NVR (NYSE:NVR) Director Buys 63 Shares of Stock

NVR, Inc. (NYSE:NVRGet 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:NVRGet 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

NVR has been the subject of several analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of NVR in a research note on Tuesday, August 4th. Zacks Research cut shares of NVR from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. 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. UBS Group decreased their price objective on shares of NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Finally, BTIG Research set a $7,446.00 price objective on shares of NVR in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $7,224.20.

Get Our Latest Analysis on NVR

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

(Get Free Report)

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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Insider Buying and Selling by Quarter for NVR (NYSE:NVR)

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