NVR, Inc. $NVR is Amiral Gestion’s 8th Largest Position

Amiral Gestion raised its position in NVR, Inc. (NYSE:NVR) by 71.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,978 shares of the construction company’s stock after acquiring an additional 826 shares during the quarter. NVR accounts for about 5.8% of Amiral Gestion’s investment portfolio, making the stock its 8th largest holding. Amiral Gestion’s holdings in NVR were worth $15,893,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NVR. Bennett Selby Investments LP grew its holdings in NVR by 2.7% during the 3rd quarter. Bennett Selby Investments LP now owns 153 shares of the construction company’s stock valued at $1,229,000 after purchasing an additional 4 shares in the last quarter. Czech National Bank lifted its holdings in NVR by 1.4% in the 3rd quarter. Czech National Bank now owns 731 shares of the construction company’s stock worth $5,873,000 after buying an additional 10 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in NVR by 107.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 7,487 shares of the construction company’s stock valued at $60,155,000 after buying an additional 3,871 shares during the last quarter. Aaron Wealth Advisors LLC acquired a new stake in shares of NVR during the third quarter valued at about $418,000. Finally, GAMMA Investing LLC grew its stake in shares of NVR by 15.8% during the third quarter. GAMMA Investing LLC now owns 22 shares of the construction company’s stock valued at $177,000 after acquiring an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Stock Performance

Shares of NVR opened at $7,570.91 on Friday. The stock has a market capitalization of $21.50 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 10.07 and a beta of 1.01. The business’s fifty day moving average price is $7,431.51 and its 200 day moving average price is $7,661.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.96 and a quick ratio of 3.16. NVR, Inc. has a 12-month low of $6,562.85 and a 12-month high of $8,618.28.

NVR (NYSE:NVR) last issued 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 net margin of 14.00% and a return on equity of 35.89%. The company had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same period in the prior year, the company earned $130.50 earnings per share. The firm’s revenue was down 4.5% compared to the same quarter last year. Equities research analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other NVR news, Director Michael J. Devito bought 14 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were purchased at an average price of $7,068.05 per share, with a total value of $98,952.70. Following the completion of the acquisition, the director directly owned 14 shares of the company’s stock, valued at approximately $98,952.70. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 7.00% of the stock is currently owned by company 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.