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362 Shares in NVR, Inc. (NYSE:NVR) Bought by B. Metzler seel. Sohn & Co. Holding AG

NVR logo with Construction background

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of NVR, Inc. (NYSE:NVR - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 362 shares of the construction company's stock, valued at approximately $3,552,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Bessemer Group Inc. raised its position in shares of NVR by 356.5% during the first quarter. Bessemer Group Inc. now owns 388 shares of the construction company's stock valued at $3,143,000 after buying an additional 303 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in NVR by 125.7% in the first quarter. Canada Pension Plan Investment Board now owns 3,024 shares of the construction company's stock worth $24,494,000 after purchasing an additional 1,684 shares during the period. 1832 Asset Management L.P. raised its stake in shares of NVR by 1.0% in the 1st quarter. 1832 Asset Management L.P. now owns 2,405 shares of the construction company's stock valued at $19,480,000 after buying an additional 23 shares in the last quarter. Epoch Investment Partners Inc. lifted its holdings in shares of NVR by 22.7% during the 1st quarter. Epoch Investment Partners Inc. now owns 14,540 shares of the construction company's stock worth $117,773,000 after acquiring an additional 2,689 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in NVR by 7.7% during the first quarter. Janus Henderson Group PLC now owns 406 shares of the construction company's stock valued at $3,283,000 after purchasing an additional 29 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Insider Activity

In related news, Director David A. Preiser sold 250 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the transaction, the director now owns 239 shares in the company, valued at $2,223,330.96. This trade represents a 51.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew B. Kelpy sold 125 shares of the business's stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the sale, the chief accounting officer now directly owns 230 shares of the company's stock, valued at $2,186,679. This represents a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 775 shares of company stock valued at $7,294,073. Company insiders own 7.00% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on NVR. UBS Group raised their target price on NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. StockNews.com downgraded shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Bank of America cut their price target on shares of NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a report on Wednesday, October 23rd. Finally, Seaport Res Ptn lowered shares of NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $8,783.33.

Get Our Latest Stock Report on NVR

NVR Price Performance

NYSE NVR traded down $53.47 on Thursday, hitting $8,946.53. 22,289 shares of the company were exchanged, compared to its average volume of 19,218. NVR, Inc. has a 1-year low of $6,052.58 and a 1-year high of $9,964.77. The firm has a 50 day moving average of $9,433.97 and a two-hundred day moving average of $8,575.26. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. The company has a market cap of $27.38 billion, a P/E ratio of 18.40, a P/E/G ratio of 1.92 and a beta of 1.20.

NVR (NYSE:NVR - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $131.00 by ($0.50). The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. NVR's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $125.26 earnings per share. On average, equities analysts predict that NVR, Inc. will post 494.48 EPS for the current year.

About NVR

(Free Report)

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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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