NVR, Inc. $NVR Shares Acquired by Quantum Capital Management LLC NJ

Quantum Capital Management LLC NJ boosted its holdings in NVR, Inc. (NYSE:NVR) by 11.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,646 shares of the construction company’s stock after purchasing an additional 986 shares during the quarter. NVR comprises 8.1% of Quantum Capital Management LLC NJ’s holdings, making the stock its 2nd largest holding. Quantum Capital Management LLC NJ’s holdings in NVR were worth $63,566,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NVR. Castleview Partners LLC boosted its holdings in shares of NVR by 2.8% during the 4th quarter. Castleview Partners LLC now owns 74 shares of the construction company’s stock worth $540,000 after buying an additional 2 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of NVR by 0.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company’s stock valued at $3,099,000 after acquiring an additional 2 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of NVR by 3.9% in the 4th quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock valued at $387,000 after acquiring an additional 2 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of NVR by 4.9% during the 4th quarter. Ballentine Partners LLC now owns 43 shares of the construction company’s stock valued at $314,000 after acquiring an additional 2 shares during the period. Finally, AG2R LA Mondiale Gestion D Actifs lifted its position in shares of NVR by 1.6% during the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 127 shares of the construction company’s stock valued at $926,000 after acquiring an additional 2 shares during the period. 83.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Bank of America cut their target price on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research note on Monday. Zelman & Associates upgraded shares of NVR from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings lowered shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. UBS Group cut their price objective on shares of NVR from $8,100.00 to $7,700.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $7,478.50.

NVR Price Performance

Shares of NYSE:NVR opened at $6,363.37 on Thursday. The company has a quick ratio of 2.67, a current ratio of 5.19 and a debt-to-equity ratio of 0.26. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The stock’s 50 day moving average is $6,343.46 and its 200-day moving average is $6,797.21. The firm has a market capitalization of $17.18 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 16.23 and a beta of 0.90.

NVR (NYSE:NVR) last issued its earnings results on Wednesday, April 22nd. The construction company reported $67.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). NVR had a return on equity of 32.66% and a net margin of 12.93%.The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the business earned $94.83 earnings per share. NVR’s revenue for the quarter was down 21.7% on a year-over-year basis. Sell-side analysts forecast that NVR, Inc. will post 371.11 EPS for the current fiscal year.

Insider Buying and Selling

In other NVR news, Director Michael J. Devito acquired 11 shares of the stock in a transaction on Friday, April 24th. The shares were purchased at an average price of $6,699.50 per share, for a total transaction of $73,694.50. Following the completion of the acquisition, the director owned 25 shares in the company, valued at approximately $167,487.50. This represents a 78.57% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 8.60% of the company’s stock.

NVR Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.