Fort Washington Investment Advisors Inc. OH Sells 6 Shares of NVR, Inc. (NYSE:NVR)

Fort Washington Investment Advisors Inc. OH decreased its holdings in NVR, Inc. (NYSE:NVR) by 12.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41 shares of the construction company’s stock after selling 6 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in NVR were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Massmutual Trust Co. FSB ADV boosted its stake in shares of NVR by 100.0% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock valued at $39,000 after purchasing an additional 2 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of NVR by 13.3% in the 3rd quarter. GAMMA Investing LLC now owns 17 shares of the construction company’s stock valued at $167,000 after purchasing an additional 2 shares in the last quarter. IFM Investors Pty Ltd boosted its stake in shares of NVR by 0.3% in the 3rd quarter. IFM Investors Pty Ltd now owns 603 shares of the construction company’s stock valued at $5,917,000 after purchasing an additional 2 shares in the last quarter. Metis Global Partners LLC boosted its stake in shares of NVR by 1.8% in the 3rd quarter. Metis Global Partners LLC now owns 114 shares of the construction company’s stock valued at $1,119,000 after purchasing an additional 2 shares in the last quarter. Finally, Private Trust Co. NA boosted its stake in shares of NVR by 66.7% in the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after purchasing an additional 2 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Trading Down 0.5 %

NYSE:NVR opened at $8,338.09 on Friday. The company has a 50-day moving average price of $8,541.36 and a 200-day moving average price of $8,867.02. NVR, Inc. has a 12 month low of $6,800.00 and a 12 month high of $9,964.77. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. The stock has a market cap of $25.51 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 1.67 and a beta of 1.20.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, October 22nd. The construction company reported $130.50 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 company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the prior year, the business posted $125.26 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Equities analysts predict that NVR, Inc. will post 494.48 EPS for the current year.

NVR declared that its Board of Directors has initiated a stock buyback program on Wednesday, December 11th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

NVR has been the subject of a number of research reports. StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. UBS Group dropped their price target on shares of NVR from $9,450.00 to $8,750.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. dropped their price target on shares of NVR from $9,820.00 to $9,245.00 and set a “neutral” rating for the company in a research report on Friday, December 13th. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Finally, Bank of America dropped their price target on shares of 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. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, NVR has an average rating of “Hold” and a consensus target price of $9,531.67.

Insider Transactions at NVR

In other news, Director David A. Preiser sold 250 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the completion of the sale, the director now directly owns 239 shares of the company’s stock, valued at approximately $2,223,330.96. This trade represents a 51.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 400 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total transaction of $3,780,000.00. Following the completion of the sale, the chief accounting officer now directly owns 208 shares of the company’s stock, valued at approximately $1,965,600. This represents a 65.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 7.00% of the company’s stock.

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.