NVR, Inc. $NVR Shares Sold by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC has reduced its holdings in NVR, Inc. by 6.7%, now owning 893 shares worth approximately $6.47 million.
• In contrast, GAMMA Investing LLC significantly increased its stake by 838,726.3%, owning 159,377 shares valued at about $1.15 billion.
• NVR, Inc. reported earnings of $108.54 per share in its latest quarter, exceeding analysts' expectations, despite a 0.5% decrease in revenue compared to the prior year.

Voya Investment Management LLC decreased its stake in NVR, Inc. (NYSE:NVR - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 893 shares of the construction company's stock after selling 64 shares during the quarter. Voya Investment Management LLC's holdings in NVR were worth $6,469,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NVR. GAMMA Investing LLC grew its position 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 valued at $1,154,589,000 after purchasing an additional 159,358 shares during the period. Siemens Fonds Invest GmbH lifted its stake in shares of NVR by 116,808.2% in the fourth quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock worth $468,528,000 after buying an additional 57,236 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of NVR by 217,591.3% in 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. Nuveen LLC purchased a new position in shares of NVR in the first quarter worth about $334,981,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of NVR by 41.6% in the first quarter. JPMorgan Chase & Co. now owns 52,404 shares of the construction company's stock worth $379,639,000 after buying an additional 15,405 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

NVR Trading Down 0.9%

NVR stock traded down $74.57 during trading on Friday, reaching $8,103.91. 45,304 shares of the stock were exchanged, compared to its average volume of 16,944. The business has a 50 day moving average price of $7,998.04 and a 200-day moving average price of $7,495.91. The firm has a market capitalization of $23.26 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 11.37 and a beta of 0.95. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a current ratio of 5.79, a quick ratio of 2.97 and a debt-to-equity ratio of 0.24.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $104.89 by $3.65. The business had revenue of $2.55 billion for 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 business's revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm earned $120.69 EPS. On average, research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Alexandra A. Jung sold 200 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total transaction of $1,616,488.00. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan Williamson Ross sold 125 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the sale, the director directly owned 386 shares in the company, valued at approximately $3,030,208.08. The trade was a 24.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 975 shares of company stock valued at $7,869,360 in the last ninety days. Company insiders own 7.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NVR shares. Wall Street Zen raised shares of NVR from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. raised their price target on shares of NVR from $7,200.00 to $7,600.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. Finally, UBS Group raised their price target on shares of NVR from $7,900.00 to $8,150.00 and gave the stock a "neutral" rating in a research note 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. According to data from MarketBeat, NVR has an average rating of "Hold" and a consensus 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.