MBB Public Markets I LLC Purchases Shares of 43 NVR, Inc. $NVR

MBB Public Markets I LLC purchased a new stake in shares of NVR, Inc. (NYSE:NVR) during the first quarter, Holdings Channel reports. The fund purchased 43 shares of the construction company’s stock, valued at approximately $312,000.

A number of other institutional investors have also bought and sold shares of NVR. GAMMA Investing LLC boosted its position in NVR by 838,726.3% during the first quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company’s stock valued at $1,154,589,000 after acquiring an additional 159,358 shares during the last quarter. Siemens Fonds Invest GmbH boosted its position in NVR by 116,808.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company’s stock valued at $468,528,000 after acquiring an additional 57,236 shares during the last quarter. Jones Financial Companies Lllp boosted its position in NVR by 217,591.3% during the first quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock valued at $3,758,000 after acquiring an additional 50,046 shares during the last quarter. Nuveen LLC bought a new stake in NVR during the first quarter valued at $334,981,000. Finally, JPMorgan Chase & Co. boosted its position in NVR by 41.6% during the first quarter. JPMorgan Chase & Co. now owns 52,404 shares of the construction company’s stock valued at $379,639,000 after acquiring an additional 15,405 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Price Performance

Shares of NYSE NVR opened at $8,325.38 on Thursday. The firm’s 50-day moving average price is $7,908.02 and its 200-day moving average price is $7,444.16. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77. The firm has a market capitalization of $23.89 billion, a P/E ratio of 17.57, a P/E/G ratio of 11.51 and a beta of 0.95. The company has a current ratio of 5.79, a quick ratio of 2.97 and a debt-to-equity ratio of 0.24.

NVR (NYSE:NVR) last announced its quarterly earnings data on Wednesday, July 23rd. The construction company reported $108.54 earnings per share for the quarter, beating the consensus estimate of $104.89 by $3.65. NVR had a net margin of 14.68% and a return on equity of 37.35%. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the business earned $120.69 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Matthew B. Kelpy sold 600 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $8,100.00, for a total value of $4,860,000.00. Following the sale, the chief accounting officer owned 208 shares in the company, valued at $1,684,800. This represents a 74.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Alexandra A. Jung sold 200 shares of the company’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $8,082.44, for a total transaction of $1,616,488.00. Following the completion of the sale, the director owned 75 shares in the company, valued at $606,183. This represents a 72.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 975 shares of company stock worth $7,869,360 in the last quarter. Insiders own 7.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on NVR shares. UBS Group upped their price target on shares of NVR from $7,900.00 to $8,150.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. upped their price objective on shares of NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8,783.33.

NVR 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.