Krilogy Financial LLC Buys New Stake in NVR, Inc. $NVR

Krilogy Financial LLC bought a new stake in NVR, Inc. (NYSE:NVR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 137 shares of the construction company’s stock, valued at approximately $933,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wedge Capital Management L L P NC raised its stake in NVR by 27.5% in the second quarter. Wedge Capital Management L L P NC now owns 1,498 shares of the construction company’s stock valued at $10,206,000 after buying an additional 323 shares during the last quarter. Tema ETFs LLC grew its stake in shares of NVR by 38.1% during the second quarter. Tema ETFs LLC now owns 58 shares of the construction company’s stock worth $395,000 after acquiring an additional 16 shares during the last quarter. Handelsbanken Fonder AB grew its stake in shares of NVR by 65.9% during the second quarter. Handelsbanken Fonder AB now owns 1,921 shares of the construction company’s stock worth $13,089,000 after acquiring an additional 763 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of NVR by 1.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 203 shares of the construction company’s stock valued at $1,383,000 after acquiring an additional 2 shares in the last quarter. Finally, Everhart Financial Group Inc. increased its holdings in shares of NVR by 31.0% during the second quarter. Everhart Financial Group Inc. now owns 76 shares of the construction company’s stock valued at $518,000 after acquiring an additional 18 shares in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director George Oliver purchased 63 shares of the business’s stock in a transaction on Friday, August 7th. The shares were bought at an average cost of $6,431.51 per share, with a total value of $405,185.13. Following the transaction, the director owned 63 shares of the company’s stock, valued at approximately $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 8.60% of the company’s stock.

NVR Stock Performance

Shares of NYSE NVR opened at $6,378.62 on Friday. The company has a 50 day simple moving average of $6,449.03 and a two-hundred day simple moving average of $6,663.09. The stock has a market cap of $16.97 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 10.38 and a beta of 0.91. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27. NVR, Inc. has a 12 month low of $5,501.01 and a 12 month high of $8,618.28.

NVR (NYSE:NVR) last released its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. NVR had a net margin of 12.26% and a return on equity of 31.02%. 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 prior year, the business earned $108.54 earnings per share. The business’s quarterly revenue was down 10.5% compared to the same quarter last year. As a group, analysts predict that NVR, Inc. will post 371.98 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. UBS Group lowered their target price on shares of NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research downgraded shares of NVR from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. BTIG Research set a $7,446.00 price objective on shares of NVR in a report on Friday, July 24th. Finally, Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $7,224.20.

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.