Asset Management One Co. Ltd. Acquires 49 Shares of NVR, Inc. (NYSE:NVR)

Asset Management One Co. Ltd. lifted its holdings in shares of NVR, Inc. (NYSE:NVR) by 4.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,274 shares of the construction company’s stock after buying an additional 49 shares during the period. Asset Management One Co. Ltd.’s holdings in NVR were worth $12,500,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. International Assets Investment Management LLC increased its position in 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 buying an additional 363,004 shares during the last quarter. Marshfield Associates boosted its position in NVR by 0.3% during the second quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock worth $248,290,000 after purchasing an additional 96 shares during the period. Dimensional Fund Advisors LP grew its holdings in NVR by 3.2% during the second quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after purchasing an additional 906 shares during the last quarter. TD Asset Management Inc grew its holdings in NVR by 143.8% during the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after purchasing an additional 14,167 shares during the last quarter. Finally, Epoch Investment Partners Inc. lifted its stake in shares of NVR by 56.0% in the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock worth $172,109,000 after buying an additional 8,140 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

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

NVR Stock Performance

NYSE:NVR opened at $9,202.54 on Thursday. The firm’s 50-day moving average is $9,430.77 and its 200-day moving average is $8,467.23. The company has a market cap 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 company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21. NVR, Inc. has a 52-week low of $5,818.01 and a 52-week high of $9,964.77.

NVR (NYSE:NVR) last issued its quarterly earnings results 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 net margin of 16.51% and a return on equity of 38.20%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter in the prior year, the firm earned $125.26 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. Equities research analysts anticipate that NVR, Inc. will post 496.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of research analyst reports. UBS Group raised their target price on shares of NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Bank of America dropped their price target on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd.

NVR Company 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.