NVR, Inc. (NYSE:NVR) Stock Holdings Trimmed by Profund Advisors LLC

Profund Advisors LLC lowered its holdings in shares of NVR, Inc. (NYSE:NVR) by 7.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 300 shares of the construction company’s stock after selling 25 shares during the period. Profund Advisors LLC’s holdings in NVR were worth $1,011,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Weaver Consulting Group bought a new stake in NVR during the 1st quarter valued at $34,000. Penserra Capital Management LLC bought a new stake in shares of NVR in the 1st quarter worth $66,000. Machina Capital S.A.S. bought a new stake in shares of NVR in the 2nd quarter worth $71,000. AdvisorNet Financial Inc bought a new stake in shares of NVR in the 2nd quarter worth $101,000. Finally, Advisors Preferred LLC bought a new stake in shares of NVR in the 2nd quarter worth $189,000. 80.10% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have recently commented on NVR. ValuEngine downgraded NVR from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Zacks Investment Research raised NVR from a “hold” rating to a “strong-buy” rating and set a $3,642.00 price objective on the stock in a research note on Thursday, July 11th. Evercore ISI raised NVR from an “in-line” rating to an “outperform” rating in a research note on Friday, August 9th. Evercore raised NVR from an “in-line” rating to an “outperform” rating in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. downgraded NVR from a “neutral” rating to an “underweight” rating and boosted their price objective for the stock from $3,300.00 to $3,680.00 in a research note on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $3,537.33.

Shares of NVR traded down $20.31 during midday trading on Monday, reaching $3,604.50. The stock had a trading volume of 423 shares, compared to its average volume of 21,812. NVR, Inc. has a 52 week low of $2,040.71 and a 52 week high of $3,770.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.29 and a quick ratio of 2.14. The firm’s 50 day moving average price is $3,523.79 and its 200-day moving average price is $3,228.08. The company has a market capitalization of $13.26 billion, a P/E ratio of 18.47, a P/E/G ratio of 1.64 and a beta of 0.62.

NVR (NYSE:NVR) last announced its earnings results on Friday, July 19th. The construction company reported $53.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $44.87 by $8.22. The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.75 billion. NVR had a return on equity of 44.03% and a net margin of 11.54%. NVR’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $49.05 earnings per share. On average, equities analysts forecast that NVR, Inc. will post 209.1 earnings per share for the current year.

In other news, CEO Paul C. Saville sold 20,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $3,502.83, for a total transaction of $70,056,600.00. Following the sale, the chief executive officer now directly owns 132,770 shares of the company’s stock, valued at $465,070,739.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey D. Martchek sold 1,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $3,508.28, for a total value of $3,508,280.00. Following the sale, the insider now directly owns 5,158 shares in the company, valued at $18,095,708.24. The disclosure for this sale can be found here. Insiders have sold 32,561 shares of company stock worth $114,955,340 over the last ninety days. 11.10% of the stock is owned by insiders.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. It primarily constructs and sells 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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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