BNP PARIBAS ASSET MANAGEMENT Holding S.A. Raises Stock Holdings in NVR, Inc. (NYSE:NVR)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 53.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,690 shares of the construction company's stock after purchasing an additional 3,741 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.35% of NVR worth $104,888,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bessemer Group Inc. grew its holdings in NVR by 356.5% during the 1st quarter. Bessemer Group Inc. now owns 388 shares of the construction company's stock valued at $3,143,000 after purchasing an additional 303 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of 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 buying an additional 1,684 shares during the period. 1832 Asset Management L.P. lifted its stake in shares of NVR by 1.0% during the 1st quarter. 1832 Asset Management L.P. now owns 2,405 shares of the construction company's stock worth $19,480,000 after acquiring an additional 23 shares during the last quarter. Epoch Investment Partners Inc. lifted its stake 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 last quarter. Finally, Janus Henderson Group PLC boosted its holdings in NVR by 7.7% during the 1st quarter. Janus Henderson Group PLC now owns 406 shares of the construction company's stock valued at $3,283,000 after acquiring an additional 29 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Price Performance

NVR opened at $9,000.00 on Thursday. The firm has a market capitalization of $27.54 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.92 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. The business's 50-day moving average is $9,433.97 and its two-hundred day moving average is $8,575.26. NVR, Inc. has a 1 year low of $6,052.58 and a 1 year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing the consensus estimate of $131.00 by ($0.50). The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The company's revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm earned $125.26 EPS. Research analysts anticipate that NVR, Inc. will post 494.48 earnings per share for the current fiscal year.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David A. Preiser sold 250 shares of the business's stock in a transaction that occurred on 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 sale, the director now owns 239 shares of the company's stock, valued at $2,223,330.96. The trade was a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 775 shares of company stock valued at $7,294,073 in the last ninety days. Corporate insiders own 7.00% of the company's stock.

Analysts Set New Price Targets

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

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.

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