NVR, Inc. $NVR Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in NVR, Inc. (NYSE:NVR) by 18,081.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the construction company’s stock after buying an additional 9,945 shares during the period. International Assets Investment Management LLC owned 0.38% of NVR worth $61,544,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NVR. BlackRock Inc. acquired a new stake in NVR during the 2nd quarter worth $2,004,324,000. State Street Corp increased its position in shares of NVR by 0.9% during the second quarter. State Street Corp now owns 128,768 shares of the construction company’s stock worth $877,348,000 after purchasing an additional 1,172 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of NVR by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 40,154 shares of the construction company’s stock valued at $264,589,000 after purchasing an additional 1,588 shares during the last quarter. Caisse de depot et placement du Quebec acquired a new stake in shares of NVR in the 2nd quarter valued at about $194,114,000. Finally, First Trust Advisors LP boosted its position in shares of NVR by 879.9% in the 1st quarter. First Trust Advisors LP now owns 24,418 shares of the construction company’s stock valued at $160,911,000 after purchasing an additional 21,926 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Down 0.8%

Shares of NYSE NVR opened at $5,968.48 on Friday. The stock has a market capitalization of $15.88 billion, a price-to-earnings ratio of 16.46 and a beta of 0.90. NVR, Inc. has a 52 week low of $5,501.01 and a 52 week high of $8,200.00. The firm has a 50-day moving average price of $6,118.87 and a 200 day moving average price of $6,557.27. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27.

NVR (NYSE:NVR) last issued its earnings results on Thursday, October 22nd. The construction company reported $89.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $102.77 by ($13.32). The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.57 billion. NVR had a net margin of 11.51% and a return on equity of 29.23%. The company’s quarterly revenue was down 8.2% on a year-over-year basis. During the same period last year, the business posted $112.33 earnings per share. Equities research analysts anticipate that NVR, Inc. will post 350.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on NVR shares. Weiss Ratings upgraded NVR from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 19th. BTIG Research reiterated a “buy” rating on shares of NVR in a research note on Friday, October 23rd. Truist Financial cut their price target on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a report on Friday, July 24th. Zacks Research cut shares of NVR from a “hold” rating to a “strong sell” rating in a report on Monday, September 21st. Finally, Bank of America downgraded shares of NVR from a “buy” rating to an “underperform” rating and set a $5,900.00 price objective for the company. in a research report on Friday, October 23rd. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $6,597.17.

Insider Buying and Selling

In other NVR news, Director George Oliver acquired 63 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was acquired at an average cost of $6,431.51 per share, with a total value of $405,185.13. Following the purchase, the director directly owned 63 shares in the company, valued at approximately $405,185.13. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders own 8.60% of the company’s stock.

About NVR

NVR, Inc is a homebuilding and mortgage banking company headquartered in Reston, Virginia. Through its homebuilding operations, the company designs and constructs single-family detached homes, townhomes and condominiums for buyers in a range of residential markets.

NVR markets homes primarily under the Ryan Homes, NVHomes and Heartland Homes brands. Ryan Homes generally serves a broad range of buyers, while NVHomes focuses on higher-end communities. The company’s homebuilding operations serve selected markets across the Mid-Atlantic, Midwest and Southeast regions of the United States.

Through NVR Mortgage, the company provides mortgage loan origination services to many of its homebuyers.