Commons Capital LLC Has $753,000 Stock Holdings in NVR, Inc. $NVR

Key Points

• Commons Capital LLC increased its position in NVR, Inc. by 88.9%, bringing its holdings to $753,000 after purchasing an additional 48 shares in the second quarter.
• Insider selling has been notable, with CAO Matthew B. Kelpy and Director Alexandra A. Jung selling shares valued at a total of $7,869,360 over the last three months.
• Analysts have mixed ratings on NVR, with a consensus rating of "Hold" and a consensus price target of $8,250.00.

Commons Capital LLC increased its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 88.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102 shares of the construction company's stock after purchasing an additional 48 shares during the period. Commons Capital LLC's holdings in NVR were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in NVR. Jones Financial Companies Lllp lifted its holdings in shares of NVR by 217,591.3% during the first quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company's stock worth $3,758,000 after buying an additional 50,046 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its stake in NVR by 9,358.6% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company's stock valued at $356,277,000 after purchasing an additional 47,729 shares in the last quarter. Nuveen LLC acquired a new position in NVR in the first quarter valued at about $334,981,000. JPMorgan Chase & Co. raised its stake in NVR by 41.6% in the first quarter. JPMorgan Chase & Co. now owns 52,404 shares of the construction company's stock valued at $379,639,000 after purchasing an additional 15,405 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of NVR by 5,411.1% in the 1st quarter. Pacer Advisors Inc. now owns 14,384 shares of the construction company's stock valued at $104,203,000 after buying an additional 14,123 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVR

In other NVR news, CAO Matthew B. Kelpy sold 600 shares of the stock in a transaction dated 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 completion of the sale, the chief accounting officer directly owned 208 shares in the company, valued at approximately $1,684,800. This trade represents a 74.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Alexandra A. Jung sold 200 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the sale, the director owned 75 shares of the company's stock, valued at approximately $606,183. The trade was a 72.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 975 shares of company stock worth $7,869,360 over the last three months. 7.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of NVR from $7,200.00 to $7,600.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. UBS Group boosted their price objective on shares of NVR from $7,900.00 to $8,150.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Wall Street Zen upgraded shares of NVR from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Bank of America lowered their price target on NVR from $9,100.00 to $9,000.00 and set a "buy" rating for the company in a report on Friday, October 10th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of NVR in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $8,250.00.

NVR Stock Performance

NVR stock opened at $7,595.15 on Friday. The company has a market capitalization of $21.80 billion, a P/E ratio of 16.03, a P/E/G ratio of 10.63 and a beta of 0.94. The business has a 50 day moving average of $8,070.87 and a 200-day moving average of $7,571.61. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last released its earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share for the quarter, beating analysts' consensus estimates of $104.89 by $3.65. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.46 billion. NVR had a net margin of 14.68% and a return on equity of 37.35%. The company's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $120.69 EPS. On average, equities research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

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.

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