Voya Investment Management LLC Has $7.83 Million Stock Holdings in NVR, Inc. (NYSE:NVR)

Voya Investment Management LLC decreased its stake in shares of NVR, Inc. (NYSE:NVR) by 8.3% during the 4th quarter, Holdings Channel reports. The firm owned 957 shares of the construction company’s stock after selling 87 shares during the period. Voya Investment Management LLC’s holdings in NVR were worth $7,827,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its position in NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock worth $41,000 after acquiring an additional 3 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of NVR during the 3rd quarter worth about $49,000. Smartleaf Asset Management LLC raised its holdings in shares of NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock valued at $57,000 after purchasing an additional 3 shares during the period. GAMMA Investing LLC lifted its stake in NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company’s stock valued at $155,000 after purchasing an additional 2 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in NVR by 122.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company’s stock worth $164,000 after purchasing an additional 11 shares during the period. Institutional investors own 83.67% of the company’s stock.

NVR Stock Up 0.9 %

NVR stock opened at $7,101.38 on Wednesday. The company’s 50-day moving average price is $7,195.82 and its two-hundred day moving average price is $8,094.12. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The stock has a market cap of $21.08 billion, a P/E ratio of 13.99, a P/E/G ratio of 2.39 and a beta of 1.07. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing the consensus estimate of $107.87 by ($13.04). The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

Analyst Upgrades and Downgrades

NVR has been the topic of several research analyst reports. UBS Group dropped their price objective on NVR from $8,900.00 to $7,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price target on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $9,023.33.

Insiders Place Their Bets

In related news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now directly owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 7.00% of the company’s stock.

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.