35 Shares in NVR, Inc. (NYSE:NVR) Acquired by NBC Securities Inc.

NBC Securities Inc. purchased a new position in shares of NVR, Inc. (NYSE:NVRFree Report) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 35 shares of the construction company’s stock, valued at approximately $208,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Evergreen Wealth Management LLC boosted its stake in NVR by 2.3% during the second quarter. Evergreen Wealth Management LLC now owns 89 shares of the construction company’s stock worth $568,000 after buying an additional 2 shares during the last quarter. New York Life Investment Management LLC boosted its stake in NVR by 0.4% during the second quarter. New York Life Investment Management LLC now owns 479 shares of the construction company’s stock worth $3,042,000 after buying an additional 2 shares during the last quarter. Advisor OS LLC boosted its stake in NVR by 0.7% during the second quarter. Advisor OS LLC now owns 295 shares of the construction company’s stock worth $1,873,000 after buying an additional 2 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in NVR by 1.7% during the second quarter. Personal CFO Solutions LLC now owns 120 shares of the construction company’s stock worth $762,000 after buying an additional 2 shares during the last quarter. Finally, Cantor Fitzgerald L. P. boosted its stake in NVR by 0.8% during the second quarter. Cantor Fitzgerald L. P. now owns 258 shares of the construction company’s stock worth $1,638,000 after buying an additional 2 shares during the last quarter. Institutional investors and hedge funds own 84.49% of the company’s stock.

NVR Stock Performance

Shares of NVR stock opened at $7,075.29 on Thursday. NVR, Inc. has a 52 week low of $4,988.99 and a 52 week high of $7,423.73. The business’s fifty day simple moving average is $6,828.24 and its 200-day simple moving average is $6,337.82. The firm has a market cap of $22.50 billion, a PE ratio of 15.27 and a beta of 1.12. The company has a quick ratio of 4.03, a current ratio of 6.45 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVRGet Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The construction company reported $121.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $121.50 by $0.06. The firm had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.61 billion. NVR had a return on equity of 39.23% and a net margin of 17.09%. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $133.44 EPS. Equities analysts forecast that NVR, Inc. will post 415.54 earnings per share for the current year.

NVR announced that its Board of Directors has authorized a stock buyback program on Thursday, November 9th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at NVR

In related news, Chairman Paul C. Saville sold 3,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $6,288.17, for a total value of $18,864,510.00. Following the sale, the chairman now owns 106,860 shares in the company, valued at approximately $671,953,846.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Daniel David Malzahn sold 1,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $6,296.26, for a total value of $6,296,260.00. Following the sale, the chief financial officer now owns 11,853 shares in the company, valued at approximately $74,629,569.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Paul C. Saville sold 3,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $6,288.17, for a total value of $18,864,510.00. Following the completion of the sale, the chairman now owns 106,860 shares in the company, valued at approximately $671,953,846.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,872 shares of company stock worth $49,205,517. 8.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of recent research reports. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised NVR from a “sell” rating to a “hold” rating and upped their price target for the company from $4,900.00 to $6,300.00 in a research note on Friday, December 8th.

Check Out Our Latest Analysis on NVR

NVR Profile

(Free Report)

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.

See Also

Want to see what other hedge funds are holding NVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVR, Inc. (NYSE:NVRFree Report).

Institutional Ownership by Quarter for NVR (NYSE:NVR)

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