NVR, Inc. (NYSE:NVR) Shares Bought by Walleye Capital LLC

Walleye Capital LLC lifted its stake in NVR, Inc. (NYSE:NVR - Free Report) by 569.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 743 shares of the construction company's stock after purchasing an additional 632 shares during the period. Walleye Capital LLC's holdings in NVR were worth $7,290,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVR. International Assets Investment Management LLC grew its holdings in NVR by 1,100,012.1% during the 3rd 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 in the last quarter. Jennison Associates LLC acquired a new position in shares of NVR during the third quarter worth $348,545,000. Mizuho Securities USA LLC increased its holdings in NVR by 6,454.8% in the third quarter. Mizuho Securities USA LLC now owns 16,518 shares of the construction company's stock valued at $162,071,000 after buying an additional 16,266 shares during the last quarter. TD Asset Management Inc raised its stake in 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 in the last quarter. Finally, Epoch Investment Partners Inc. lifted its holdings in NVR by 56.0% during the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company's stock worth $172,109,000 after buying an additional 8,140 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. StockNews.com downgraded NVR from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Bank of America dropped their price target 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. Seaport Res Ptn downgraded shares of NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. Finally, UBS Group upped their target price on shares of NVR from $8,450.00 to $9,450.00 and gave the company a "neutral" rating in a report on Wednesday, October 23rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, NVR has an average rating of "Hold" and a consensus price target of $8,783.33.

Insider Activity

In other 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 sale, the director now owns 239 shares in the company, valued at approximately $2,223,330.96. This trade represents a 51.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Matthew B. Kelpy sold 125 shares of NVR stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the completion of the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $2,186,679. The trade was a 35.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 775 shares of company stock valued at $7,294,073. Company insiders own 7.00% of the company's stock.

NVR Stock Performance

Shares of NYSE:NVR traded up $41.96 on Friday, reaching $9,235.58. The company's stock had a trading volume of 13,607 shares, compared to its average volume of 20,521. NVR, Inc. has a 52-week low of $6,052.58 and a 52-week high of $9,964.77. The stock has a market capitalization of $28.26 billion, a P/E ratio of 18.88, a PEG ratio of 1.98 and a beta of 1.20. The stock's 50-day moving average is $9,395.27 and its two-hundred day moving average is $8,650.63. 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 issued its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (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 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 firm earned $125.26 EPS. The business's revenue was up 6.6% on a year-over-year basis. As a group, sell-side analysts forecast that NVR, Inc. will post 494.48 EPS for the current year.

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.