Robeco Institutional Asset Management B.V. Sells 822 Shares of NVR, Inc. (NYSE:NVR)

Robeco Institutional Asset Management B.V. reduced its holdings in NVR, Inc. (NYSE:NVR) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,231 shares of the construction company’s stock after selling 822 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.27% of NVR worth $80,761,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV raised its position in shares of NVR by 100.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock valued at $39,000 after buying an additional 2 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of NVR during the 3rd quarter worth approximately $39,000. Redwood Wealth Management Group LLC bought a new stake in shares of NVR during the second quarter valued at approximately $46,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of NVR in the second quarter valued at $53,000. Finally, UMB Bank n.a. lifted its position in NVR by 57.1% in the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after purchasing an additional 4 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Buying and Selling

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

NVR Stock Performance

NVR stock opened at $9,258.34 on Tuesday. The firm has a market capitalization of $28.52 billion, a P/E ratio of 18.93, a P/E/G ratio of 1.95 and a beta of 1.20. The stock has a fifty day moving average price of $9,420.22 and a two-hundred day moving average price of $8,443.62. NVR, Inc. has a 52-week low of $5,818.01 and a 52-week high of $9,964.77. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54.

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

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.