UBS Group AG Sells 45 Shares of NVR, Inc. (NYSE:NVR)

UBS Group AG lessened its stake in shares of NVR, Inc. (NYSE:NVR – Get Rating) by 4.0% in the third quarter, HoldingsChannel.com reports. The firm owned 1,076 shares of the construction company’s stock after selling 45 shares during the quarter. UBS Group AG’s holdings in NVR were worth $4,290,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ellevest Inc. raised its holdings in NVR by 100.0% in the third quarter. Ellevest Inc. now owns 12 shares of the construction company’s stock worth $48,000 after purchasing an additional 6 shares in the last quarter. Wipfli Financial Advisors LLC bought a new stake in NVR in the 3rd quarter worth about $76,000. Quantbot Technologies LP bought a new stake in NVR in the 1st quarter worth about $89,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in NVR in the 3rd quarter worth about $88,000. Finally, Covestor Ltd boosted its position in NVR by 75.0% in the first quarter. Covestor Ltd now owns 28 shares of the construction company’s stock worth $128,000 after purchasing an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 82.96% of the company’s stock.

Insider Activity

In related news, CFO Daniel David Malzahn sold 199 shares of the business’s stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $5,490.16, for a total transaction of $1,092,541.84. Following the completion of the transaction, the chief financial officer now owns 6,976 shares in the company, valued at approximately $38,299,356.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Daniel David Malzahn sold 199 shares of the business’s stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $5,490.16, for a total transaction of $1,092,541.84. Following the completion of the transaction, the chief financial officer now owns 6,976 shares in the company, valued at approximately $38,299,356.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 632 shares of the company’s stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $5,379.77, for a total value of $3,400,014.64. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,237,347.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,327 shares of company stock valued at $38,173,143. 10.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, December 14th. JPMorgan Chase & Co. lifted their price objective on NVR from $4,310.00 to $5,000.00 in a research report on Tuesday, November 22nd. Finally, KeyCorp lifted their price objective on NVR from $5,120.00 to $6,000.00 and gave the company an “overweight” rating in a research report on Monday, February 6th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,956.00.

NVR Stock Performance

NYSE:NVR opened at $5,138.91 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.64 and a quick ratio of 3.50. NVR, Inc. has a 1 year low of $3,576.01 and a 1 year high of $5,500.00. The stock’s 50 day simple moving average is $4,977.89 and its two-hundred day simple moving average is $4,531.52. The company has a market cap of $16.70 billion, a price-to-earnings ratio of 10.44, a PEG ratio of 3.08 and a beta of 1.00.

NVR (NYSE:NVR – Get Rating) last released its quarterly earnings data on Tuesday, January 31st. The construction company reported $133.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $98.88 by $34.56. The business had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $2.48 billion. NVR had a return on equity of 56.08% and a net margin of 16.71%. The company’s revenue was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $89.09 EPS. As a group, equities analysts anticipate that NVR, Inc. will post 394.77 earnings per share for the current fiscal year.

NVR Profile

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NVR, Inc engages in the construction and sale of single-family detached homes, townhomes and condominium buildings. It operates through the Homebuilding and Mortgage Banking segments. The Homebuilding segment offers single-family detached homes, townhomes, and condominium buildings with many different home designs.