Curi RMB Capital LLC Acquires 5 Shares of NVR, Inc. (NYSE:NVR)

Curi RMB Capital LLC boosted its holdings in NVR, Inc. (NYSE:NVR) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 382 shares of the construction company’s stock after buying an additional 5 shares during the period. Curi RMB Capital LLC’s holdings in NVR were worth $3,748,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. US Bancorp DE raised its stake in NVR by 13.3% during the 1st quarter. US Bancorp DE now owns 204 shares of the construction company’s stock valued at $1,652,000 after purchasing an additional 24 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of NVR by 15.9% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,683 shares of the construction company’s stock valued at $29,832,000 after buying an additional 506 shares during the period. Councilmark Asset Management LLC bought a new stake in shares of NVR in the first quarter valued at about $1,417,000. Jupiter Asset Management Ltd. acquired a new stake in NVR during the first quarter worth about $923,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its stake in NVR by 1.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock valued at $44,791,000 after acquiring an additional 71 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NVR

In related news, Director David A. Preiser sold 250 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total transaction of $2,325,660.00. Following the transaction, the director now owns 239 shares in the company, valued at $2,223,330.96. This represents a 51.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew B. Kelpy sold 400 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $9,450.00, for a total transaction of $3,780,000.00. Following the completion of the sale, the chief accounting officer now owns 208 shares of the company’s stock, valued at $1,965,600. The trade was a 65.79 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 775 shares of company stock valued at $7,294,073. Corporate insiders own 7.00% of the company’s stock.

NVR Stock Performance

Shares of NYSE:NVR opened at $9,179.61 on Friday. The stock has a market capitalization of $28.09 billion, a price-to-earnings ratio of 18.77, a price-to-earnings-growth ratio of 1.95 and a beta of 1.20. The business’s fifty day moving average price is $9,445.21 and its two-hundred day moving average price is $8,527.18. NVR, Inc. has a fifty-two week low of $6,052.58 and a fifty-two week high of $9,964.77. 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 (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). The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the business earned $125.26 EPS. As a group, analysts predict that NVR, Inc. will post 494.87 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on NVR shares. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Bank of America decreased their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. UBS Group boosted their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, StockNews.com downgraded shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $8,783.33.

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.