NVR, Inc. (NVR) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lifted its position in NVR, Inc. (NYSE:NVR) by 1.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,094 shares of the construction company’s stock after acquiring an additional 35 shares during the period. Mutual of America Capital Management LLC’s holdings in NVR were worth $7,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the company. Loomis Sayles & Co. L P raised its holdings in shares of NVR by 77.4% in the 3rd quarter. Loomis Sayles & Co. L P now owns 15,423 shares of the construction company’s stock valued at $38,107,000 after buying an additional 6,730 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in shares of NVR by 229.8% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 91,752 shares of the construction company’s stock valued at $226,701,000 after buying an additional 63,932 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of NVR in the 3rd quarter valued at $260,000. Eaton Vance Management raised its holdings in shares of NVR by 258.2% in the 3rd quarter. Eaton Vance Management now owns 1,132 shares of the construction company’s stock valued at $2,797,000 after buying an additional 816 shares during the period. Finally, Hsbc Holdings PLC raised its holdings in shares of NVR by 50.9% in the 3rd quarter. Hsbc Holdings PLC now owns 587 shares of the construction company’s stock valued at $1,450,000 after buying an additional 198 shares during the period. 78.74% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Robert W. Henley sold 4,203 shares of the business’s stock in a transaction on Thursday, October 25th. The stock was sold at an average price of $2,131.63, for a total transaction of $8,959,240.89. Following the completion of the transaction, the insider now directly owns 797 shares of the company’s stock, valued at approximately $1,698,909.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffrey D. Martchek sold 1,699 shares of the business’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $2,482.93, for a total value of $4,218,498.07. Following the transaction, the insider now directly owns 4,774 shares of the company’s stock, valued at $11,853,507.82. The disclosure for this sale can be found here. Insiders have sold a total of 26,163 shares of company stock valued at $57,909,385 over the last three months. 11.30% of the stock is currently owned by insiders.

Several research firms recently issued reports on NVR. Zacks Investment Research downgraded NVR from a “hold” rating to a “sell” rating in a report on Wednesday, September 26th. Bank of America downgraded NVR from a “buy” rating to a “neutral” rating and set a $2,850.00 price objective on the stock. in a report on Thursday, October 18th. ValuEngine upgraded NVR from a “strong sell” rating to a “sell” rating in a report on Tuesday, November 20th. Finally, Wells Fargo & Co reissued a “market perform” rating and set a $2,410.00 target price (down from $3,780.00) on shares of NVR in a research note on Friday, October 19th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. NVR has an average rating of “Hold” and a consensus price target of $3,104.33.

NVR opened at $2,437.95 on Thursday. NVR, Inc. has a 12 month low of $2,040.71 and a 12 month high of $3,700.00. The firm has a market cap of $8.81 billion, a P/E ratio of 17.22, a P/E/G ratio of 0.94 and a beta of 0.62. The company has a quick ratio of 1.53, a current ratio of 3.74 and a debt-to-equity ratio of 0.36.

NVR (NYSE:NVR) last released its earnings results on Thursday, October 18th. The construction company reported $48.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $50.94 by ($2.66). NVR had a return on equity of 47.30% and a net margin of 10.10%. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the firm earned $38.02 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. As a group, research analysts forecast that NVR, Inc. will post 185.25 EPS for the current fiscal year.

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NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through four segments: Mid Atlantic, North East, Mid East, and South East. It primarily constructs and sells single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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