Mn Services Vermogensbeheer B.V. Sells 50 Shares of NVR, Inc. $NVR

Key Points

• Mn Services Vermogensbeheer B.V. reduced its stake in NVR, Inc. by 4.3%, selling 50 shares and holding 1,100 shares valued at $8.12 million as of the end of the most recent quarter.
• Several institutional investors, including GAMMA Investing LLC with an 838,726.3% increase in shares, have recently modified their holdings in NVR, with hedge funds owning 83.67% of the stock.
• NVR's latest earnings report showed an EPS of $108.54, exceeding expectations, but a 0.5% year-over-year revenue decline was noted in the same quarter.

Mn Services Vermogensbeheer B.V. lessened its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 4.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,100 shares of the construction company's stock after selling 50 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in NVR were worth $8,124,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NVR. UBS Group upped their price target on shares of NVR from $7,900.00 to $8,150.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Wall Street Zen upgraded NVR from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, JPMorgan Chase & Co. increased their target price on NVR from $7,200.00 to $7,600.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $8,783.33.

NVR Stock Up 0.2%

NYSE:NVR traded up $12.30 during trading hours on Tuesday, hitting $7,937.53. 1,851 shares of the company's stock traded hands, compared to its average volume of 22,371. The stock's fifty day moving average price is $8,005.03 and its two-hundred day moving average price is $7,500.40. The firm has a market cap of $22.78 billion, a P/E ratio of 16.75, a P/E/G ratio of 11.25 and a beta of 0.95. 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, Inc. has a twelve month low of $6,562.85 and a twelve month 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 the consensus estimate of $104.89 by $3.65. The company 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 business's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $120.69 EPS. On average, research analysts expect that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Transactions at NVR

In other NVR news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the transaction, the director directly owned 386 shares of the company's stock, valued at $3,030,208.08. This represents a 24.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Matthew B. Kelpy sold 600 shares of the business's stock in a transaction dated 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 sale, the chief accounting officer directly owned 208 shares of the company's stock, valued at $1,684,800. This represents a 74.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 975 shares of company stock worth $7,869,360 in the last 90 days. 7.80% of the stock is owned by insiders.

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.