NVR, Inc. (NYSE:NVR – Get Free Report) Director George Oliver acquired 63 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were bought at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the acquisition, the director owned 63 shares in the company, valued at approximately $405,185.13. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
NVR Trading Up 1.4%
Shares of NVR stock traded up $87.32 on Tuesday, reaching $6,379.60. 3,703 shares of the stock were exchanged, compared to its average volume of 28,518. The stock has a market cap of $17.00 billion, a PE ratio of 16.54, a P/E/G ratio of 10.54 and a beta of 0.91. The stock has a 50 day moving average price of $6,437.02 and a 200 day moving average price of $6,692.20. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.28 and a quick ratio of 2.24. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28.
NVR (NYSE:NVR – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, topping the consensus estimate of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the firm earned $108.54 EPS. The business’s quarterly revenue was down 10.5% on a year-over-year basis. Equities research analysts forecast that NVR, Inc. will post 371.98 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
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Institutional Investors Weigh In On NVR
Hedge funds have recently added to or reduced their stakes in the business. AustralianSuper Pty Ltd purchased a new stake in shares of NVR in the fourth quarter worth $4,835,000. Norges Bank bought a new position in shares of NVR during the 4th quarter valued at about $311,496,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of NVR during the 4th quarter valued at about $3,989,000. Northwestern Mutual Wealth Management Co. boosted its stake in NVR by 13,371.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,544 shares of the construction company’s stock worth $55,017,000 after buying an additional 7,488 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in NVR by 4.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,896 shares of the construction company’s stock valued at $42,916,000 after acquiring an additional 261 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.
About NVR
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.
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