Mizuho Securities USA LLC Acquires 16,266 Shares of NVR, Inc. (NYSE:NVR)

Mizuho Securities USA LLC lifted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 6,454.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,518 shares of the construction company's stock after buying an additional 16,266 shares during the period. NVR makes up approximately 0.4% of Mizuho Securities USA LLC's portfolio, making the stock its 28th biggest holding. Mizuho Securities USA LLC owned 0.54% of NVR worth $162,071,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE increased its holdings in NVR by 13.3% during the first quarter. US Bancorp DE now owns 204 shares of the construction company's stock worth $1,652,000 after buying an additional 24 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of NVR in the 1st quarter worth approximately $923,000. Mitsubishi UFJ Trust & Banking Corp lifted its stake in NVR by 1.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company's stock valued at $44,791,000 after purchasing an additional 71 shares during the last quarter. Intech Investment Management LLC grew its holdings in NVR by 84.8% during the first quarter. Intech Investment Management LLC now owns 85 shares of the construction company's stock valued at $688,000 after purchasing an additional 39 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of NVR by 321.1% in the first quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company's stock valued at $116,389,000 after buying an additional 10,958 shares during the period. 83.67% of the stock is owned by institutional investors.

Insider Activity

In other NVR news, Director David A. Preiser sold 250 shares of the business's stock in a transaction dated Friday, November 8th. The shares were 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 approximately $2,223,330.96. The trade was a 51.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 400 shares of the firm'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 completion of the sale, the chief accounting officer now directly owns 208 shares in the company, valued at $1,965,600. The trade was a 65.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 775 shares of company stock valued at $7,294,073. 7.00% of the stock is currently owned by insiders.

NVR Price Performance

NYSE NVR traded down $153.61 on Friday, reaching $9,026.00. 18,205 shares of the company's stock traded hands, compared to its average volume of 19,134. The stock has a market cap of $27.62 billion, a PE ratio of 18.47, a P/E/G ratio of 1.95 and a beta of 1.20. NVR, Inc. has a 12 month low of $6,052.58 and a 12 month high of $9,964.77. The stock has a 50-day simple moving average of $9,444.50 and a 200 day simple moving average of $8,537.55. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $2.68 billion during the quarter, compared to analysts' expectations of $2.71 billion. NVR had a net margin of 16.51% and a return on equity of 38.20%. NVR's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the company posted $125.26 EPS. As a group, research analysts predict that NVR, Inc. will post 494.87 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.