NVR, Inc. $NVR Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of NVR, Inc. (NYSE:NVR) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,554 shares of the construction company’s stock after selling 329 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.12% of NVR worth $28,555,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its position in shares of NVR by 68.9% in the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock valued at $622,000 after buying an additional 31 shares during the last quarter. Woodline Partners LP grew its stake in NVR by 28.4% in the 1st quarter. Woodline Partners LP now owns 253 shares of the construction company’s stock worth $1,833,000 after acquiring an additional 56 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in NVR by 3.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 343 shares of the construction company’s stock valued at $2,612,000 after acquiring an additional 11 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of NVR by 66.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 10 shares of the construction company’s stock worth $74,000 after purchasing an additional 4 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of NVR during the second quarter worth $30,000. 83.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVR has been the subject of several analyst reports. UBS Group dropped their target price on NVR from $8,500.00 to $8,150.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. Wall Street Zen lowered shares of NVR from a “hold” rating to a “sell” rating in a report on Saturday, January 17th. BTIG Research initiated coverage on shares of NVR in a report on Monday, December 1st. They issued a “buy” rating and a $9,022.00 target price for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a research report on Thursday. Finally, Bank of America decreased their price target on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, NVR presently has a consensus rating of “Moderate Buy” and an average price target of $8,443.00.

NVR Stock Performance

NYSE:NVR opened at $7,658.17 on Monday. The firm has a 50-day moving average of $7,448.47 and a two-hundred day moving average of $7,691.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.96 and a quick ratio of 3.16. The stock has a market cap of $21.75 billion, a P/E ratio of 16.81, a PEG ratio of 10.55 and a beta of 1.01. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $8,618.28.

Insider Activity

In related news, Director Michael J. Devito purchased 14 shares of NVR stock in a transaction dated Monday, November 3rd. The shares were acquired at an average price of $7,068.05 per share, with a total value of $98,952.70. Following the completion of the transaction, the director owned 14 shares of the company’s stock, valued at approximately $98,952.70. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 7.80% of the company’s stock.

NVR Company Profile

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.