NVR, Inc. $NVR Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH decreased its position in shares of NVR, Inc. (NYSE:NVR) by 60.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,343 shares of the construction company’s stock after selling 2,017 shares during the quarter. Allianz Asset Management GmbH’s holdings in NVR were worth $10,791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of NVR. Norges Bank acquired a new stake in NVR during the 2nd quarter valued at approximately $268,447,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of NVR by 844.5% during the third quarter. Robeco Institutional Asset Management B.V. now owns 8,321 shares of the construction company’s stock worth $66,856,000 after purchasing an additional 7,440 shares during the last quarter. Symphony Financial Ltd. Co. acquired a new position in NVR during the second quarter valued at $54,548,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in NVR in the second quarter valued at $49,115,000. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of NVR in the third quarter worth about $51,896,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Buying and Selling at NVR

In other news, Director Susan Williamson Ross sold 200 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $8,091.62, for a total value of $1,618,324.00. Following the sale, the director directly owned 386 shares of the company’s stock, valued at approximately $3,123,365.32. The trade was a 34.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.80% of the stock is currently owned by corporate insiders.

NVR Price Performance

NVR stock opened at $7,996.37 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. The business has a 50 day simple moving average of $7,534.57 and a 200-day simple moving average of $7,705.79. The firm has a market capitalization of $22.71 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 2.58 and a beta of 1.03. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $8,618.28.

NVR (NYSE:NVR) last issued its earnings results on Wednesday, January 28th. The construction company reported $121.54 EPS for the quarter, topping analysts’ consensus estimates of $105.42 by $16.12. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.41 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. NVR’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $139.93 earnings per share. Equities research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on NVR shares. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research report on Thursday, January 22nd. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Zelman & Associates raised shares of NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price target for the company in a report on Thursday, January 29th. BTIG Research initiated coverage on shares of NVR in a research report on Monday, December 1st. They set a “buy” rating and a $9,022.00 price objective for the company. Finally, UBS Group reiterated a “neutral” rating and issued a $8,350.00 target price on shares of NVR in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $8,329.40.

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.