New Amsterdam Partners LLC NY decreased its stake in NVR, Inc. (NYSE:NVR) by 3.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,871 shares of the construction company’s stock after selling 92 shares during the period. NVR accounts for approximately 1.5% of New Amsterdam Partners LLC NY’s portfolio, making the stock its 24th largest position. New Amsterdam Partners LLC NY’s holdings in NVR were worth $6,921,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of NVR by 15,836.0% in the first quarter. BlackRock Inc. now owns 349,318 shares of the construction company’s stock valued at $735,970,000 after buying an additional 347,126 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of NVR by 1.3% in the first quarter. Vanguard Group Inc. now owns 282,720 shares of the construction company’s stock valued at $595,656,000 after buying an additional 3,508 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of NVR by 4.0% in the first quarter. Wellington Management Group LLP now owns 133,317 shares of the construction company’s stock valued at $280,883,000 after buying an additional 5,142 shares in the last quarter. FMR LLC increased its stake in shares of NVR by 5.6% in the first quarter. FMR LLC now owns 122,451 shares of the construction company’s stock valued at $257,989,000 after buying an additional 6,482 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of NVR by 1.3% in the first quarter. Victory Capital Management Inc. now owns 95,288 shares of the construction company’s stock valued at $200,761,000 after buying an additional 1,200 shares in the last quarter. 77.85% of the stock is currently owned by institutional investors.

Shares of NVR, Inc. (NVR) opened at 2705.70 on Friday. The stock’s 50 day moving average is $2,561.19 and its 200 day moving average is $2,221.87. The stock has a market capitalization of $10.13 billion, a price-to-earnings ratio of 21.41 and a beta of 0.67. NVR, Inc. has a 1-year low of $1,478.04 and a 1-year high of $2,748.57.

NVR (NYSE:NVR) last announced its quarterly earnings results on Friday, July 21st. The construction company reported $35.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $28.63 by $6.56. NVR had a net margin of 8.67% and a return on equity of 37.43%. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the firm earned $22.01 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. On average, equities analysts forecast that NVR, Inc. will post $139.24 EPS for the current year.

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NVR has been the topic of several analyst reports. Zacks Investment Research downgraded NVR from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. ValuEngine raised NVR from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. Bank of America Corporation reaffirmed a “buy” rating and set a $2,690.00 price target (up from $2,485.00) on shares of NVR in a research report on Wednesday, June 28th. MKM Partners reaffirmed a “neutral” rating and set a $2,600.00 price target (up from $1,900.00) on shares of NVR in a research report on Tuesday, July 25th. Finally, Zelman & Associates downgraded NVR from a “buy” rating to a “hold” rating in a research report on Friday, May 26th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $2,672.00.

In other NVR news, Director Eddie Arthur Grier sold 325 shares of the company’s stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $2,283.55, for a total value of $742,153.75. Following the sale, the director now owns 500 shares of the company’s stock, valued at $1,141,775. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Daniel David Malzahn sold 1,500 shares of the company’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $2,678.35, for a total transaction of $4,017,525.00. Following the completion of the sale, the chief financial officer now directly owns 4,225 shares in the company, valued at approximately $11,316,028.75. The disclosure for this sale can be found here. Insiders sold 7,161 shares of company stock worth $17,949,273 in the last ninety days. Insiders own 11.30% of the company’s stock.

NVR Company Profile

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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