IFM Investors Pty Ltd Has $4.23 Million Position in NVR, Inc. $NVR

Key Points

• IFM Investors Pty Ltd increased its stake in NVR, Inc. by 6.1% in Q2, owning 573 shares valued at approximately $4.23 million.
• NVR reported earnings of $108.54 EPS for the last quarter, exceeding analysts' expectations of $104.89, though its revenue showed a 0.5% decline year-over-year.
• Institutional investors own 83.67% of NVR's stock, reflecting a strong interest among large financial entities in the company's performance.

IFM Investors Pty Ltd lifted its stake in NVR, Inc. (NYSE:NVR - Free Report) by 6.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 573 shares of the construction company's stock after purchasing an additional 33 shares during the quarter. IFM Investors Pty Ltd's holdings in NVR were worth $4,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of NVR by 838,726.3% in the first quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company's stock worth $1,154,589,000 after acquiring an additional 159,358 shares during the period. Siemens Fonds Invest GmbH raised its stake in NVR by 116,808.2% during the 4th quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock valued at $468,528,000 after buying an additional 57,236 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of NVR by 217,591.3% during the 1st quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company's stock valued at $3,758,000 after buying an additional 50,046 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of NVR by 9,358.6% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company's stock valued at $356,277,000 after buying an additional 47,729 shares during the period. Finally, Nuveen LLC purchased a new position in shares of NVR in the 1st quarter worth $334,981,000. 83.67% of the stock is currently owned by institutional investors.

NVR Trading Down 1.8%

Shares of NYSE NVR traded down $144.95 during trading on Monday, hitting $7,949.75. 19,903 shares of the company traded hands, compared to its average volume of 18,341. The company has a 50-day moving average price of $8,005.03 and a 200-day moving average price of $7,500.40. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a quick ratio of 2.97, a current ratio of 5.79 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $22.82 billion, a P/E ratio of 16.78, a P/E/G ratio of 11.25 and a beta of 0.95.

NVR (NYSE:NVR - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the prior year, the company earned $120.69 EPS. The company's revenue was down .5% on a year-over-year basis. On average, equities analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. UBS Group raised 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. Finally, JPMorgan Chase & Co. increased their price objective on 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. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $8,783.33.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 600 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total value of $4,860,000.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Alexandra A. Jung sold 200 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the transaction, the director directly owned 75 shares of the company's stock, valued at $606,183. This represents a 72.73% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 975 shares of company stock valued at $7,869,360. Corporate insiders own 7.80% of the company's stock.

About NVR

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.