Cornerstone Capital Management Holdings LLC. lowered its holdings in NVR, Inc. (NYSE:NVR) by 24.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,556 shares of the construction company’s stock after selling 2,411 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned 0.20% of NVR worth $21,570,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NVR. Broad Run Investment Management LLC acquired a new stake in NVR during the second quarter valued at $91,459,000. BlackRock Inc. grew its position in NVR by 8.7% during the second quarter. BlackRock Inc. now owns 379,835 shares of the construction company’s stock valued at $915,632,000 after buying an additional 30,517 shares during the period. FMR LLC grew its position in NVR by 23.3% during the second quarter. FMR LLC now owns 150,964 shares of the construction company’s stock valued at $363,915,000 after buying an additional 28,513 shares during the period. Vanguard Group Inc. grew its position in NVR by 9.5% during the second quarter. Vanguard Group Inc. now owns 309,547 shares of the construction company’s stock valued at $746,196,000 after buying an additional 26,827 shares during the period. Finally, State Street Corp grew its position in NVR by 17.7% during the second quarter. State Street Corp now owns 139,294 shares of the construction company’s stock valued at $335,772,000 after buying an additional 20,928 shares during the period. Hedge funds and other institutional investors own 78.48% of the company’s stock.

NVR, Inc. (NYSE:NVR) traded up $4.75 during mid-day trading on Friday, reaching $3,392.68. 41,567 shares of the company traded hands, compared to its average volume of 30,430. The firm has a market capitalization of $12,688.28, a price-to-earnings ratio of 24.92, a PEG ratio of 1.35 and a beta of 0.75. The company has a current ratio of 3.60, a quick ratio of 1.44 and a debt-to-equity ratio of 0.36. NVR, Inc. has a 52 week low of $1,604.00 and a 52 week high of $3,509.88.

NVR (NYSE:NVR) last released its quarterly earnings results on Thursday, October 19th. The construction company reported $38.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $35.77 by $2.25. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.71 billion. NVR had a net margin of 9.22% and a return on equity of 38.23%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business earned $28.46 earnings per share. research analysts predict that NVR, Inc. will post 147.66 EPS for the current year.

NVR has been the topic of several analyst reports. ValuEngine upgraded shares of NVR from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. MKM Partners restated a “neutral” rating on shares of NVR in a research report on Tuesday, September 5th. Zacks Investment Research lowered shares of NVR from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Wells Fargo & Company restated a “market perform” rating on shares of NVR in a research report on Friday, October 20th. Finally, Zelman & Associates upgraded shares of NVR from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $3,111.75.

In other NVR news, Director Timothy M. Donahue sold 326 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $3,266.87, for a total transaction of $1,064,999.62. Following the transaction, the director now directly owns 844 shares of the company’s stock, valued at $2,757,238.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director William A. Moran sold 4,949 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $3,261.99, for a total transaction of $16,143,588.51. Following the transaction, the director now directly owns 26,085 shares in the company, valued at $85,089,009.15. The disclosure for this sale can be found here. Company insiders own 11.30% of the company’s stock.

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NVR Profile

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).

Institutional Ownership by Quarter for NVR (NYSE:NVR)

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