NVR, Inc. (NYSE:NVR) Shares Acquired by Blueshift Asset Management LLC

Blueshift Asset Management LLC boosted its holdings in NVR, Inc. (NYSE:NVR) by 156.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 192 shares of the construction company’s stock after purchasing an additional 117 shares during the quarter. Blueshift Asset Management LLC’s holdings in NVR were worth $1,884,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NVR. Drive Wealth Management LLC raised its position in NVR by 7.7% during the 2nd quarter. Drive Wealth Management LLC now owns 28 shares of the construction company’s stock worth $212,000 after buying an additional 2 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in NVR by 0.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 314 shares of the construction company’s stock worth $2,383,000 after purchasing an additional 2 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in NVR by 8.7% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 25 shares of the construction company’s stock valued at $190,000 after purchasing an additional 2 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in NVR by 100.0% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock worth $39,000 after purchasing an additional 2 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of NVR by 13.3% during the 3rd quarter. GAMMA Investing LLC now owns 17 shares of the construction company’s stock worth $167,000 after buying an additional 2 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Bank of America dropped their price objective on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. UBS Group upped their price target on NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Finally, StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $8,783.33.

Insider Buying and Selling

In other NVR news, Director David A. Preiser sold 250 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the transaction, the director now directly owns 239 shares of the company’s stock, valued at $2,223,330.96. This trade represents a 51.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 400 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the transaction, the chief accounting officer now owns 208 shares in the company, valued at approximately $1,965,600. This represents a 65.79 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 775 shares of company stock valued at $7,294,073. 7.00% of the stock is currently owned by corporate insiders.

NVR Trading Down 0.6 %

NYSE NVR opened at $9,239.46 on Wednesday. The company has a 50-day moving average of $9,420.06 and a 200-day moving average of $8,612.27. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. NVR, Inc. has a 12 month low of $6,052.58 and a 12 month high of $9,964.77. The company has a market cap of $28.27 billion, a P/E ratio of 18.89, a P/E/G ratio of 1.99 and a beta of 1.20.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share for the quarter, missing the consensus estimate of $131.00 by ($0.50). The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business posted $125.26 earnings per share. As a group, equities analysts predict that NVR, Inc. will post 494.48 earnings per share for the current 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.