Amundi Acquires 781 Shares of NVR, Inc. $NVR

Amundi grew its holdings in NVR, Inc. (NYSE:NVR) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The fund owned 12,092 shares of the construction company’s stock after acquiring an additional 781 shares during the period. Amundi’s holdings in NVR were worth $93,937,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Jump Financial LLC lifted its holdings in shares of NVR by 201.6% in the 1st quarter. Jump Financial LLC now owns 193 shares of the construction company’s stock valued at $1,398,000 after acquiring an additional 129 shares during the last quarter. Nomura Holdings Inc. increased its stake in NVR by 39.8% during the first quarter. Nomura Holdings Inc. now owns 137 shares of the construction company’s stock worth $992,000 after acquiring an additional 39 shares during the last quarter. Quantum Capital Management LLC NJ increased its stake in NVR by 60.3% during the first quarter. Quantum Capital Management LLC NJ now owns 10,537 shares of the construction company’s stock worth $76,334,000 after acquiring an additional 3,965 shares during the last quarter. Candriam S.C.A. raised its position in NVR by 86.5% during the first quarter. Candriam S.C.A. now owns 317 shares of the construction company’s stock valued at $2,296,000 after purchasing an additional 147 shares during the period. Finally, Algert Global LLC bought a new stake in shares of NVR in the 1st quarter valued at approximately $724,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Price Performance

NVR opened at $7,528.25 on Monday. The business has a fifty day moving average of $7,517.24 and a 200 day moving average of $7,643.48. The stock has a market cap of $21.38 billion, a P/E ratio of 16.52, a PEG ratio of 10.16 and a beta of 1.00. The company has a quick ratio of 3.16, a current ratio of 5.96 and a debt-to-equity ratio of 0.23. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,127.45.

NVR (NYSE:NVR) last released its earnings results on Wednesday, October 22nd. The construction company reported $112.33 earnings per share for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a return on equity of 35.89% and a net margin of 14.00%.The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter last year, the firm posted $130.50 earnings per share. The business’s revenue was down 4.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on NVR shares. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research report on Wednesday, October 8th. BTIG Research assumed coverage on shares of NVR in a research note on Monday, December 1st. They set a “buy” rating and a $9,022.00 price objective for the company. Bank of America reduced their target price on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Finally, UBS Group raised their target price on shares of NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, NVR currently has a consensus rating of “Moderate Buy” and a consensus price target of $8,530.50.

Insider Buying and Selling

In related news, Director Michael J. Devito acquired 14 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was bought at an average price of $7,068.05 per share, for a total transaction of $98,952.70. Following the acquisition, the director directly owned 14 shares of the company’s stock, valued at $98,952.70. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.80% of the stock is owned by corporate insiders.

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.