Edgestream Partners L.P. Decreases Holdings in NVR, Inc. (NYSE:NVR)

Edgestream Partners L.P. decreased its position in NVR, Inc. (NYSE:NVR - Free Report) by 53.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 392 shares of the construction company's stock after selling 455 shares during the quarter. Edgestream Partners L.P.'s holdings in NVR were worth $3,846,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Janus Henderson Group PLC increased its position in shares of NVR by 7.7% in the first quarter. Janus Henderson Group PLC now owns 406 shares of the construction company's stock worth $3,283,000 after acquiring an additional 29 shares in the last quarter. Jane Street Group LLC grew its position in NVR by 1,285.4% during the 1st quarter. Jane Street Group LLC now owns 568 shares of the construction company's stock worth $4,601,000 after purchasing an additional 527 shares in the last quarter. Tidal Investments LLC raised its stake in NVR by 26.9% during the 1st quarter. Tidal Investments LLC now owns 85 shares of the construction company's stock valued at $686,000 after purchasing an additional 18 shares during the period. Comerica Bank lifted its holdings in shares of NVR by 22.2% in the first quarter. Comerica Bank now owns 656 shares of the construction company's stock valued at $5,314,000 after purchasing an additional 119 shares in the last quarter. Finally, Swedbank AB acquired a new stake in shares of NVR in the first quarter worth $931,000. Institutional investors own 83.67% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NVR shares. UBS Group increased their price objective on NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 23rd. Bank of America reduced 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 research report on Wednesday, October 23rd. Seaport Res Ptn cut shares of NVR from a "strong-buy" rating to a "hold" rating in a report on Sunday, November 10th. Finally, StockNews.com lowered shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, NVR currently has a consensus rating of "Hold" and a consensus target price of $8,783.33.

Insiders Place Their Bets

In other news, CAO Matthew B. Kelpy sold 400 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the completion of the sale, the chief accounting officer now owns 208 shares of the company's stock, valued at approximately $1,965,600. This represents a 65.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David A. Preiser sold 250 shares of the business's stock in a transaction 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 completion of the transaction, the director now owns 239 shares in the company, valued at approximately $2,223,330.96. The trade was a 51.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 775 shares of company stock valued at $7,294,073. 7.00% of the stock is currently owned by insiders.

NVR Stock Up 0.5 %

NYSE NVR traded up $41.96 on Friday, reaching $9,235.58. The stock had a trading volume of 13,607 shares, compared to its average volume of 20,521. NVR, Inc. has a 1 year low of $6,052.58 and a 1 year high of $9,964.77. 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 capitalization of $28.26 billion, a price-to-earnings ratio of 18.88, a P/E/G ratio of 1.98 and a beta of 1.20. The business has a 50 day moving average price of $9,395.27 and a 200 day moving average price of $8,650.63.

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

About NVR

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.