Liontrust Investment Partners LLP Sells 1,107 Shares of NVR, Inc. $NVR

Liontrust Investment Partners LLP lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 8.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,936 shares of the construction company’s stock after selling 1,107 shares during the period. Liontrust Investment Partners LLP’s holdings in NVR were worth $78,656,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NVR. Capital Research Global Investors lifted its holdings in NVR by 0.4% in the 4th quarter. Capital Research Global Investors now owns 133,554 shares of the construction company’s stock worth $973,979,000 after buying an additional 551 shares during the period. M&T Bank Corp grew its position in shares of NVR by 34,923.5% in the 4th quarter. M&T Bank Corp now owns 56,738 shares of the construction company’s stock worth $413,777,000 after buying an additional 56,576 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of NVR by 407.5% during the fourth quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock valued at $332,346,000 after buying an additional 36,592 shares during the period. Norges Bank purchased a new position in shares of NVR during the fourth quarter valued at approximately $311,496,000. Finally, Capital World Investors raised its holdings in shares of NVR by 0.3% during the fourth quarter. Capital World Investors now owns 40,703 shares of the construction company’s stock valued at $296,838,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Trading Down 1.3%

NYSE NVR opened at $6,297.42 on Friday. The firm has a market capitalization of $17.00 billion, a PE ratio of 16.33, a P/E/G ratio of 10.53 and a beta of 0.90. The stock’s 50 day moving average is $6,409.09 and its 200 day moving average is $6,756.22. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27.

NVR (NYSE:NVR) last posted its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $108.54 earnings per share. Research analysts forecast that NVR, Inc. will post 371.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NVR. Zelman & Associates upgraded shares of NVR from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. BTIG Research set a $7,446.00 target price on shares of NVR in a research report on Friday, July 24th. Weiss Ratings lowered shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Bank of America reduced their price target on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, NVR presently has a consensus rating of “Hold” and a consensus price target of $7,224.20.

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.