NVR (NYSE:NVR) Director Sells 200 Shares

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 200 shares of NVR stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $8,091.62, for a total value of $1,618,324.00. Following the completion of the sale, the director directly owned 386 shares in the company, valued at $3,123,365.32. This represents a 34.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Susan Williamson Ross also recently made the following trade(s):

• On Wednesday, February 4th, Susan Williamson Ross sold 220 shares of NVR stock. The shares were sold at an average price of $8,000.00, for a total value of $1,760,000.00.

NVR Stock Down 0.6%

NYSE NVR traded down $48.42 during trading on Friday, hitting $7,996.37. The stock had a trading volume of 34,383 shares, compared to its average volume of 32,327. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $8,618.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.71 and a current ratio of 6.21. The company’s 50-day moving average price is $7,524.79 and its two-hundred day moving average price is $7,704.21. The company has a market capitalization of $22.71 billion, a PE ratio of 18.29, a P/E/G ratio of 2.58 and a beta of 1.03.

NVR (NYSE:NVR) last issued its quarterly earnings results on Wednesday, January 28th. The construction company reported $121.54 earnings per share for the quarter, topping the consensus estimate of $105.42 by $16.12. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.41 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period last year, the business earned $139.93 EPS. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

Institutional Trading of NVR

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Oakworth Capital Inc. acquired a new stake in NVR during the fourth quarter worth approximately $36,000. Blue Trust Inc. lifted its holdings in NVR by 150.0% during the 2nd quarter. Blue Trust Inc. now owns 5 shares of the construction company’s stock worth $37,000 after purchasing an additional 3 shares during the last quarter. Assetmark Inc. lifted its holdings in NVR by 50.0% during the 2nd quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock worth $44,000 after purchasing an additional 2 shares during the last quarter. State of Wyoming bought a new stake in NVR in the 2nd quarter valued at $44,000. Finally, USA Financial Formulas boosted its stake in NVR by 75.0% in the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock valued at $51,000 after purchasing an additional 3 shares during the period. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

NVR has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research note on Thursday, January 22nd. BTIG Research assumed coverage on NVR in a research note on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price target for the company. Zelman & Associates upgraded NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price objective on the stock in a research note on Thursday, January 29th. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Bank of America lowered their target price on shares of NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, NVR presently has an average rating of “Moderate Buy” and an average price target of $8,329.40.

NVR Company 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.