Lbp Am Sa Has $938,000 Holdings in NVR, Inc. $NVR

Lbp Am Sa lessened its stake in NVR, Inc. (NYSE:NVR) by 9.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 127 shares of the construction company’s stock after selling 14 shares during the quarter. Lbp Am Sa’s holdings in NVR were worth $938,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Spire Wealth Management boosted its holdings in shares of NVR by 21.2% in the first quarter. Spire Wealth Management now owns 63 shares of the construction company’s stock valued at $456,000 after buying an additional 11 shares during the period. Jump Financial LLC boosted its holdings in shares of NVR by 201.6% in the first quarter. Jump Financial LLC now owns 193 shares of the construction company’s stock valued at $1,398,000 after buying an additional 129 shares during the period. Nomura Holdings Inc. boosted its holdings in shares of NVR by 39.8% in the first quarter. Nomura Holdings Inc. now owns 137 shares of the construction company’s stock valued at $992,000 after buying an additional 39 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of NVR by 12.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 331 shares of the construction company’s stock worth $2,377,000 after purchasing an additional 36 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in shares of NVR by 5.2% in the first quarter. Asset Management One Co. Ltd. now owns 1,275 shares of the construction company’s stock worth $9,237,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on NVR. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group boosted their price objective on shares of NVR from $7,900.00 to $8,150.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of NVR from $7,200.00 to $7,600.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $8,783.33.

Insiders Place Their Bets

In other NVR news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the sale, the director directly owned 386 shares of the company’s stock, valued at approximately $3,030,208.08. This represents a 24.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 600 shares of the company’s stock in a transaction 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 in the company, valued at $1,684,800. This trade represents a 74.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 975 shares of company stock valued at $7,869,360. 7.00% of the stock is currently owned by corporate insiders.

NVR Stock Performance

NYSE NVR opened at $8,079.05 on Friday. 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 firm’s fifty day moving average price is $8,078.87 and its two-hundred day moving average price is $7,537.92. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The firm has a market capitalization of $23.19 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 11.17 and a beta of 0.94.

NVR (NYSE:NVR) last posted its quarterly earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $104.89 by $3.65. NVR had a net margin of 14.68% and a return on equity of 37.35%. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the firm posted $120.69 earnings per share. The company’s quarterly revenue was down .5% compared to the same quarter last year. As a group, research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

NVR Company 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.