Machina Capital S.A.S. Lowers Position in NVR, Inc. $NVR

Machina Capital S.A.S. cut its stake in shares of NVR, Inc. (NYSE:NVR) by 66.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51 shares of the construction company’s stock after selling 102 shares during the period. Machina Capital S.A.S.’s holdings in NVR were worth $377,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of NVR. Brighton Jones LLC lifted its position in NVR by 68.9% during the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock valued at $622,000 after purchasing an additional 31 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of NVR by 58.5% in the first quarter. D.A. Davidson & CO. now owns 130 shares of the construction company’s stock valued at $942,000 after acquiring an additional 48 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of NVR by 9.2% in the first quarter. Envestnet Asset Management Inc. now owns 8,587 shares of the construction company’s stock valued at $62,204,000 after acquiring an additional 720 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of NVR by 8.8% in the first quarter. TD Private Client Wealth LLC now owns 136 shares of the construction company’s stock valued at $985,000 after acquiring an additional 11 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in shares of NVR by 67.1% in the first quarter. Crossmark Global Holdings Inc. now owns 264 shares of the construction company’s stock valued at $1,913,000 after acquiring an additional 106 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NVR has been the topic of several research analyst reports. Bank of America lowered their price objective on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. UBS Group raised their target price on shares of NVR from $8,150.00 to $8,500.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Wall Street Zen cut shares of NVR from a “hold” rating to a “sell” rating in a research note on Saturday. JPMorgan Chase & Co. raised their target price on shares of NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8,366.67.

NVR Price Performance

NYSE:NVR opened at $7,140.21 on Wednesday. The company has a current ratio of 5.79, a quick ratio of 2.97 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $20.49 billion, a P/E ratio of 15.67, a P/E/G ratio of 9.94 and a beta of 0.94. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,527.85. The business’s 50-day moving average is $7,904.42 and its 200 day moving average is $7,612.25.

NVR (NYSE:NVR) last posted its earnings results on Wednesday, October 22nd. The construction company reported $112.33 EPS for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a return on equity of 35.81% and a net margin of 14.00%.The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the previous year, the business earned $130.50 earnings per share. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis. On average, equities research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total transaction of $4,860,000.00. Following the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at $1,684,800. The trade was a 74.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alexandra A. Jung sold 200 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the sale, the director directly owned 75 shares in the company, valued at $606,183. The trade was a 72.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 850 shares of company stock worth $6,888,075 over the last three months. 7.00% of the stock is currently owned by insiders.

NVR 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.