NVR, Inc. (NYSE:NVR) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP raised its stake in NVR, Inc. (NYSE:NVR) by 35.5% during the third quarter, Holdings Channel reports. The firm owned 382 shares of the construction company’s stock after purchasing an additional 100 shares during the period. Entropy Technologies LP’s holdings in NVR were worth $3,748,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in NVR. Blue Trust Inc. acquired a new stake in NVR during the third quarter worth about $39,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in 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 buying an additional 71 shares during the period. Assenagon Asset Management S.A. grew its stake in NVR by 3,377.8% during the second quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock worth $19,002,000 after buying an additional 2,432 shares during the period. Sei Investments Co. increased its position in shares of NVR by 89.6% in the first quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after acquiring an additional 1,254 shares in the last quarter. Finally, Swedbank AB purchased a new position in shares of NVR in the 1st quarter valued at $931,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the company. StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. UBS Group upped their price target on NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Finally, Bank of America lowered their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd.

NVR Price Performance

NVR stock opened at $9,249.26 on Tuesday. The company has a market capitalization of $28.30 billion, a PE ratio of 18.91, a P/E/G ratio of 1.99 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average is $9,442.19 and its two-hundred day moving average is $8,508.18. NVR, Inc. has a 52-week low of $5,950.21 and a 52-week high of $9,964.77.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a net margin of 16.51% and a return on equity of 38.20%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same period in the prior year, the company earned $125.26 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. Analysts predict that NVR, Inc. will post 496.62 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the sale, the chief accounting officer now owns 230 shares in the company, valued at $2,186,679. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $2,186,679. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 400 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the transaction, the chief accounting officer now owns 208 shares of the company’s stock, valued at approximately $1,965,600. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 7.00% of the company’s stock.

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.