American Capital Advisory LLC Trims Stake in NVR, Inc. (NYSE:NVR)

American Capital Advisory LLC cut its position in shares of NVR, Inc. (NYSE:NVR) by 13.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26 shares of the construction company’s stock after selling 4 shares during the period. American Capital Advisory LLC’s holdings in NVR were worth $255,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in NVR. Catalina Capital Group LLC purchased a new position in NVR in the 3rd quarter worth about $216,000. Marks Group Wealth Management Inc grew its stake in NVR by 4.1% in the third quarter. Marks Group Wealth Management Inc now owns 557 shares of the construction company’s stock worth $5,465,000 after purchasing an additional 22 shares in the last quarter. Amalgamated Bank increased its holdings in NVR by 0.6% during the 3rd quarter. Amalgamated Bank now owns 634 shares of the construction company’s stock worth $6,221,000 after purchasing an additional 4 shares during the period. Moloney Securities Asset Management LLC raised its position in NVR by 36.0% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 121 shares of the construction company’s stock valued at $1,187,000 after purchasing an additional 32 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in shares of NVR by 4.0% during the third quarter. Asset Management One Co. Ltd. now owns 1,274 shares of the construction company’s stock valued at $12,500,000 after buying an additional 49 shares during the period. 83.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on NVR shares. Bank of America reduced their price objective on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. UBS Group boosted 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.

NVR Stock Performance

NVR stock traded down $406.01 during trading on Wednesday, reaching $9,049.80. The company had a trading volume of 4,943 shares, compared to its average volume of 19,087. 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 twelve month low of $5,818.01 and a twelve month high of $9,964.77. The company has a market cap of $27.86 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 1.95 and a beta of 1.20. The firm has a 50-day simple moving average of $9,430.77 and a 200-day simple moving average of $8,467.23.

NVR (NYSE:NVR) last issued 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 for the quarter, compared to analyst estimates of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The business’s revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $125.26 EPS. As a group, sell-side analysts expect that NVR, Inc. will post 496.62 earnings per share for the current year.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $2,186,679. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at $2,186,679. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the business’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 value of $1,700,000.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. The trade was 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 owned by company insiders.

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.