Schneider Downs Wealth Management Advisors LP Makes New $324,000 Investment in NVR, Inc. (NYSE:NVR)

Schneider Downs Wealth Management Advisors LP acquired a new stake in NVR, Inc. (NYSE:NVR) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 33 shares of the construction company’s stock, valued at approximately $324,000.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of NVR by 1,100,012.1% during the 3rd quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock worth $3,562,046,000 after buying an additional 363,004 shares in the last quarter. Marshfield Associates grew its position in NVR by 0.3% in the 2nd quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock valued at $248,290,000 after purchasing an additional 96 shares during the period. Dimensional Fund Advisors LP increased its stake in NVR by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after purchasing an additional 906 shares in the last quarter. TD Asset Management Inc lifted its stake in shares of NVR by 143.8% in the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after buying an additional 14,167 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its holdings in shares of NVR by 56.0% during the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock valued at $172,109,000 after buying an additional 8,140 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NYSE:NVR opened at $9,026.00 on Friday. The firm has a market capitalization of $27.62 billion, a PE ratio of 18.45, a P/E/G ratio of 1.94 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 company has a 50-day moving average price of $9,444.50 and a two-hundred day moving average price of $8,545.24. NVR, Inc. has a twelve month low of $6,052.58 and a twelve month high of $9,964.77.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing the consensus estimate of $131.00 by ($0.50). The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business posted $125.26 earnings per share. Equities analysts forecast that NVR, Inc. will post 494.48 EPS for the current year.

Insider Activity at NVR

In other news, CAO Matthew B. Kelpy sold 400 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the sale, the chief accounting officer now directly owns 208 shares of the company’s stock, valued at approximately $1,965,600. This represents a 65.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David A. Preiser sold 250 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total transaction of $2,325,660.00. Following the completion of the transaction, the director now owns 239 shares of the company’s stock, valued at $2,223,330.96. This trade represents a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 775 shares of company stock worth $7,294,073. 7.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on NVR shares. UBS Group raised their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. Bank of America dropped their price target on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8,783.33.

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.