410 Shares in NVR, Inc. (NYSE:NVR) Bought by Verition Fund Management LLC

Verition Fund Management LLC bought a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 410 shares of the construction company's stock, valued at approximately $4,023,000.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC lifted its position in NVR by 1,285.4% during the 1st quarter. Jane Street Group LLC now owns 568 shares of the construction company's stock valued at $4,601,000 after purchasing an additional 527 shares during the period. Tidal Investments LLC boosted its stake in NVR by 26.9% in the first quarter. Tidal Investments LLC now owns 85 shares of the construction company's stock valued at $686,000 after acquiring an additional 18 shares during the last quarter. Cetera Investment Advisers grew its holdings in NVR by 113.0% during the 1st quarter. Cetera Investment Advisers now owns 196 shares of the construction company's stock worth $1,588,000 after acquiring an additional 104 shares during the period. Cetera Advisors LLC bought a new stake in shares of NVR during the 1st quarter valued at $421,000. Finally, GAMMA Investing LLC lifted its stake in shares of NVR by 36.4% in the 2nd quarter. GAMMA Investing LLC now owns 15 shares of the construction company's stock valued at $114,000 after purchasing an additional 4 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Insiders Place Their Bets

In related news, Director David A. Preiser sold 250 shares of the firm's stock in a transaction on 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 completion of the transaction, the director now owns 239 shares of the company's stock, valued at approximately $2,223,330.96. This trade represents a 51.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Matthew B. Kelpy sold 125 shares of the business's stock in a transaction dated 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 sale, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. This trade represents a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 775 shares of company stock worth $7,294,073. Corporate insiders own 7.00% of the company's stock.

Analysts Set New Price Targets

NVR has been the subject of a number of analyst reports. Seaport Res Ptn cut 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. Bank of America reduced their price objective on shares of NVR from $10,800.00 to $10,600.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. Finally, UBS Group increased 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. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $8,783.33.

NVR Stock Down 1.3 %

Shares of NYSE:NVR traded down $123.62 during trading on Wednesday, hitting $9,061.30. 18,493 shares of the company's stock traded hands, compared to its average volume of 19,365. The company has a 50-day moving average price of $9,375.28 and a 200-day moving average price of $8,677.48. NVR, Inc. has a 52 week low of $6,330.74 and a 52 week high of $9,964.77. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. The company has a market cap of $27.76 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 1.97 and a beta of 1.18.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share 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 company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same quarter last year, the company earned $125.26 EPS. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. As a group, 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.