NVR, Inc. (NYSE:NVR) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in NVR, Inc. (NYSE:NVR) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 302 shares of the construction company’s stock after selling 7 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in NVR were worth $2,967,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Massmutual Trust Co. FSB ADV lifted its stake in shares of NVR by 100.0% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock valued at $39,000 after purchasing an additional 2 shares during the last quarter. Blue Trust Inc. acquired a new position in shares of NVR in the 3rd quarter valued at $39,000. Redwood Wealth Management Group LLC acquired a new position in shares of NVR in the 2nd quarter valued at $46,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of NVR in the 2nd quarter valued at $53,000. Finally, UMB Bank n.a. raised its holdings in shares of NVR by 57.1% in the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after buying an additional 4 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on NVR. UBS Group increased their price objective on NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Bank of America decreased their target price on NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd.

Insiders Place Their Bets

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 125 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $2,186,679. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,955,000. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.

NVR Stock Down 0.1 %

Shares of NYSE NVR opened at $9,139.39 on Friday. The stock has a market cap of $28.13 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 1.94 and a beta of 1.19. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 52-week low of $5,600.56 and a 52-week high of $9,964.77. The business has a 50-day moving average price of $9,420.22 and a 200 day moving average price of $8,432.82.

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

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.