Stock Mover of The Day: NVR Inc (NYSE:NVR) Institutional Investor Positioning

December 1, 2016 - By Pete Kolinski   ·   0 Comments

Stock Mover of The Day: NVR Inc (NYSE:NVR) Institutional Investor Positioning

Sentiment for NVR Inc (NYSE:NVR)

NVR Inc (NYSE:NVR) institutional sentiment decreased to 0.73 in Q2 2016. Its down -0.17, from 0.9 in 2016Q1. The ratio has worsened, as 122 institutional investors increased and opened new stock positions, while 135 cut down and sold their stakes in NVR Inc. The institutional investors in our partner’s database now hold: 3.08 million shares, down from 6.70 million shares in 2016Q1. Also, the number of institutional investors holding NVR Inc in their top 10 stock positions increased from 7 to 10 for an increase of 3. Sold All: 25 Reduced: 110 Increased: 87 New Position: 35.

NVR, Inc. is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The company has a market cap of $5.94 billion. The Firm also operates a mortgage banking and title services business. It has a 16.17 P/E ratio. The Company’s mortgage banking activities are operated primarily through a subsidiary, NVR Mortgage Finance, Inc. .

About 11,029 shares traded hands. NVR, Inc. (NYSE:NVR) has declined 4.22% since April 28, 2016 and is downtrending. It has underperformed by 10.15% the S&P500.

Analysts await NVR, Inc. (NYSE:NVR) to report earnings on January, 24. They expect $33.39 earnings per share, up 4.61% or $1.47 from last year’s $31.92 per share. NVR’s profit will be $125.10M for 11.87 P/E if the $33.39 EPS becomes a reality. After $28.46 actual earnings per share reported by NVR, Inc. for the previous quarter, Wall Street now forecasts 17.32% EPS growth.

According to Zacks Investment Research, “NVR Inc. is a holding company that operates in two business segments; the construction and marketing of homes and in financial services. NVR’s homebuilding operations construct and sell single-family detached homes, townhomes and condominium buildings in two distinct product lines through the two divisions known as Ryan Homes and NVHomes. NVR’s also provides financial services including a mortgage banking operation. NVR’s mortgage banking business generates revenues primarily from origination fees, servicing fees,gains on marketing of loans, title fees, and sales of servicing rights.”

Impala Asset Management Llc holds 16.02% of its portfolio in NVR, Inc. for 124,839 shares. Ramsey Asset Management owns 3,050 shares or 10.59% of their US portfolio. Moreover, Smead Capital Management Inc. has 7.37% invested in the company for 88,119 shares. The New York-based Incline Global Management Llc has invested 6.77% in the stock. Element Capital Management Llc, a New York-based fund reported 23,678 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 3 insider sales for $2.37 million net activity.

NVR, Inc. (NYSE:NVR) Ratings Coverage

Ratings analysis reveals 0 of NVR’s analysts are positive. Out of 4 Wall Street analysts rating NVR, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $1400 while the high is $1750. The stock’s average target of $1592.50 is 0.44% above today’s ($1585.46) share price. NVR was included in 7 notes of analysts from July 22, 2015. The rating was maintained by M Partners with “Neutral” on Wednesday, July 22. Credit Suisse downgraded the stock to “Underperform” rating in Tuesday, December 15 report. On Thursday, September 29 the stock rating was initiated by Wells Fargo with “Market Perform”.

NVR Company Profile

NVR, Inc., incorporated on March 4, 1993, is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Firm also operates a mortgage banking and title services business. The Firm conducts its homebuilding activities directly. The Company’s mortgage banking activities are operated primarily through a subsidiary, NVR Mortgage Finance, Inc. (NVRM). The Firm operates in multiple locations in approximately 14 states and Washington, D.C., primarily in the eastern part of the United States. The Company’s homebuilding business operates under four trade names, such as Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes. The Ryan Homes and Fox Ridge Homes products are marketed primarily to first-time and first-time move-up buyers. Ryan Homes operates in approximately 28 metropolitan areas located in Maryland, Virginia, Washington, D.C., West Virginia, Pennsylvania, New York, North Carolina, South Carolina, Florida, Ohio, New Jersey, Delaware, Indiana, Illinois and Tennessee. Fox Ridge Homes operates in the Nashville, Tennessee metropolitan area. The NVHomes and Heartland Homes products are marketed primarily to move-up and up-scale buyers. NVHomes operates in Delaware and the Washington, D.C., Baltimore, Maryland; Philadelphia, Pennsylvania, and Raleigh, North Carolina metropolitan areas. Heartland Homes operates in the Pittsburgh, Pennsylvania metropolitan area.

Another recent and important NVR, Inc. (NYSE:NVR) news was published by Prnewswire.com which published an article titled: “NVR, Inc. Announces Third Quarter Results” on October 20, 2016.

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By Pete Kolinski


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