NVR, Inc. $NVR Shares Sold by Boston Partners

Boston Partners lessened its holdings in NVR, Inc. (NYSE:NVR) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,444 shares of the construction company’s stock after selling 1,724 shares during the period. Boston Partners owned approximately 2.20% of NVR worth $455,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. purchased a new position in shares of NVR in the 4th quarter valued at about $11,610,000. Alberta Investment Management Corp acquired a new stake in NVR during the 3rd quarter worth approximately $4,017,000. American Century Companies Inc. lifted its holdings in shares of NVR by 17.0% in the 3rd quarter. American Century Companies Inc. now owns 6,370 shares of the construction company’s stock valued at $51,181,000 after buying an additional 925 shares during the period. Marshfield Associates lifted its holdings in shares of NVR by 4.7% in the 3rd quarter. Marshfield Associates now owns 25,042 shares of the construction company’s stock valued at $201,204,000 after buying an additional 1,130 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of NVR by 669.5% in the 4th quarter. SG Americas Securities LLC now owns 4,232 shares of the construction company’s stock valued at $30,863,000 after buying an additional 3,682 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Price Performance

Shares of NYSE:NVR opened at $6,387.51 on Friday. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The stock has a fifty day moving average of $6,312.62 and a 200-day moving average of $6,979.91. The company has a market capitalization of $17.25 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 4.77 and a beta of 0.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.67 and a current ratio of 5.19.

NVR (NYSE:NVR) last posted its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 earnings per share 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 company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the company posted $94.83 earnings per share. The company’s revenue was down 21.7% compared to the same quarter last year. As a group, equities analysts anticipate that NVR, Inc. will post 375.15 EPS for the current fiscal year.

Insider Transactions at NVR

In other news, Director Michael J. Devito purchased 11 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was bought at an average cost of $6,699.50 per share, for a total transaction of $73,694.50. Following the completion of the acquisition, the director directly owned 25 shares of the company’s stock, valued at approximately $167,487.50. The trade was a 78.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 8.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Truist Financial reduced their price target on NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Weiss Ratings downgraded NVR from a “hold (c)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Bank of America dropped their price target on NVR from $8,600.00 to $8,225.00 and set a “buy” rating for the company in a research report on Monday, April 20th. UBS Group dropped their price target on NVR from $8,100.00 to $7,700.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Finally, Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $7,649.33.

About NVR

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.