Deseret Mutual Benefit Administrators Sells 2 Shares of NVR, Inc. (NYSE:NVR)

Deseret Mutual Benefit Administrators decreased its position in NVR, Inc. (NYSE:NVR) by 8.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 23 shares of the construction company’s stock after selling 2 shares during the period. Deseret Mutual Benefit Administrators’ holdings in NVR were worth $226,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its position in shares of NVR by 1,100,012.1% in the third quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock valued at $3,562,046,000 after acquiring an additional 363,004 shares during the period. TD Asset Management Inc increased its stake in shares of NVR by 143.8% in the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after acquiring an additional 14,167 shares in the last quarter. Acadian Asset Management LLC raised its stake in NVR by 321.1% during the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock worth $116,389,000 after buying an additional 10,958 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in NVR by 98.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock valued at $141,498,000 after purchasing an additional 8,684 shares in the last quarter. Finally, Epoch Investment Partners Inc. lifted its position in NVR by 56.0% in the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock valued at $172,109,000 after acquiring an additional 8,140 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Insider Activity at NVR

In other news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $2,186,679. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is owned by corporate insiders.

NVR Stock Performance

NVR stock opened at $9,202.54 on Thursday. NVR, Inc. has a twelve month low of $5,818.01 and a twelve month high of $9,964.77. The stock’s 50 day moving average is $9,434.23 and its 200 day moving average is $8,472.38. The company has a market capitalization of $28.34 billion, a P/E ratio of 18.81, a PEG ratio of 1.98 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 earnings per share for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a return on equity of 38.20% and a net margin of 16.51%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter last year, the company earned $125.26 EPS. NVR’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts predict that NVR, Inc. will post 496.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NVR shares. Bank of America decreased their target price on NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. UBS Group increased their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd.

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.