Mutual of America Capital Management LLC raised its holdings in NVR, Inc. (NYSE:NVR) by 1.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,094 shares of the construction company’s stock after buying an additional 35 shares during the quarter. Mutual of America Capital Management LLC owned about 0.09% of NVR worth $7,645,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the business. Flagship Harbor Advisors LLC purchased a new position in shares of NVR in the second quarter worth about $109,000. Cerebellum GP LLC raised its stake in shares of NVR by 57.8% in the third quarter. Cerebellum GP LLC now owns 71 shares of the construction company’s stock worth $175,000 after purchasing an additional 26 shares during the last quarter. WealthPLAN Partners LLC purchased a new position in shares of NVR in the second quarter worth about $220,000. Moneta Group Investment Advisors LLC raised its stake in shares of NVR by 102.6% in the second quarter. Moneta Group Investment Advisors LLC now owns 79 shares of the construction company’s stock worth $235,000 after purchasing an additional 40 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of NVR in the third quarter worth about $260,000. Institutional investors own 78.74% of the company’s stock.
Shares of NVR stock opened at $2,437.95 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.74 and a quick ratio of 1.53. The company has a market cap of $8.81 billion, a P/E ratio of 17.22, a P/E/G ratio of 0.94 and a beta of 0.62. NVR, Inc. has a twelve month low of $2,040.71 and a twelve month high of $3,700.00.
NVR (NYSE:NVR) last announced its quarterly earnings results on Thursday, October 18th. The construction company reported $48.28 earnings per share for the quarter, missing the consensus estimate of $50.94 by ($2.66). The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.84 billion. NVR had a net margin of 10.10% and a return on equity of 47.30%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $38.02 earnings per share. As a group, equities analysts predict that NVR, Inc. will post 185.25 earnings per share for the current year.
In other NVR news, insider Robert W. Henley sold 14,850 shares of the firm’s stock in a transaction that occurred on Tuesday, October 23rd. The stock was sold at an average price of $2,145.61, for a total value of $31,862,308.50. Following the sale, the insider now directly owns 4,500 shares of the company’s stock, valued at $9,655,245. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Melquiades R. Martinez acquired 60 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was acquired at an average cost of $2,359.50 per share, for a total transaction of $141,570.00. Following the completion of the acquisition, the director now owns 191 shares of the company’s stock, valued at approximately $450,664.50. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 26,163 shares of company stock valued at $57,909,385. 11.30% of the stock is owned by company insiders.
Several research analysts have recently issued reports on NVR shares. Wells Fargo & Co restated a “market perform” rating and issued a $2,410.00 price objective (down from $3,780.00) on shares of NVR in a research note on Friday, October 19th. ValuEngine cut NVR from a “sell” rating to a “strong sell” rating in a research note on Friday, September 28th. Zacks Investment Research upgraded NVR from a “sell” rating to a “hold” rating in a research note on Thursday, September 20th. Finally, Bank of America cut NVR from a “buy” rating to a “neutral” rating and set a $2,850.00 price target for the company. in a research report on Thursday, October 18th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. NVR has a consensus rating of “Hold” and a consensus target price of $3,104.33.
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NVR, Inc operates as a homebuilder in the United States. The company operates through four segments: Mid Atlantic, North East, Mid East, and South East. It primarily constructs and sells single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names.
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