UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 2,045 Shares of NVR, Inc. (NYSE:NVR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in NVR, Inc. (NYSE:NVR) by 8.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 27,282 shares of the construction company’s stock after buying an additional 2,045 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.89% of NVR worth $267,686,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. De Lisle Partners LLP bought a new stake in shares of NVR in the third quarter worth approximately $491,000. Blueshift Asset Management LLC grew its position in NVR by 156.0% in the 3rd quarter. Blueshift Asset Management LLC now owns 192 shares of the construction company’s stock worth $1,884,000 after purchasing an additional 117 shares during the period. Townsquare Capital LLC purchased a new stake in NVR during the 3rd quarter valued at $353,000. Brooklyn Investment Group bought a new position in shares of NVR during the 3rd quarter valued at $137,000. Finally, Quantbot Technologies LP purchased a new position in shares of NVR in the 3rd quarter worth $59,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Stock Up 0.5 %

Shares of NVR opened at $9,235.58 on Friday. The business’s 50 day simple moving average is $9,400.01 and its 200-day simple moving average is $8,631.35. NVR, Inc. has a 1 year low of $6,052.58 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. The stock has a market capitalization of $28.26 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 1.97 and a beta of 1.20.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The business 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 business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $125.26 earnings per share. As a group, equities analysts expect that NVR, Inc. will post 494.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $2,186,679. This represents a 35.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David A. Preiser sold 250 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the sale, the director now owns 239 shares in the company, valued at $2,223,330.96. The trade was a 51.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 775 shares of company stock valued at $7,294,073 over the last ninety days. 7.00% of the stock is owned by insiders.

About NVR

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.