Fifth Third Wealth Advisors LLC Buys Shares of 175 NVR, Inc. (NYSE:NVR)

Fifth Third Wealth Advisors LLC bought a new stake in NVR, Inc. (NYSE:NVR - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 175 shares of the construction company's stock, valued at approximately $1,717,000.

Several other large investors also recently made changes to their positions in NVR. UniSuper Management Pty Ltd grew its stake in shares of NVR by 312.5% in the 1st quarter. UniSuper Management Pty Ltd now owns 165 shares of the construction company's stock valued at $1,336,000 after buying an additional 125 shares during the period. Bessemer Group Inc. lifted its position in NVR by 356.5% in the 1st quarter. Bessemer Group Inc. now owns 388 shares of the construction company's stock valued at $3,143,000 after acquiring an additional 303 shares in the last quarter. Natixis bought a new position in NVR in the 1st quarter valued at about $7,914,000. Shell Asset Management Co. lifted its position in shares of NVR by 6.5% during the 1st quarter. Shell Asset Management Co. now owns 462 shares of the construction company's stock worth $3,742,000 after buying an additional 28 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of NVR by 125.7% during the 1st 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 in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Transactions at NVR

In other news, Director David A. Preiser sold 250 shares of the company's stock in a transaction dated Friday, November 8th. The stock was 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 directly owns 239 shares of the company's stock, valued at approximately $2,223,330.96. This represents a 51.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 400 shares of the company's 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 transaction, the chief accounting officer now directly 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 disclosure for this sale can be found here. Insiders have sold 775 shares of company stock valued at $7,294,073 over the last ninety days. Insiders own 7.00% of the company's stock.

NVR Stock Up 0.5 %

Shares of NVR traded up $44.87 during mid-day trading on Wednesday, hitting $9,000.00. The company's stock had a trading volume of 25,452 shares, compared to its average volume of 19,205. The company's 50-day moving average is $9,433.97 and its 200-day moving average is $8,575.26. NVR, Inc. has a 52-week low of $6,052.58 and a 52-week high of $9,964.77. The firm has a market capitalization of $27.54 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.94 and a beta of 1.20. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21.

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). NVR had a return on equity of 38.20% and a net margin of 16.51%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter last year, the firm earned $125.26 EPS. The company's revenue was up 6.6% compared to the same quarter last year. On average, equities research analysts forecast that NVR, Inc. will post 494.48 EPS for the current fiscal year.

NVR 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.