NVR, Inc. (NVR) Shares Sold by TD Asset Management Inc.

TD Asset Management Inc. lowered its stake in shares of NVR, Inc. (NYSE:NVR) by 9.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,645 shares of the construction company’s stock after selling 289 shares during the period. TD Asset Management Inc. owned approximately 0.07% of NVR worth $7,551,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. HPM Partners LLC lifted its stake in shares of NVR by 0.6% in the 2nd quarter. HPM Partners LLC now owns 168 shares of the construction company’s stock worth $405,000 after purchasing an additional 1 shares during the period. Alps Advisors Inc. lifted its stake in shares of NVR by 0.4% in the 2nd quarter. Alps Advisors Inc. now owns 238 shares of the construction company’s stock worth $574,000 after purchasing an additional 1 shares during the period. Advisor Partners LLC lifted its stake in shares of NVR by 3.4% in the 2nd quarter. Advisor Partners LLC now owns 122 shares of the construction company’s stock worth $294,000 after purchasing an additional 4 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of NVR by 1.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 509 shares of the construction company’s stock worth $1,227,000 after purchasing an additional 6 shares during the period. Finally, Advisor Group Inc. lifted its stake in shares of NVR by 13.9% in the 2nd quarter. Advisor Group Inc. now owns 82 shares of the construction company’s stock worth $197,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 78.48% of the company’s stock.

NVR has been the topic of several recent research reports. Wells Fargo & Company reiterated a “market perform” rating on shares of NVR in a research note on Friday, October 20th. ValuEngine cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Zacks Investment Research upgraded shares of NVR from a “hold” rating to a “strong-buy” rating and set a $3,707.00 price objective on the stock in a research note on Tuesday, October 24th. UBS initiated coverage on shares of NVR in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $3,450.00 price objective on the stock. Finally, MKM Partners reiterated a “neutral” rating on shares of NVR in a research note on Tuesday, September 5th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $3,111.75.

In related news, Director Timothy M. Donahue sold 326 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $3,266.87, for a total value of $1,064,999.62. Following the completion of the sale, the director now directly owns 844 shares of the company’s stock, valued at approximately $2,757,238.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William A. Moran sold 4,949 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $3,261.99, for a total transaction of $16,143,588.51. Following the completion of the sale, the director now directly owns 26,085 shares of the company’s stock, valued at $85,089,009.15. The disclosure for this sale can be found here. Corporate insiders own 11.30% of the company’s stock.

Shares of NVR, Inc. (NVR) traded down $23.58 during trading hours on Tuesday, hitting $3,456.42. 28,900 shares of the stock traded hands, compared to its average volume of 28,202. NVR, Inc. has a 52-week low of $1,577.00 and a 52-week high of $3,509.88. The company has a quick ratio of 1.44, a current ratio of 3.60 and a debt-to-equity ratio of 0.36. The company has a market cap of $13,014.71, a PE ratio of 25.56, a PEG ratio of 1.58 and a beta of 0.75.

NVR (NYSE:NVR) last released its earnings results on Thursday, October 19th. The construction company reported $38.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $35.77 by $2.25. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.71 billion. NVR had a net margin of 9.22% and a return on equity of 38.23%. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $28.46 EPS. equities analysts forecast that NVR, Inc. will post 147.66 earnings per share for the current year.

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NVR Profile

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).

Institutional Ownership by Quarter for NVR (NYSE:NVR)

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