UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 2,045 Shares of NVR, Inc. (NYSE:NVR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in NVR, Inc. (NYSE:NVR - Free Report) by 8.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,282 shares of the construction company's stock after buying an additional 2,045 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.89% of NVR worth $267,686,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV lifted its position in NVR by 100.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company's stock worth $39,000 after purchasing an additional 2 shares during the period. Blue Trust Inc. acquired a new stake in shares of NVR in the third quarter valued at $39,000. Rakuten Securities Inc. bought a new position in NVR during the third quarter valued at about $39,000. Redwood Wealth Management Group LLC acquired a new position in NVR during the second quarter worth about $46,000. Finally, Private Trust Co. NA grew its holdings in NVR by 66.7% during the third quarter. Private Trust Co. NA now owns 5 shares of the construction company's stock worth $49,000 after acquiring an additional 2 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

NVR Stock Up 0.5 %

Shares of NVR stock traded up $41.96 on Friday, hitting $9,235.58. 13,607 shares of the company traded hands, compared to its average volume of 19,361. The company has a 50-day moving average price of $9,395.27 and a 200 day moving average price of $8,643.00. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 12-month low of $6,052.58 and a 12-month high of $9,964.77. The company has a market cap of $28.30 billion, a PE ratio of 18.88, a PEG ratio of 1.97 and a beta of 1.20.

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). The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The company's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $125.26 earnings per share. Sell-side analysts predict that NVR, Inc. will post 494.48 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NVR shares. UBS Group raised their price objective 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. Bank of America reduced their target price on shares of NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a report on Wednesday, October 23rd. StockNews.com lowered shares of NVR from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Finally, Seaport Res Ptn downgraded NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $8,783.33.

Insider Activity

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

NVR Company 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.