US Bancorp DE raised its stake in NVR, Inc. (NYSE:NVR) by 88.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 47 shares of the construction company’s stock after buying an additional 22 shares during the period. US Bancorp DE’s holdings in NVR were worth $113,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position 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 during the last quarter. Renaissance Technologies LLC boosted its position in shares of NVR by 281.3% in the first quarter. Renaissance Technologies LLC now owns 29,930 shares of the construction company’s stock valued at $63,059,000 after buying an additional 22,080 shares during the last quarter. Epoch Investment Partners Inc. boosted its position in shares of NVR by 80.7% in the first quarter. Epoch Investment Partners Inc. now owns 39,387 shares of the construction company’s stock valued at $82,984,000 after buying an additional 17,585 shares during the last quarter. Morgan Stanley boosted its position in shares of NVR by 144.8% in the first quarter. Morgan Stanley now owns 29,149 shares of the construction company’s stock valued at $61,414,000 after buying an additional 17,243 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in shares of NVR by 77.3% in the first quarter. Prudential Financial Inc. now owns 34,860 shares of the construction company’s stock valued at $73,446,000 after buying an additional 15,197 shares during the last quarter. Institutional investors and hedge funds own 79.76% of the company’s stock.

Shares of NVR, Inc. (NYSE NVR) traded up 0.89% during mid-day trading on Wednesday, reaching $2669.00. 10,132 shares of the company’s stock were exchanged. NVR, Inc. has a 52-week low of $1,478.04 and a 52-week high of $2,775.52. The company’s 50-day moving average price is $2,639.27 and its 200 day moving average price is $2,283.17. The company has a market cap of $9.99 billion, a PE ratio of 21.11 and a beta of 0.67.

NVR (NYSE:NVR) last released its quarterly earnings data on Friday, July 21st. The construction company reported $35.19 EPS for the quarter, topping the consensus estimate of $28.63 by $6.56. NVR had a return on equity of 37.43% and a net margin of 8.67%. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the company earned $22.01 EPS. NVR’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities research analysts predict that NVR, Inc. will post $139.24 EPS for the current year.

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Several research analysts recently commented on NVR shares. Bank of America Corporation restated a “buy” rating and set a $2,690.00 target price (up previously from $2,485.00) on shares of NVR in a report on Wednesday, June 28th. Zacks Investment Research cut shares of NVR from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. ValuEngine upgraded shares of NVR from a “hold” rating to a “buy” rating in a report on Tuesday, June 6th. Zelman & Associates cut shares of NVR from a “buy” rating to a “hold” rating in a report on Friday, May 26th. Finally, MKM Partners restated a “neutral” rating and set a $2,600.00 target price (up previously from $1,900.00) on shares of NVR in a report on Tuesday, July 25th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. NVR presently has a consensus rating of “Hold” and a consensus price target of $2,672.00.

In related news, CFO Daniel David Malzahn sold 1,500 shares of NVR stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $2,678.35, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey D. Martchek sold 1,000 shares of NVR stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $2,669.90, for a total value of $2,669,900.00. Following the completion of the sale, the insider now owns 5,323 shares of the company’s stock, valued at $14,211,877.70. The disclosure for this sale can be found here. Insiders sold a total of 4,075 shares of company stock valued at $10,912,785 over the last quarter. 11.30% of the stock is owned by corporate insiders.

About NVR

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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