Entropy Technologies LP raised its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 35.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 382 shares of the construction company's stock after acquiring an additional 100 shares during the period. Entropy Technologies LP's holdings in NVR were worth $3,748,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of NVR by 1,100,012.1% during 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 acquiring an additional 363,004 shares during the period. Marshfield Associates boosted its stake in shares of NVR by 0.3% in the second quarter. Marshfield Associates now owns 32,719 shares of the construction company's stock valued at $248,290,000 after buying an additional 96 shares during the period. Dimensional Fund Advisors LP boosted its stake 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 buying an additional 906 shares during the period. TD Asset Management Inc boosted its stake in shares of NVR by 143.8% in the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company's stock valued at $182,277,000 after buying an additional 14,167 shares during the period. Finally, Epoch Investment Partners Inc. boosted its stake in shares of NVR by 56.0% in the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company's stock valued at $172,109,000 after buying an additional 8,140 shares during the period. Institutional investors own 83.67% of the company's stock.
Insiders Place Their Bets
In other NVR news, Director David A. Preiser sold 250 shares of the business's 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 sale, the director now directly owns 239 shares of the company's stock, valued at $2,223,330.96. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director David A. Preiser sold 250 shares of the firm'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 in the company, valued at $2,223,330.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 transaction, the chief accounting officer now owns 208 shares of the company's stock, valued at $1,965,600. This trade represents a 0.00 % 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 in the last 90 days. Corporate insiders own 7.00% of the company's stock.
NVR Price Performance
NVR traded down $135.00 during trading on Tuesday, hitting $9,114.26. 25,262 shares of the stock traded hands, compared to its average volume of 19,157. NVR, Inc. has a twelve month low of $5,950.21 and a twelve month high of $9,964.77. The company has a market cap of $27.89 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 1.99 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 has a 50 day moving average price of $9,442.19 and a 200 day moving average price of $8,508.18.
NVR (NYSE:NVR - Get Free Report) last announced 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 net margin of 16.51% and a return on equity of 38.20%. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the prior year, the firm earned $125.26 earnings per share. The firm's revenue for the quarter was up 6.6% on a year-over-year basis. Equities research analysts forecast that NVR, Inc. will post 496.62 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on NVR. Seaport Res Ptn cut NVR from a "strong-buy" rating to a "hold" rating in a research note on Sunday. UBS Group boosted their price target 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. StockNews.com cut NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Finally, 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. Four investment 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 stock presently has an average rating of "Hold" and an average price target of $8,783.33.
Get Our Latest Stock Report on NVR
NVR Company Profile
(
Free Report)
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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