Czech National Bank Boosts Holdings in NVR, Inc. (NYSE:NVR)

Czech National Bank raised its position in NVR, Inc. (NYSE:NVR) by 7.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 601 shares of the construction company’s stock after acquiring an additional 40 shares during the period. Czech National Bank’s holdings in NVR were worth $4,561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in shares of NVR by 38.2% in the 4th quarter. BNP Paribas Financial Markets now owns 3,381 shares of the construction company’s stock worth $23,669,000 after purchasing an additional 934 shares in the last quarter. TD Asset Management Inc grew its stake in shares of NVR by 22.7% during the fourth quarter. TD Asset Management Inc now owns 9,831 shares of the construction company’s stock worth $68,821,000 after acquiring an additional 1,819 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of NVR by 1.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after acquiring an additional 71 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of NVR by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 29,877 shares of the construction company’s stock valued at $209,150,000 after acquiring an additional 781 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of NVR by 89.6% in the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock valued at $21,489,000 after purchasing an additional 1,254 shares during the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVR

In related news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the completion of the sale, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the transaction, the director now directly owns 173 shares in the company, valued at $1,485,369.35. The disclosure for this sale can be found here. Insiders have sold a total of 448 shares of company stock worth $3,847,709 in the last ninety days. Insiders own 7.00% of the company’s stock.

NVR Stock Performance

NVR traded up $41.76 on Monday, reaching $8,548.00. The stock had a trading volume of 6,246 shares, compared to its average volume of 19,400. The business’s 50-day moving average price is $7,940.55 and its two-hundred day moving average price is $7,726.40. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The company has a market cap of $26.78 billion, a P/E ratio of 17.73, a price-to-earnings-growth ratio of 2.25 and a beta of 1.17. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,700.00.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a return on equity of 38.51% and a net margin of 16.83%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.48 billion. Sell-side analysts forecast that NVR, Inc. will post 499.77 earnings per share for the current year.

NVR announced that its board has initiated a stock repurchase program on Tuesday, May 7th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to buy up to 3.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

NVR has been the topic of several research analyst reports. UBS Group boosted their target price on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. StockNews.com raised shares of NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th.

About NVR

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.