Hyperion Capital Advisors LP Buys New Shares in NVR, Inc. (NYSE:NVR)

Hyperion Capital Advisors LP purchased a new stake in shares of NVR, Inc. (NYSE:NVR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 30 shares of the construction company’s stock, valued at approximately $294,000.

Several other institutional investors have also recently made changes to their positions in NVR. Massmutual Trust Co. FSB ADV increased its holdings in NVR by 100.0% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock worth $39,000 after acquiring an additional 2 shares in the last quarter. Blue Trust Inc. purchased a new stake in NVR in the 3rd quarter worth approximately $39,000. Rakuten Securities Inc. purchased a new stake in NVR in the 3rd quarter worth approximately $39,000. Redwood Wealth Management Group LLC purchased a new stake in NVR in the 2nd quarter worth approximately $46,000. Finally, Private Trust Co. NA raised its holdings in NVR by 66.7% during the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after acquiring an additional 2 shares during the period. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

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

NVR Trading Down 0.3 %

Shares of NVR opened at $9,193.62 on Thursday. The stock has a market capitalization of $28.13 billion, a PE ratio of 18.79, a P/E/G ratio of 1.99 and a beta of 1.20. The company’s fifty day moving average is $9,415.14 and its 200 day moving average is $8,623.43. 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, Inc. has a fifty-two week low of $6,052.58 and a fifty-two week high of $9,964.77.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). NVR had a net margin of 16.51% and a return on equity of 38.20%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the previous year, the business posted $125.26 EPS. The firm’s revenue was up 6.6% on a year-over-year basis. Sell-side analysts expect that NVR, Inc. will post 494.48 earnings per share for the current fiscal year.

Insider Transactions at NVR

In other news, CAO Matthew B. Kelpy sold 400 shares of NVR stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $9,450.00, for a total transaction of $3,780,000.00. Following the completion of the sale, the chief accounting officer now owns 208 shares of the company’s stock, valued at approximately $1,965,600. The trade was a 65.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David A. Preiser sold 250 shares of the firm’s stock in a transaction on 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 $2,223,330.96. The trade was a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 775 shares of company stock worth $7,294,073. Insiders own 7.00% of the company’s stock.

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.