NVR, Inc. $NVR Stock Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP grew its stake in shares of NVR, Inc. (NYSE:NVR) by 434.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 171 shares of the construction company’s stock after purchasing an additional 139 shares during the period. Fulcrum Asset Management LLP’s holdings in NVR were worth $1,066,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC grew its position in NVR by 3.8% during the first quarter. International Assets Investment Management LLC now owns 55 shares of the construction company’s stock worth $367,000 after buying an additional 2 shares during the period. Parallel Advisors LLC lifted its position in shares of NVR by 3.7% during the 1st quarter. Parallel Advisors LLC now owns 56 shares of the construction company’s stock valued at $369,000 after acquiring an additional 2 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of NVR by 1.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 203 shares of the construction company’s stock valued at $1,383,000 after acquiring an additional 2 shares during the period. Nissay Asset Management Corp Japan lifted its position in shares of NVR by 0.6% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 364 shares of the construction company’s stock valued at $2,480,000 after acquiring an additional 2 shares during the period. Finally, Versant Capital Management Inc boosted its stake in shares of NVR by 8.7% during the 3rd quarter. Versant Capital Management Inc now owns 25 shares of the construction company’s stock worth $154,000 after acquiring an additional 2 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Down 2.3%

Shares of NYSE NVR opened at $5,899.54 on Thursday. The firm’s 50-day moving average is $6,094.04 and its two-hundred day moving average is $6,499.79. The company has a market capitalization of $15.63 billion, a PE ratio of 16.27 and a beta of 0.93. NVR, Inc. has a 12-month low of $5,501.01 and a 12-month high of $8,200.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.07 and a quick ratio of 2.02.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, October 22nd. The construction company reported $89.45 earnings per share for the quarter, missing analysts’ consensus estimates of $102.77 by ($13.32). NVR had a return on equity of 29.53% and a net margin of 11.51%. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period last year, the business earned $112.33 earnings per share. The company’s revenue for the quarter was down 8.2% on a year-over-year basis. Equities analysts anticipate that NVR, Inc. will post 345.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on NVR shares. Truist Financial lowered their price target on NVR from $6,600.00 to $6,400.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Wall Street Zen cut NVR from a “hold” rating to a “sell” rating in a report on Saturday, October 3rd. BTIG Research reaffirmed a “buy” rating on shares of NVR in a report on Friday, October 23rd. Weiss Ratings downgraded NVR from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, November 3rd. Finally, Morgan Stanley lowered their target price on NVR from $5,058.00 to $4,864.00 and set an “underweight” rating on the stock in a report on Tuesday, November 3rd. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $6,564.83.

NVR Profile

NVR, Inc. is a homebuilding and mortgage banking company. Through its homebuilding operations, it designs and constructs single-family homes and townhomes for buyers across a range of price points. The company markets homes under the Ryan Homes, NVHomes and Heartland Homes brands. Its homebuilding business serves communities in multiple regions of the United States, including the Mid-Atlantic, Northeast, Southeast and Midwest. NVR also provides mortgage banking and related services to homebuyers through its mortgage operations.