Vanguard Personalized Indexing Management LLC Reduces Stock Position in NVR, Inc. (NYSE:NVR)

Vanguard Personalized Indexing Management LLC cut its stake in NVR, Inc. (NYSE:NVRFree Report) by 9.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 191 shares of the construction company’s stock after selling 19 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in NVR were worth $1,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in NVR. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of NVR in the fourth quarter valued at approximately $35,000. Criterion Capital Advisors LLC purchased a new stake in shares of NVR in the fourth quarter valued at approximately $42,000. Allworth Financial LP grew its position in shares of NVR by 100.0% in the fourth quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after purchasing an additional 4 shares in the last quarter. USA Financial Formulas purchased a new stake in shares of NVR in the fourth quarter valued at approximately $63,000. Finally, GAMMA Investing LLC purchased a new stake in shares of NVR in the fourth quarter valued at approximately $78,000. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVR

In related news, Chairman Paul C. Saville sold 750 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $7,492.42, for a total transaction of $5,619,315.00. Following the completion of the transaction, the chairman now directly owns 106,860 shares in the company, valued at approximately $800,640,001.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVR news, CFO Daniel David Malzahn sold 202 shares of NVR stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $7,484.82, for a total value of $1,511,933.64. Following the completion of the transaction, the chief financial officer now directly owns 13,859 shares of the company’s stock, valued at approximately $103,732,120.38. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Paul C. Saville sold 750 shares of NVR stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $7,492.42, for a total value of $5,619,315.00. Following the completion of the transaction, the chairman now directly owns 106,860 shares of the company’s stock, valued at $800,640,001.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,702 shares of company stock worth $27,985,010. 7.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on NVR shares. StockNews.com upgraded NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th. UBS Group increased their price objective on NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th.

Get Our Latest Stock Analysis on NVR

NVR Trading Down 0.4 %

Shares of NVR stock opened at $7,669.00 on Friday. The firm has a market capitalization of $24.00 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 3.19 and a beta of 1.13. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $8,211.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.97 and a current ratio of 6.52. The stock has a 50 day moving average of $7,750.52 and a 200 day moving average of $7,189.92.

NVR (NYSE:NVRGet Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, topping the consensus estimate of $103.97 by $12.44. NVR had a return on equity of 38.54% and a net margin of 17.33%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the business posted $99.89 earnings per share. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, research analysts predict that NVR, Inc. will post 493.93 earnings per share for the current year.

NVR declared that its Board of Directors has approved a share buyback program on Wednesday, February 14th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to purchase up to 3.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

About NVR

(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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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