43 Shares in NVR, Inc. $NVR Bought by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC has acquired a new position in NVR, Inc. during the first quarter, purchasing 43 shares valued at about $312,000.
• Institutional investors now own 83.67% of NVR's stock, with notable increases in stakes from firms like GAMMA Investing LLC and JPMorgan Chase & Co. during the same period.
• NVR reported earnings of $108.54 per share for the last quarter, surpassing estimates, despite a 0.5% decrease in revenue year-over-year.

MBB Public Markets I LLC acquired a new stake in NVR, Inc. (NYSE:NVR - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 43 shares of the construction company's stock, valued at approximately $312,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NVR. Brighton Jones LLC increased its stake in shares of NVR by 68.9% in the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company's stock valued at $622,000 after buying an additional 31 shares during the period. Baird Financial Group Inc. increased its stake in shares of NVR by 6.7% in the fourth quarter. Baird Financial Group Inc. now owns 48 shares of the construction company's stock valued at $393,000 after buying an additional 3 shares during the period. D. E. Shaw & Co. Inc. increased its stake in shares of NVR by 176.9% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 396 shares of the construction company's stock valued at $3,239,000 after buying an additional 253 shares during the period. LMR Partners LLP acquired a new position in shares of NVR in the fourth quarter valued at approximately $294,000. Finally, Morse Asset Management Inc increased its stake in shares of NVR by 1,200.0% in the fourth quarter. Morse Asset Management Inc now owns 13 shares of the construction company's stock valued at $106,000 after buying an additional 12 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Insiders Place Their Bets

In related news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $7,850.28, for a total value of $981,285.00. Following the transaction, the director directly owned 386 shares in the company, valued at $3,030,208.08. This trade represents a 24.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Matthew B. Kelpy sold 600 shares of the 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 completion of the transaction, the chief accounting officer owned 208 shares in the company, valued at approximately $1,684,800. This represents a 74.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 975 shares of company stock worth $7,869,360. Corporate insiders own 7.80% of the company's stock.

NVR Trading Down 0.9%

Shares of NVR stock traded down $70.61 on Tuesday, reaching $8,207.35. 4,596 shares of the company's stock were exchanged, compared to its average volume of 22,322. The company has a market capitalization of $23.56 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 11.70 and a beta of 0.95. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $9,964.77. The firm's 50-day moving average is $7,956.69 and its two-hundred day moving average is $7,473.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.97 and a current ratio of 5.79.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly 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. The firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.46 billion. NVR had a return on equity of 37.35% and a net margin of 14.68%.The company's revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the prior year, the business earned $120.69 EPS. Sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NVR has been the subject of a number of recent analyst reports. UBS Group increased their target price 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. JPMorgan Chase & Co. increased 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. Finally, Wall Street Zen raised shares of NVR from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $8,783.33.

NVR Company 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.