Belpointe Asset Management LLC Invests $46,000 in NVR, Inc. (NYSE:NVR)

Belpointe Asset Management LLC acquired a new stake in NVR, Inc. (NYSE:NVR – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10 shares of the construction company’s stock, valued at approximately $46,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund increased its holdings in NVR by 0.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 568 shares of the construction company’s stock valued at $2,620,000 after purchasing an additional 2 shares during the last quarter. Utah Retirement Systems increased its holdings in NVR by 0.6% in the third quarter. Utah Retirement Systems now owns 539 shares of the construction company’s stock valued at $2,149,000 after purchasing an additional 3 shares during the last quarter. Dupont Capital Management Corp increased its holdings in NVR by 100.0% in the fourth quarter. Dupont Capital Management Corp now owns 6 shares of the construction company’s stock valued at $28,000 after purchasing an additional 3 shares during the last quarter. Synovus Financial Corp increased its holdings in NVR by 0.8% in the fourth quarter. Synovus Financial Corp now owns 375 shares of the construction company’s stock valued at $1,730,000 after purchasing an additional 3 shares during the last quarter. Finally, Glenview Trust Co increased its holdings in NVR by 5.2% in the fourth quarter. Glenview Trust Co now owns 61 shares of the construction company’s stock valued at $281,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 82.96% of the company’s stock.

Insider Activity at NVR

In related news, CEO Eugene James Bredow sold 2,000 shares of the stock in a transaction that occurred on Friday, February 24th. The stock was sold at an average price of $5,130.00, for a total transaction of $10,260,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,451 shares of the company’s stock, valued at $7,443,630. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Eugene James Bredow sold 2,000 shares of the stock in a transaction that occurred on Friday, February 24th. The stock was sold at an average price of $5,130.00, for a total transaction of $10,260,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,451 shares of the company’s stock, valued at $7,443,630. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Daniel David Malzahn sold 100 shares of the stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $5,213.22, for a total value of $521,322.00. Following the transaction, the chief financial officer now directly owns 6,976 shares of the company’s stock, valued at $36,367,422.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,710 shares of company stock valued at $95,213,468. Insiders own 8.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on NVR. KeyCorp upped their price objective on NVR from $5,120.00 to $6,000.00 and gave the company an “overweight” rating in a report on Monday, February 6th. StockNews.com initiated coverage on NVR in a report on Thursday, May 18th. They issued a “hold” rating for the company. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $4,956.00.

NVR Stock Down 0.5 %

NVR stock opened at $5,585.70 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.75 and a quick ratio of 3.63. The stock has a market capitalization of $18.14 billion, a P/E ratio of 11.75, a P/E/G ratio of 3.17 and a beta of 0.99. The business has a 50-day moving average of $5,676.66 and a 200-day moving average of $5,144.07. NVR, Inc. has a fifty-two week low of $3,576.01 and a fifty-two week high of $5,986.96.

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 company had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the prior year, the firm earned $116.56 earnings per share. NVR’s revenue for the quarter was down 7.7% compared to the same quarter last year. On average, sell-side analysts anticipate that NVR, Inc. will post 423.83 earnings per share for the current fiscal year.

NVR Company Profile

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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.