NVR, Inc. (NYSE:NVR) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in shares of NVR, Inc. (NYSE:NVR) by 12.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,079 shares of the construction company’s stock after acquiring an additional 121 shares during the period. Janney Montgomery Scott LLC’s holdings in NVR were worth $10,587,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of NVR. International Assets Investment Management LLC lifted its position in shares of NVR by 1,100,012.1% during the third quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock worth $3,562,046,000 after purchasing an additional 363,004 shares during the last quarter. TD Asset Management Inc lifted its holdings in NVR by 143.8% during the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after buying an additional 14,167 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of NVR by 321.1% in the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock worth $116,389,000 after acquiring an additional 10,958 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of NVR by 98.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock valued at $141,498,000 after acquiring an additional 8,684 shares in the last quarter. Finally, Epoch Investment Partners Inc. lifted its stake in NVR by 56.0% during the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock worth $172,109,000 after purchasing an additional 8,140 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

Insider Transactions at NVR

In related news, CAO Matthew B. Kelpy sold 125 shares of NVR stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $2,186,679. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 7.00% of the company’s stock.

NVR Trading Down 2.7 %

NVR stock opened at $9,202.54 on Thursday. NVR, Inc. has a 52-week low of $5,818.01 and a 52-week high of $9,964.77. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $28.34 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 1.98 and a beta of 1.20. The firm has a 50-day moving average price of $9,430.77 and a two-hundred day moving average price of $8,467.23.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a return on equity of 38.20% and a net margin of 16.51%. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the prior year, the firm posted $125.26 earnings per share. The business’s quarterly revenue was up 6.6% on a year-over-year basis. Sell-side analysts expect that NVR, Inc. will post 496.62 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on NVR shares. UBS Group increased their target price on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Bank of America reduced their price objective on NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd.

About NVR

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.