Scout Investments Inc. cut its stake in shares of NVR, Inc. (NYSE:NVR) by 15.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,536 shares of the construction company’s stock after selling 477 shares during the period. Scout Investments Inc. owned about 0.07% of NVR worth $6,113,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of NVR by 15,836.0% in the first quarter. BlackRock Inc. now owns 349,318 shares of the construction company’s stock valued at $735,970,000 after buying an additional 347,126 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of NVR by 281.3% in the first quarter. Renaissance Technologies LLC now owns 29,930 shares of the construction company’s stock valued at $63,059,000 after buying an additional 22,080 shares during the last quarter. Epoch Investment Partners Inc. boosted its stake in shares of NVR by 80.7% in the first quarter. Epoch Investment Partners Inc. now owns 39,387 shares of the construction company’s stock valued at $82,984,000 after buying an additional 17,585 shares during the last quarter. Morgan Stanley boosted its stake in shares of NVR by 144.8% in the first quarter. Morgan Stanley now owns 29,149 shares of the construction company’s stock valued at $61,414,000 after buying an additional 17,243 shares during the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of NVR by 77.3% in the first quarter. Prudential Financial Inc. now owns 34,860 shares of the construction company’s stock valued at $73,446,000 after buying an additional 15,197 shares during the last quarter. 79.76% of the stock is owned by institutional investors and hedge funds.

Shares of NVR, Inc. (NYSE:NVR) opened at 2708.21 on Friday. NVR, Inc. has a 12-month low of $1,478.04 and a 12-month high of $2,775.52. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 21.42 and a beta of 0.66. The company has a 50-day moving average price of $2,661.86 and a 200 day moving average price of $2,311.35.

NVR (NYSE:NVR) last posted its quarterly earnings results on Friday, July 21st. The construction company reported $35.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $28.63 by $6.56. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.57 billion. NVR had a return on equity of 37.43% and a net margin of 8.67%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $22.01 earnings per share. Equities research analysts expect that NVR, Inc. will post $139.24 earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on NVR shares. Bank of America Corporation restated a “buy” rating and issued a $2,690.00 target price (up from $2,485.00) on shares of NVR in a report on Wednesday, June 28th. Zacks Investment Research lowered NVR from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. ValuEngine upgraded NVR from a “hold” rating to a “buy” rating in a report on Tuesday, June 6th. Zelman & Associates lowered NVR from a “buy” rating to a “hold” rating in a report on Friday, May 26th. Finally, MKM Partners restated a “neutral” rating and issued a $2,600.00 target price (up from $1,900.00) on shares of NVR in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $2,672.00.

In other news, insider Jeffrey D. Martchek sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $2,669.90, for a total value of $2,669,900.00. Following the completion of the sale, the insider now directly owns 5,323 shares of the company’s stock, valued at $14,211,877.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Eddie Arthur Grier sold 165 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $2,682.26, for a total value of $442,572.90. Following the completion of the sale, the director now directly owns 340 shares of the company’s stock, valued at $911,968.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,240 shares of company stock valued at $11,355,358. Corporate insiders own 11.30% of the company’s stock.

NVR Company 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).

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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