Captrust Financial Advisors Acquires 542 Shares of NVR, Inc. (NYSE:NVR)

Captrust Financial Advisors raised its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 1,869.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 571 shares of the construction company's stock after acquiring an additional 542 shares during the quarter. Captrust Financial Advisors' holdings in NVR were worth $5,603,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NVR. International Assets Investment Management LLC increased its stake in shares of NVR by 1,100,012.1% in the third quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company's stock worth $3,562,046,000 after buying an additional 363,004 shares during the period. Smead Capital Management Inc. boosted its position in NVR by 3.5% in the third quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company's stock valued at $355,365,000 after buying an additional 1,223 shares during the last quarter. Jennison Associates LLC acquired a new stake in shares of NVR in the 3rd quarter worth $348,545,000. Marshfield Associates raised its position in shares of NVR by 0.3% during the 2nd quarter. Marshfield Associates now owns 32,719 shares of the construction company's stock worth $248,290,000 after acquiring an additional 96 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of NVR by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company's stock valued at $221,595,000 after acquiring an additional 906 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NVR shares. UBS Group boosted their price target 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. Seaport Res Ptn cut shares of NVR from a "strong-buy" rating to a "hold" rating in a research note on Sunday, November 10th. Bank of America reduced their target price 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, StockNews.com cut shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $8,783.33.

NVR Price Performance

Shares of NYSE:NVR traded down $7.43 during trading on Tuesday, hitting $9,172.57. 17,752 shares of the company's stock were exchanged, compared to its average volume of 19,368. NVR, Inc. has a 52-week low of $6,286.46 and a 52-week high of $9,964.77. 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 company has a market cap of $28.07 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 1.97 and a beta of 1.18. The business's 50-day simple moving average is $9,384.71 and its 200 day simple moving average is $8,666.89.

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

Insider Activity

In other NVR news, CAO Matthew B. Kelpy sold 400 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the sale, the chief accounting officer now owns 208 shares in the company, valued at $1,965,600. The trade was a 65.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Preiser sold 250 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total transaction of $2,325,660.00. Following the transaction, the director now owns 239 shares in the company, valued at approximately $2,223,330.96. This represents a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 775 shares of company stock valued at $7,294,073 over the last three months. Insiders own 7.00% of the company's stock.

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.