Blue Trust Inc. Buys 3 Shares of NVR, Inc. $NVR

Blue Trust Inc. grew its holdings in NVR, Inc. (NYSE:NVR) by 150.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5 shares of the construction company’s stock after purchasing an additional 3 shares during the quarter. Blue Trust Inc.’s holdings in NVR were worth $37,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its position in shares of NVR by 68.9% in the 4th quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock worth $622,000 after buying an additional 31 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of NVR by 15.8% in the 1st quarter. GAMMA Investing LLC now owns 22 shares of the construction company’s stock valued at $159,000 after acquiring an additional 3 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of NVR by 19.4% in the 1st quarter. Exchange Traded Concepts LLC now owns 43 shares of the construction company’s stock valued at $312,000 after acquiring an additional 7 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of NVR by 2.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,078 shares of the construction company’s stock valued at $7,809,000 after acquiring an additional 26 shares during the last quarter. Finally, Canton Hathaway LLC acquired a new position in shares of NVR in the 1st quarter valued at $906,000. Institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

In related news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total value of $981,285.00. Following the completion of the sale, the director owned 386 shares in the company, valued at $3,030,208.08. This represents a 24.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alexandra A. Jung sold 200 shares of the business’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total transaction of $1,616,488.00. Following the completion of the transaction, the director directly owned 75 shares in the company, valued at $606,183. This represents a 72.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 975 shares of company stock valued at $7,869,360 in the last ninety days. Insiders own 7.00% of the company’s stock.

NVR Price Performance

Shares of NVR opened at $7,650.93 on Friday. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77. The stock has a market cap of $21.96 billion, a PE ratio of 16.15, a P/E/G ratio of 10.62 and a beta of 0.94. The firm has a 50-day simple moving average of $8,066.86 and a two-hundred day simple moving average of $7,576.61. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97.

NVR (NYSE:NVR) last posted its quarterly earnings data on Wednesday, July 23rd. The construction company reported $108.54 EPS for the quarter, beating the consensus estimate of $104.89 by $3.65. NVR had a net margin of 14.68% and a return on equity of 37.35%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $120.69 earnings per share. The business’s revenue for the quarter was down .5% compared to the same quarter last year. As a group, analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

Analyst Ratings Changes

NVR has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research report on Wednesday, October 8th. Bank of America reduced their price objective on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating for the company in a research report on Friday, October 10th. UBS Group upped their price objective on shares of NVR from $7,900.00 to $8,150.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Finally, JPMorgan Chase & Co. upped their price objective on shares of NVR from $7,200.00 to $7,600.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. One equities 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 has a consensus rating of “Hold” and an average target price of $8,250.00.

NVR Company 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.