Vise Technologies Inc. acquired a new position in NVR, Inc. (NYSE:NVR – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 319 shares of the construction company’s stock, valued at approximately $2,174,000.
Other hedge funds have also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new position in NVR during the 2nd quarter valued at about $27,000. DV Equities LLC acquired a new stake in shares of NVR in the fourth quarter valued at approximately $29,000. Strive Financial Group LLC acquired a new stake in shares of NVR in the fourth quarter valued at approximately $29,000. Trust Co. of Vermont bought a new stake in shares of NVR during the second quarter valued at approximately $34,000. Finally, Oakworth Capital Inc. bought a new stake in shares of NVR during the fourth quarter valued at approximately $36,000. 83.67% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other NVR news, Director George Oliver acquired 63 shares of NVR stock in a transaction dated Friday, August 7th. The stock was bought at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the transaction, the director owned 63 shares in the company, valued at approximately $405,185.13. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 8.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on NVR
NVR Trading Up 1.0%
Shares of NVR stock opened at $6,362.57 on Friday. The business has a fifty day simple moving average of $6,448.99 and a 200-day simple moving average of $6,615.60. NVR, Inc. has a fifty-two week low of $5,501.01 and a fifty-two week high of $8,618.28. The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 16.50, a price-to-earnings-growth ratio of 10.53 and a beta of 0.91. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27.
NVR (NYSE:NVR – Get Free Report) last released its earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the company earned $108.54 earnings per share. NVR’s revenue was down 10.5% compared to the same quarter last year. On average, equities analysts forecast that NVR, Inc. will post 366.98 EPS for the current fiscal year.
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.
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