Moloney Securities Asset Management LLC Sells 20 Shares of NVR, Inc. $NVR

Moloney Securities Asset Management LLC lowered its position in NVR, Inc. (NYSE:NVR) by 12.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 143 shares of the construction company’s stock after selling 20 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in NVR were worth $1,056,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. AlTi Global Inc. bought a new position in NVR in the second quarter valued at $1,861,000. Paralel Advisors LLC increased its stake in NVR by 17.9% in the second quarter. Paralel Advisors LLC now owns 369 shares of the construction company’s stock valued at $2,725,000 after acquiring an additional 56 shares during the last quarter. Forum Financial Management LP bought a new position in NVR in the second quarter valued at $428,000. Ethic Inc. increased its stake in NVR by 13.1% in the second quarter. Ethic Inc. now owns 241 shares of the construction company’s stock valued at $1,778,000 after acquiring an additional 28 shares during the last quarter. Finally, Denali Advisors LLC increased its stake in NVR by 60.0% in the second quarter. Denali Advisors LLC now owns 120 shares of the construction company’s stock valued at $886,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. JPMorgan Chase & Co. increased their target price on NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Bank of America reduced their price objective on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. UBS Group lifted their price objective on NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, NVR presently has an average rating of “Hold” and a consensus target price of $8,366.67.

NVR Stock Down 3.2%

NYSE NVR opened at $7,434.50 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97. The stock has a market capitalization of $21.34 billion, a PE ratio of 16.32, a PEG ratio of 10.65 and a beta of 0.94. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,527.85. The business’s 50-day moving average is $8,022.85 and its 200 day moving average is $7,593.60.

NVR (NYSE:NVR) last issued its quarterly earnings data on Wednesday, October 22nd. The construction company reported $112.33 EPS for the quarter, topping the consensus estimate of $107.88 by $4.45. NVR had a net margin of 14.00% and a return on equity of 35.81%. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period last year, the business posted $130.50 earnings per share. NVR’s quarterly revenue was down 4.5% compared to the same quarter last year. Sell-side analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current year.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $8,100.00, for a total transaction of $4,860,000.00. Following the completion of the sale, the chief accounting officer owned 208 shares of the company’s stock, valued at $1,684,800. This trade represents a 74.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the sale, the director directly owned 386 shares of the company’s stock, valued at $3,030,208.08. This trade represents a 24.46% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 975 shares of company stock worth $7,869,360. Insiders own 7.00% of the company’s stock.

NVR Profile

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.