Robeco Institutional Asset Management B.V. Decreases Position in NVR, Inc. (NYSE:NVR)

Robeco Institutional Asset Management B.V. reduced its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 9.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,231 shares of the construction company's stock after selling 822 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.27% of NVR worth $80,761,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV raised its position in NVR by 100.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company's stock valued at $39,000 after purchasing an additional 2 shares in the last quarter. Blue Trust Inc. bought a new stake in NVR in the 3rd quarter worth approximately $39,000. Redwood Wealth Management Group LLC purchased a new stake in NVR in the second quarter worth approximately $46,000. Whittier Trust Co. of Nevada Inc. bought a new position in NVR during the second quarter valued at approximately $53,000. Finally, UMB Bank n.a. raised its stake in shares of NVR by 57.1% during the second quarter. UMB Bank n.a. now owns 11 shares of the construction company's stock worth $83,000 after acquiring an additional 4 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company's stock.

NVR Trading Up 1.8 %

NYSE:NVR traded up $171.12 during mid-day trading on Tuesday, reaching $9,429.46. 6,468 shares of the company's stock traded hands, compared to its average volume of 19,140. 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 firm has a market capitalization of $29.02 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 1.95 and a beta of 1.20. The company has a 50 day moving average price of $9,422.33 and a 200-day moving average price of $8,454.47. NVR, Inc. has a 12-month low of $5,818.01 and a 12-month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued 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). NVR had a net margin of 16.51% and a return on equity of 38.20%. The company had revenue of $2.68 billion for 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 for the quarter was up 6.6% compared to the same quarter last year. On average, sell-side analysts predict that NVR, Inc. will post 496.62 earnings per share for the current year.

Insider Buying and Selling

In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the company's stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $2,186,679. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the business's stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at $1,955,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Bank of America lowered 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 note on Wednesday, October 23rd. UBS Group raised their target price on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a report on Wednesday, October 23rd.

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.