Nvr 62944 (NVR) Holder Wafra Investment Advisory Group Has Lowered Holding as Shares Rose; Janney Montgomery Scott Trimmed Its Gentex (GNTX) Position by $471,580; Shares Declined

February 20, 2018 - By Michael Collier

Janney Montgomery Scott Llc decreased its stake in Gentex Corp (GNTX) by 54.75% based on its latest 2017Q3 regulatory filing with the SEC. Janney Montgomery Scott Llc sold 24,820 shares as the company’s stock declined 8.68% while stock markets rallied. The institutional investor held 20,517 shares of the o.e.m. company at the end of 2017Q3, valued at $406,000, down from 45,337 at the end of the previous reported quarter. Janney Montgomery Scott Llc who had been investing in Gentex Corp for a number of months, seems to be less bullish one the $6.48 billion market cap company. The stock decreased 0.48% or $0.11 during the last trading session, reaching $22.83. About 1.37 million shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 19.63% since February 20, 2017 and is uptrending. It has outperformed by 2.93% the S&P500.

Wafra Investment Advisory Group Inc decreased its stake in Nvr Inc. 62944 (NVR) by 20.24% based on its latest 2017Q3 regulatory filing with the SEC. Wafra Investment Advisory Group Inc sold 170 shares as the company’s stock rose 22.66% with the market. The institutional investor held 670 shares of the capital goods company at the end of 2017Q3, valued at $1.91 million, down from 840 at the end of the previous reported quarter. Wafra Investment Advisory Group Inc who had been investing in Nvr Inc. 62944 for a number of months, seems to be less bullish one the $11.82B market cap company. The stock increased 4.26% or $131.23 during the last trading session, reaching $3208.23. About 49,890 shares traded or 43.05% up from the average. NVR, Inc. (NYSE:NVR) has risen 38.86% since February 20, 2017 and is uptrending. It has outperformed by 22.16% the S&P500.

Wafra Investment Advisory Group Inc, which manages about $7.55B and $2.06B US Long portfolio, upped its stake in Citizens Financial Group (NYSE:CFG) by 86,695 shares to 181,252 shares, valued at $6.86M in 2017Q3, according to the filing. It also increased its holding in Citigroup Inc. (NYSE:C) by 37,627 shares in the quarter, for a total of 234,434 shares, and has risen its stake in Johnson & Johnson (NYSE:JNJ).

Since August 31, 2017, it had 0 insider buys, and 2 sales for $1.63 million activity.

Among 7 analysts covering NVR (NYSE:NVR), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. NVR had 13 analyst reports since July 22, 2015 according to SRatingsIntel. Wells Fargo maintained the stock with “Market Perform” rating in Friday, October 20 report. Wells Fargo initiated the shares of NVR in report on Thursday, September 29 with “Market Perform” rating. UBS maintained it with “Hold” rating and $3750.0 target in Wednesday, January 17 report. The firm earned “Buy” rating on Monday, December 12 by Bank of America. The stock of NVR, Inc. (NYSE:NVR) earned “Hold” rating by Zelman on Monday, May 29. The stock of NVR, Inc. (NYSE:NVR) has “Neutral” rating given on Wednesday, July 22 by M Partners. As per Tuesday, December 15, the company rating was downgraded by Credit Suisse.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.39, from 1.57 in 2017Q2. It turned negative, as 20 investors sold NVR shares while 113 reduced holdings. 55 funds opened positions while 102 raised stakes. 2.85 million shares or 2.57% less from 2.92 million shares in 2017Q2 were reported. Ccm Investment Advisers Limited Liability Company holds 3,617 shares. Cubist Systematic Strategies Ltd Liability Company owns 0.01% invested in NVR, Inc. (NYSE:NVR) for 70 shares. Acadian Asset Ltd has invested 0.41% in NVR, Inc. (NYSE:NVR). Kayne Anderson Rudnick Invest Mngmt Lc accumulated 43,462 shares. Dynamic Cap Mgmt owns 397 shares for 0.32% of their portfolio. Pub Employees Retirement System Of Ohio accumulated 2,415 shares or 0.04% of the stock. Louisiana State Employees Retirement has 900 shares. Moreover, Jfs Wealth Advisors has 0.03% invested in NVR, Inc. (NYSE:NVR). Advantus Cap Mngmt has invested 0.03% of its portfolio in NVR, Inc. (NYSE:NVR). Fort Washington Invest Advisors Oh has 0.03% invested in NVR, Inc. (NYSE:NVR). Bnp Paribas Asset holds 0.05% or 2,098 shares in its portfolio. Qs Invsts Lc invested 0.05% in NVR, Inc. (NYSE:NVR). 265 were accumulated by Asset Mngmt. Rhumbline Advisers holds 8,553 shares. Aqr Lc owns 65,473 shares or 0.23% of their US portfolio.

Since September 27, 2017, it had 0 insider buys, and 8 selling transactions for $2.88 million activity. $280,968 worth of Gentex Corporation (NASDAQ:GNTX) shares were sold by GOODE GARY F. Another trade for 7,220 shares valued at $170,823 was made by Ryan Scott P on Wednesday, January 31. Another trade for 47,000 shares valued at $1.11M was sold by Hoekstra Peter. Downing Steven R also sold $157,582 worth of Gentex Corporation (NASDAQ:GNTX) shares. MULDER JOHN A sold $611,341 worth of stock or 26,000 shares. $280,776 worth of stock was sold by Wallace James H on Tuesday, January 30.

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Gentex Corp had 19 analyst reports since October 20, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 11 by FBR Capital. Robert W. Baird upgraded the shares of GNTX in report on Thursday, August 24 to “Outperform” rating. The rating was maintained by Craig Hallum on Monday, January 29 with “Hold”. FBR Capital maintained the stock with “Buy” rating in Wednesday, July 19 report. The firm has “Neutral” rating given on Monday, December 19 by Susquehanna. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Wednesday, August 23 by KeyBanc Capital Markets. The rating was maintained by FBR Capital on Friday, October 21 with “Outperform”. The company was maintained on Tuesday, January 2 by FBR Capital. The firm has “Buy” rating given on Thursday, October 12 by KeyBanc Capital Markets. The firm has “Hold” rating given on Monday, July 24 by Craig Hallum.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.32, from 0.92 in 2017Q2. It improved, as 35 investors sold GNTX shares while 109 reduced holdings. 41 funds opened positions while 137 raised stakes. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported. Bnp Paribas Asset Management Sa accumulated 210,400 shares or 0.04% of the stock. 33,294 were reported by Profund Limited Liability Company. Raymond James Financial Svcs holds 0.02% or 126,044 shares. Millennium Management Limited invested in 503,834 shares. First Tru Advsrs LP reported 459,767 shares. Whittier Tru invested 0% in Gentex Corporation (NASDAQ:GNTX). Eqis Cap Management Incorporated has invested 0.03% in Gentex Corporation (NASDAQ:GNTX). Thomas Story & Son Lc reported 296,185 shares or 3.16% of all its holdings. Hartford Investment Mngmt, Connecticut-based fund reported 15,600 shares. Glob X Mgmt Ltd has invested 0.01% in Gentex Corporation (NASDAQ:GNTX). Carlson Capital Ltd Partnership stated it has 0.24% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Pggm invested 0.17% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Fairpointe Capital Ltd Liability, a Illinois-based fund reported 6.08M shares. 245,000 are held by Gabelli Funds Limited Liability Com. Vanguard Grp stated it has 0.02% in Gentex Corporation (NASDAQ:GNTX).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts

>