NVR, Inc. (NYSE:NVR) Given Average Recommendation of “Moderate Buy” by Brokerages

NVR, Inc. (NYSE:NVR – Get Rating) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $4,956.00.

Several equities research analysts have recently weighed in on the company. StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a research note on Wednesday. KeyCorp raised their price target on NVR from $5,120.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Monday, February 6th.

Insider Activity at NVR

In other NVR news, Chairman Paul C. Saville sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $5,840.17, for a total transaction of $11,680,340.00. Following the transaction, the chairman now owns 106,860 shares of the company’s stock, valued at $624,080,566.20. The sale was disclosed in a document filed with the SEC, which is available through this link. In other NVR news, Chairman Paul C. Saville sold 2,000 shares of the company’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $5,840.17, for a total transaction of $11,680,340.00. Following the completion of the sale, the chairman now directly owns 106,860 shares in the company, valued at $624,080,566.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $5,891.65, for a total value of $736,456.25. Following the sale, the director now owns 405 shares of the company’s stock, valued at $2,386,118.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,047 shares of company stock valued at $60,917,852. 8.60% of the stock is owned by insiders.

Hedge Funds Weigh In On NVR

Institutional investors and hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. lifted its position in NVR by 4.5% in the 1st quarter. American Century Companies Inc. now owns 534 shares of the construction company’s stock valued at $2,386,000 after acquiring an additional 23 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of NVR by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 438 shares of the construction company’s stock worth $1,957,000 after acquiring an additional 27 shares during the last quarter. Yousif Capital Management LLC lifted its holdings in shares of NVR by 2.1% during the 1st quarter. Yousif Capital Management LLC now owns 533 shares of the construction company’s stock worth $2,381,000 after acquiring an additional 11 shares during the last quarter. Raymond James Trust N.A. lifted its holdings in shares of NVR by 8.6% during the 1st quarter. Raymond James Trust N.A. now owns 88 shares of the construction company’s stock worth $393,000 after acquiring an additional 7 shares during the last quarter. Finally, Prudential PLC bought a new stake in NVR in the first quarter worth $357,000. Institutional investors own 82.96% of the company’s stock.

NVR Stock Performance

Shares of NYSE NVR opened at $5,852.47 on Friday. NVR has a one year low of $3,576.01 and a one year high of $5,986.96. The business’s 50-day moving average price is $5,533.79 and its two-hundred day moving average price is $4,986.51. The company has a market capitalization of $19.02 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 3.32 and a beta of 0.99. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.75 and a quick ratio of 3.63.

NVR (NYSE:NVR – Get Rating) last posted its quarterly earnings data on Tuesday, April 25th. The construction company reported $99.89 earnings per share for the quarter, topping the consensus estimate of $88.96 by $10.93. NVR had a return on equity of 48.97% and a net margin of 16.20%. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm earned $116.56 EPS. The firm’s revenue was down 7.7% compared to the same quarter last year. Analysts anticipate that NVR will post 417.99 earnings per share for the current fiscal year.

About NVR

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NVR, Inc engages in the construction and sale of single-family detached homes, townhomes and condominium buildings. It operates through the following geographical segments: Mid Atlantic, North East, Mid East, and South East. The company was founded in 1980 and is headquartered in Reston, VA.