Winmill & CO. Inc. Cuts Stake in NVR, Inc. $NVR

Winmill & CO. Inc. decreased its position in NVR, Inc. (NYSE:NVR) by 11.3% during the 4th quarter, Holdings Channel reports. The fund owned 1,062 shares of the construction company’s stock after selling 135 shares during the quarter. NVR comprises about 2.1% of Winmill & CO. Inc.’s holdings, making the stock its 18th biggest position. Winmill & CO. Inc.’s holdings in NVR were worth $7,745,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of NVR in the 4th quarter valued at approximately $11,610,000. Alberta Investment Management Corp purchased a new stake in shares of NVR during the 3rd quarter worth $4,017,000. American Century Companies Inc. boosted its position in shares of NVR by 17.0% during the 3rd quarter. American Century Companies Inc. now owns 6,370 shares of the construction company’s stock worth $51,181,000 after purchasing an additional 925 shares in the last quarter. Marshfield Associates grew its stake in shares of NVR by 4.7% during the 3rd quarter. Marshfield Associates now owns 25,042 shares of the construction company’s stock worth $201,204,000 after purchasing an additional 1,130 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of NVR by 669.5% during the 4th quarter. SG Americas Securities LLC now owns 4,232 shares of the construction company’s stock worth $30,863,000 after purchasing an additional 3,682 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NVR shares. Weiss Ratings cut 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. Truist Financial dropped their target price on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. UBS Group reduced their price target on shares of NVR from $8,100.00 to $7,700.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Finally, Bank of America decreased their price target on NVR from $8,600.00 to $8,225.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $7,649.33.

NVR Trading Up 0.2%

NYSE:NVR opened at $6,387.51 on Monday. The company has a market capitalization of $17.25 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 4.69 and a beta of 0.93. The company has a quick ratio of 2.67, a current ratio of 5.19 and a debt-to-equity ratio of 0.26. NVR, Inc. has a 52-week low of $5,501.01 and a 52-week high of $8,618.28. The stock has a fifty day simple moving average of $6,312.62 and a 200-day simple moving average of $6,977.95.

NVR (NYSE:NVR) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $67.76 EPS for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). NVR had a net margin of 12.93% and a return on equity of 32.66%. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the company posted $94.83 earnings per share. NVR’s revenue was down 21.7% on a year-over-year basis. On average, equities research analysts expect that NVR, Inc. will post 375.15 earnings per share for the current fiscal year.

Insider Activity

In other NVR news, Director Michael J. Devito purchased 11 shares of NVR stock in a transaction on Friday, April 24th. The shares were bought at an average price of $6,699.50 per share, with a total value of $73,694.50. Following the completion of the acquisition, the director directly owned 25 shares of the company’s stock, valued at approximately $167,487.50. This trade represents a 78.57% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.60% of the stock is owned by company insiders.

NVR 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.