Vontobel Holding Ltd. Sells 101 Shares of NVR, Inc. $NVR

Vontobel Holding Ltd. lowered its stake in NVR, Inc. (NYSE:NVR) by 46.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118 shares of the construction company’s stock after selling 101 shares during the period. Vontobel Holding Ltd.’s holdings in NVR were worth $872,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in NVR. Jones Financial Companies Lllp boosted its holdings in NVR by 217,591.3% in 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 in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in NVR by 9,358.6% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company’s stock valued at $356,277,000 after acquiring an additional 47,729 shares in the last quarter. Nuveen LLC bought a new stake in NVR in the first quarter valued at $334,981,000. JPMorgan Chase & Co. lifted 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 buying an additional 15,405 shares during the period. Finally, Pacer Advisors Inc. lifted its position in NVR by 5,411.1% during the first quarter. Pacer Advisors Inc. now owns 14,384 shares of the construction company’s stock valued at $104,203,000 after buying an additional 14,123 shares during the period. Institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $7,850.28, for a total value of $981,285.00. Following the completion of the transaction, the director owned 386 shares of the company’s stock, valued at approximately $3,030,208.08. The trade was a 24.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Matthew B. Kelpy sold 600 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total value of $4,860,000.00. Following the completion of the transaction, the chief accounting officer directly owned 208 shares of the company’s stock, valued at approximately $1,684,800. This trade represents a 74.26% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 975 shares of company stock valued at $7,869,360. 7.00% of the stock is owned by insiders.

NVR Stock Performance

Shares of NVR stock opened at $7,452.10 on Monday. The stock has a market cap of $21.39 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 10.36 and a beta of 0.94. The firm’s 50-day moving average is $8,089.11 and its 200 day moving average is $7,564.65. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97.

NVR (NYSE:NVR) last announced its quarterly earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $104.89 by $3.65. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.46 billion. NVR had a net margin of 14.68% and a return on equity of 37.35%. NVR’s revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $120.69 EPS. Sell-side analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVR. Bank of America lowered their price objective on NVR from $9,100.00 to $9,000.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of NVR in a research report on Wednesday, October 8th. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. raised their price objective on NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Finally, UBS Group raised their price objective on NVR from $7,900.00 to $8,150.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $8,250.00.

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.