarter worth $59,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on NVR. Bank of America reduced their price objective on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating for the company in a research note on Friday, October 10th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. 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 on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a report on Wednesday, October 8th. Finally, UBS Group decreased their target price on NVR from $8,500.00 to $8,150.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, NVR presently has a consensus rating of “Moderate Buy” and an average target price of $8,443.00.

NVR Trading Up 2.4%

NVR stock opened at $7,564.87 on Monday. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $8,618.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.16 and a current ratio of 5.96. The firm has a market capitalization of $21.48 billion, a PE ratio of 16.60, a PEG ratio of 10.29 and a beta of 1.01. The business’s 50-day simple moving average is $7,367.44 and its 200-day simple moving average is $7,686.68.

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

Insider Transactions at NVR

In related news, Director Michael J. Devito bought 14 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was purchased at an average cost of $7,068.05 per share, for a total transaction of $98,952.70. Following the purchase, the director directly owned 14 shares in the company, valued at $98,952.70. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.00% of the company’s stock.

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.