NVR, Inc. $NVR Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of NVR, Inc. (NYSE:NVR) by 47.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,544 shares of the construction company’s stock after acquiring an additional 499 shares during the period. Quantinno Capital Management LP’s holdings in NVR were worth $10,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. DV Equities LLC acquired a new stake in NVR in the fourth quarter worth $29,000. Strive Financial Group LLC acquired a new position in shares of NVR during the fourth quarter valued at $29,000. Oakworth Capital Inc. bought a new position in shares of NVR during the fourth quarter worth about $36,000. State of Wyoming bought a new position in shares of NVR during the second quarter worth about $44,000. Finally, Clearstead Advisors LLC increased its holdings in shares of NVR by 75.0% in the 4th quarter. Clearstead Advisors LLC now owns 7 shares of the construction company’s stock worth $51,000 after acquiring an additional 3 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NVR opened at $6,267.80 on Wednesday. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The stock’s fifty day moving average is $6,419.12 and its 200-day moving average is $6,726.69. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. The firm has a market capitalization of $16.92 billion, a price-to-earnings ratio of 16.26, a price-to-earnings-growth ratio of 10.23 and a beta of 0.91.

NVR (NYSE:NVR) last posted its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, topping the consensus estimate of $0.90 by $83.06. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. NVR had a net margin of 12.26% and a return on equity of 31.02%. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $108.54 earnings per share. Equities analysts anticipate that NVR, Inc. will post 371.98 EPS for the current year.

Analyst Upgrades and Downgrades

NVR has been the topic of several recent research reports. Truist Financial cut their price objective on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Seaport Research Partners restated a “sell” rating and issued a $5,664.00 target price on shares of NVR in a research report on Tuesday, April 7th. Zelman & Associates upgraded shares of NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Bank of America cut their price target on NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Finally, UBS Group reduced their price objective on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, NVR has an average rating of “Hold” and a consensus price target of $7,224.20.

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.