International Assets Investment Management LLC Has $377,000 Holdings in NVR, Inc. $NVR

International Assets Investment Management LLC lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51 shares of the construction company’s stock after selling 5 shares during the period. International Assets Investment Management LLC’s holdings in NVR were worth $377,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new position in shares of NVR during the second quarter worth $30,000. Olde Wealth Management LLC acquired a new position in NVR in the first quarter valued at $36,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in NVR in the first quarter valued at $36,000. Ridgewood Investments LLC lifted its holdings in NVR by 150.0% in the first quarter. Ridgewood Investments LLC now owns 5 shares of the construction company’s stock valued at $36,000 after buying an additional 3 shares during the period. Finally, SouthState Corp acquired a new position in NVR in the first quarter valued at $36,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, Director Alexandra A. Jung sold 200 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the completion of the sale, the director directly owned 75 shares of the company’s stock, valued at approximately $606,183. This represents a 72.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 600 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was 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 directly owned 208 shares of the company’s stock, valued at $1,684,800. The trade was a 74.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 975 shares of company stock valued at $7,869,360. Corporate insiders own 7.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on NVR shares. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. UBS Group upped their price objective on shares of NVR from $7,900.00 to $8,150.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a report on Wednesday, October 8th. Bank of America dropped their price objective on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Finally, JPMorgan Chase & Co. boosted their target price 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 research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $8,250.00.

NVR Trading Down 1.2%

Shares of NVR stock opened at $7,701.78 on Thursday. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,573.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.97 and a current ratio of 5.79. The company has a 50-day simple moving average of $8,049.14 and a two-hundred day simple moving average of $7,584.15. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 10.83 and a beta of 0.94.

NVR (NYSE:NVR) last issued its quarterly earnings data on Wednesday, October 22nd. The construction company reported $112.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a net margin of 14.68% and a return on equity of 37.35%. The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the prior year, the firm posted $130.50 EPS. The firm’s quarterly revenue was down 4.5% compared to the same quarter last year. Research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

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.