NVR, Inc. (NYSE:NVR) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its position in NVR, Inc. (NYSE:NVR) by 45.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 500 shares of the construction company’s stock after selling 422 shares during the period. Nisa Investment Advisors LLC’s holdings in NVR were worth $1,904,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Treasurer of the State of North Carolina lifted its position in NVR by 11.2% in the second quarter. Treasurer of the State of North Carolina now owns 1,595 shares of the construction company’s stock worth $5,376,000 after purchasing an additional 161 shares during the period. Chevy Chase Trust Holdings Inc. bought a new position in shares of NVR in the third quarter valued at $10,777,000. Point72 Asset Management L.P. increased its holdings in shares of NVR by 550.0% in the third quarter. Point72 Asset Management L.P. now owns 130 shares of the construction company’s stock valued at $483,000 after buying an additional 110 shares in the last quarter. Montag A & Associates Inc. increased its holdings in shares of NVR by 19.6% in the third quarter. Montag A & Associates Inc. now owns 171 shares of the construction company’s stock valued at $636,000 after buying an additional 28 shares in the last quarter. Finally, Usca Ria LLC bought a new position in shares of NVR in the third quarter valued at $26,000. Hedge funds and other institutional investors own 83.12% of the company’s stock.

NYSE NVR opened at $3,932.00 on Friday. The stock has a market capitalization of $14.46 billion, a P/E ratio of 18.25, a P/E/G ratio of 1.64 and a beta of 0.58. NVR, Inc. has a 1 year low of $2,470.00 and a 1 year high of $4,050.00. The business’s fifty day moving average is $3,815.73 and its two-hundred day moving average is $3,645.69. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.41 and a current ratio of 4.73.

In other NVR news, CFO Daniel David Malzahn sold 1,443 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $3,807.24, for a total transaction of $5,493,847.32. Following the sale, the chief financial officer now directly owns 4,014 shares of the company’s stock, valued at approximately $15,282,261.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dwight C. Schar sold 1,922 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $3,481.03, for a total transaction of $6,690,539.66. Following the sale, the director now directly owns 53,315 shares in the company, valued at $185,591,114.45. The disclosure for this sale can be found here. Insiders sold 20,760 shares of company stock worth $74,553,162 in the last ninety days. 11.10% of the stock is owned by corporate insiders.

Several research firms have issued reports on NVR. JPMorgan Chase & Co. raised NVR from an “underweight” rating to a “neutral” rating in a report on Monday, December 9th. Bank of America raised NVR from a “neutral” rating to a “buy” rating and set a $4,150.00 price target on the stock in a report on Wednesday, November 6th. They noted that the move was a valuation call. ValuEngine raised NVR from a “strong sell” rating to a “sell” rating in a report on Monday, November 11th. Finally, Wells Fargo & Co upped their price target on NVR from $3,725.00 to $4,000.00 and gave the company a “market perform” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $3,799.83.

NVR Profile

NVR, Inc operates as a homebuilder in the United States. It primarily constructs and sells 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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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