Gulf International Bank UK Ltd Sells 10 Shares of NVR, Inc. (NYSE:NVR)

Gulf International Bank UK Ltd lowered its position in NVR, Inc. (NYSE:NVR) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257 shares of the construction company’s stock after selling 10 shares during the period. Gulf International Bank UK Ltd’s holdings in NVR were worth $2,521,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. First Trust Direct Indexing L.P. bought a new position in shares of NVR during the 1st quarter worth approximately $202,000. Nordea Investment Management AB boosted its position in NVR by 4.2% in the first quarter. Nordea Investment Management AB now owns 221 shares of the construction company’s stock worth $1,797,000 after purchasing an additional 9 shares during the last quarter. Texas Permanent School Fund Corp grew its stake in NVR by 0.6% in the 1st quarter. Texas Permanent School Fund Corp now owns 660 shares of the construction company’s stock valued at $5,346,000 after purchasing an additional 4 shares during the period. Duality Advisers LP grew its stake in NVR by 2.0% in the 1st quarter. Duality Advisers LP now owns 728 shares of the construction company’s stock valued at $5,897,000 after purchasing an additional 14 shares during the period. Finally, Empirical Finance LLC increased its position in shares of NVR by 1.1% during the 1st quarter. Empirical Finance LLC now owns 181 shares of the construction company’s stock valued at $1,466,000 after purchasing an additional 2 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction dated 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 sale, the chief accounting officer now directly owns 230 shares in the company, valued at $1,955,000. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, CAO Matthew B. Kelpy sold 125 shares of the business’s stock in a transaction 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 completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is owned by corporate insiders.

NVR Stock Down 2.7 %

NVR stock opened at $9,202.54 on Thursday. NVR, Inc. has a fifty-two week low of $5,818.01 and a fifty-two week high of $9,964.77. The stock has a fifty day moving average of $9,430.77 and a 200-day moving average of $8,467.23. The company has a market capitalization of $28.34 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 1.98 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The business had revenue of $2.68 billion for 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%. NVR’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $125.26 EPS. As a group, equities research analysts predict that NVR, Inc. will post 496.62 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on NVR. UBS Group increased their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Bank of America reduced their target price on shares of 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.

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.