NVR, Inc. $NVR Stock Holdings Lifted by Mather Group LLC.

Mather Group LLC. lifted its position in shares of NVR, Inc. (NYSE:NVR) by 104.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 907 shares of the construction company’s stock after buying an additional 464 shares during the quarter. Mather Group LLC.’s holdings in NVR were worth $5,582,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in NVR in the 2nd quarter valued at about $2,004,324,000. State Street Corp increased its holdings in NVR by 0.9% during the 2nd quarter. State Street Corp now owns 128,768 shares of the construction company’s stock valued at $877,348,000 after acquiring an additional 1,172 shares in the last quarter. Corient Private Wealth LLC raised its position in NVR by 407.5% during the fourth quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock worth $332,346,000 after acquiring an additional 36,592 shares during the last quarter. Dimensional Fund Advisors LP raised its position in NVR by 4.1% during the first quarter. Dimensional Fund Advisors LP now owns 40,154 shares of the construction company’s stock worth $264,589,000 after acquiring an additional 1,588 shares during the last quarter. Finally, Caisse de depot et placement du Quebec acquired a new position in NVR during the second quarter worth about $194,114,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Up 3.6%

NVR stock opened at $5,941.07 on Friday. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,200.00. The stock has a market capitalization of $15.80 billion, a P/E ratio of 15.41 and a beta of 0.90. The company has a 50 day moving average price of $6,212.54 and a two-hundred day moving average price of $6,329.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28.

NVR (NYSE:NVR) last posted its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $83.06. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%. The business’s revenue was down 10.5% on a year-over-year basis. During the same quarter last year, the firm earned $108.54 earnings per share. As a group, sell-side analysts expect that NVR, Inc. will post 361.98 EPS for the current year.

Insider Buying and Selling

In other NVR news, Director George Oliver bought 63 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the purchase, the director owned 63 shares of the company’s stock, valued at $405,185.13. This trade represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NVR shares. Weiss Ratings downgraded shares of NVR from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Zacks Research cut shares of NVR from a “hold” rating to a “strong sell” rating in a research note on Monday, September 21st. UBS Group dropped their price objective on shares of NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Wall Street Zen downgraded NVR from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Finally, BTIG Research set a $7,125.00 price objective on NVR in a research report on Tuesday, September 22nd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $6,809.67.

About NVR

NVR, Inc is a U.S. homebuilding and mortgage banking company headquartered in Reston, Virginia. Through its Ryan Homes, NVHomes and Heartland Homes brands, the company designs and constructs single-family homes, townhomes and condominiums for first-time, move-up and luxury homebuyers.

NVR serves customers across selected markets in the Mid-Atlantic, Northeast, Midwest and Southeast regions of the United States. Its homebuilding operations include land acquisition and development, home design, construction, sales and customer service.