Versor Investments LP Sells 65 Shares of NVR, Inc. $NVR

Versor Investments LP trimmed its position in shares of NVR, Inc. (NYSE:NVR) by 36.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113 shares of the construction company’s stock after selling 65 shares during the quarter. Versor Investments LP’s holdings in NVR were worth $835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AdvisorNet Financial Inc bought a new position in shares of NVR during the 2nd quarter valued at $30,000. Olde Wealth Management LLC bought a new position in NVR in the 1st quarter worth $36,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in NVR in the 1st quarter worth $36,000. Ridgewood Investments LLC raised its holdings in NVR by 150.0% in the 1st quarter. Ridgewood Investments LLC now owns 5 shares of the construction company’s stock worth $36,000 after purchasing an additional 3 shares during the period. Finally, SouthState Corp bought a new position in NVR in the 1st quarter worth $36,000. 83.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on NVR. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a report on Wednesday, October 8th. UBS Group raised their target price on NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Wall Street Zen cut NVR from a “hold” rating to a “sell” rating in a report on Saturday. JPMorgan Chase & Co. raised their target price on NVR from $7,200.00 to $7,600.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Finally, Bank of America decreased their price target on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a report on Friday, October 10th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8,366.67.

Insider Transactions at NVR

In other news, Director Alexandra A. Jung sold 200 shares of the firm’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 transaction, the director owned 75 shares in the company, valued at $606,183. This trade represents a 72.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Matthew B. Kelpy sold 600 shares of the firm’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 transaction, the chief accounting officer owned 208 shares of the company’s stock, valued at approximately $1,684,800. The trade was a 74.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 850 shares of company stock valued at $6,888,075. Company insiders own 7.00% of the company’s stock.

NVR Trading Down 0.3%

Shares of NVR stock opened at $7,225.62 on Monday. The firm has a market cap of $20.74 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 9.94 and a beta of 0.94. The business has a 50-day moving average price of $7,944.50 and a 200-day moving average price of $7,613.49. The company has a quick ratio of 2.97, a current ratio of 5.79 and a debt-to-equity ratio of 0.24. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,527.85.

NVR (NYSE:NVR) last issued its quarterly earnings data on Wednesday, October 22nd. The construction company reported $112.33 earnings per share for the quarter, beating analysts’ consensus estimates of $107.88 by $4.45. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.54 billion. NVR had a return on equity of 35.81% and a net margin of 14.00%.The business’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $130.50 earnings per share. Equities research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

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.