Generali Asset Management SPA SGR Grows Stock Holdings in NVR, Inc. $NVR

Generali Asset Management SPA SGR grew its position in NVR, Inc. (NYSE:NVR) by 17.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 597 shares of the construction company’s stock after buying an additional 87 shares during the period. Generali Asset Management SPA SGR’s holdings in NVR were worth $4,797,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVR. Boston Partners lifted its position in NVR by 9.9% during the second quarter. Boston Partners now owns 64,952 shares of the construction company’s stock valued at $479,900,000 after acquiring an additional 5,875 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of NVR by 217,591.3% during the first quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock worth $3,758,000 after purchasing an additional 50,046 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of NVR by 9,358.6% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company’s stock valued at $356,277,000 after purchasing an additional 47,729 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of NVR by 7.5% during the 2nd quarter. Invesco Ltd. now owns 37,668 shares of the construction company’s stock valued at $278,203,000 after purchasing an additional 2,629 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of NVR in the 2nd quarter worth $268,447,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

In other NVR news, Director Michael J. Devito acquired 14 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were acquired at an average cost of $7,068.05 per share, with a total value of $98,952.70. Following the acquisition, the director directly owned 14 shares of the company’s stock, valued at approximately $98,952.70. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 7.00% of the stock is owned by company insiders.

NVR Stock Down 0.3%

Shares of NVR stock opened at $7,271.93 on Friday. NVR, Inc. has a fifty-two week low of $6,562.85 and a fifty-two week high of $8,618.28. The firm has a market capitalization of $20.65 billion, a PE ratio of 15.96, a P/E/G ratio of 9.90 and a beta of 1.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.16 and a current ratio of 5.96. The stock’s 50-day simple moving average is $7,368.67 and its 200-day simple moving average is $7,672.15.

NVR (NYSE:NVR) last released its earnings results on Wednesday, October 22nd. The construction company reported $112.33 EPS for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a return on equity of 35.89% and a net margin of 14.00%.The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the previous year, the company posted $130.50 earnings per share. The company’s revenue was down 4.5% compared to the same quarter last year. Equities analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on NVR shares. BTIG Research started coverage on NVR in a research report on Monday, December 1st. They set a “buy” rating and a $9,022.00 target price on the stock. Bank of America dropped their price target on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. UBS Group increased their price objective on shares of NVR from $8,150.00 to $8,500.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $8,530.50.

About NVR

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.