Capstone Investment Advisors LLC Has $716,000 Holdings in NVR, Inc. (NYSE:NVR)

Capstone Investment Advisors LLC boosted its holdings in NVR, Inc. (NYSE:NVR) by 21.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 73 shares of the construction company’s stock after acquiring an additional 13 shares during the quarter. Capstone Investment Advisors LLC’s holdings in NVR were worth $716,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Walleye Capital LLC boosted its position in shares of NVR by 569.4% during the third quarter. Walleye Capital LLC now owns 743 shares of the construction company’s stock valued at $7,290,000 after buying an additional 632 shares during the last quarter. Martingale Asset Management L P bought a new position in NVR during the 3rd quarter valued at $1,825,000. Vinva Investment Management Ltd boosted its holdings in NVR by 74.7% during the 3rd quarter. Vinva Investment Management Ltd now owns 428 shares of the construction company’s stock worth $4,166,000 after acquiring an additional 183 shares during the last quarter. Hyperion Capital Advisors LP purchased a new stake in NVR during the third quarter valued at about $294,000. Finally, Public Sector Pension Investment Board increased its stake in shares of NVR by 18.2% in the third quarter. Public Sector Pension Investment Board now owns 130 shares of the construction company’s stock worth $1,276,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Transactions at NVR

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

NVR Stock Performance

NYSE:NVR opened at $9,193.62 on Friday. The stock has a market cap of $28.13 billion, a P/E ratio of 18.79, a PEG ratio of 1.97 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $9,409.77 and its two-hundred day moving average price is $8,627.41. NVR, Inc. has a twelve month low of $6,052.58 and a twelve month high of $9,964.77.

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 the consensus estimate of $131.00 by ($0.50). NVR had a net margin of 16.51% and a return on equity of 38.20%. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter in the previous year, the firm earned $125.26 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities analysts predict that NVR, Inc. will post 494.48 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.