Quantbot Technologies LP Acquires Shares of 6 NVR, Inc. (NYSE:NVR)

Quantbot Technologies LP acquired a new position in NVR, Inc. (NYSE:NVR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6 shares of the construction company’s stock, valued at approximately $59,000.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in NVR by 1,100,012.1% during the third quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock worth $3,562,046,000 after acquiring an additional 363,004 shares during the last quarter. Smead Capital Management Inc. increased its position in shares of NVR by 3.5% during the 3rd quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company’s stock valued at $355,365,000 after purchasing an additional 1,223 shares during the last quarter. Jennison Associates LLC purchased a new stake in NVR during the 3rd quarter valued at $348,545,000. Marshfield Associates lifted its position in NVR by 0.3% in the second quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock worth $248,290,000 after buying an additional 96 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in NVR by 3.2% during the second quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock worth $221,595,000 after buying an additional 906 shares during the period. 83.67% of the stock is currently owned by institutional investors.

NVR Price Performance

Shares of NVR stock opened at $8,946.33 on Friday. The company’s 50-day simple moving average is $9,337.83 and its two-hundred day simple moving average is $8,698.32. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. NVR, Inc. has a one year low of $6,330.74 and a one year high of $9,964.77. The company has a market capitalization of $27.38 billion, a P/E ratio of 18.29, a P/E/G ratio of 1.94 and a beta of 1.18.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $131.00 by ($0.50). The firm 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 revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $125.26 EPS. As a group, equities analysts anticipate that NVR, Inc. will post 494.48 EPS for the current year.

Wall Street Analysts Forecast Growth

NVR has been the subject of several analyst reports. StockNews.com lowered shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Bank of America dropped 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. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. Finally, UBS Group boosted 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. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8,783.33.

Insider Activity

In other news, Director David A. Preiser sold 250 shares of the company’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 value of $2,325,660.00. Following the completion of the sale, the director now owns 239 shares of the company’s stock, valued at approximately $2,223,330.96. This represents a 51.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Matthew B. Kelpy sold 125 shares of NVR stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $2,186,679. The trade was a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 775 shares of company stock worth $7,294,073. Company insiders own 7.00% of the company’s stock.

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.