NVR (NYSE:NVR) Rating Lowered to Hold at StockNews.com

NVR (NYSE:NVR – Get Rating) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, KeyCorp increased their price objective on shares of NVR from $5,120.00 to $6,000.00 and gave the company an “overweight” rating in a report on Monday, February 6th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,956.00.

NVR Stock Down 0.3 %

NVR stock opened at $5,617.56 on Friday. NVR has a fifty-two week low of $3,576.01 and a fifty-two week high of $5,986.96. The company has a market cap of $18.26 billion, a price-to-earnings ratio of 11.81, a P/E/G ratio of 3.10 and a beta of 0.99. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.63 and a current ratio of 5.75. The business’s 50-day moving average is $5,682.09 and its two-hundred day moving average is $5,157.76.

NVR (NYSE:NVR – Get Rating) last posted its quarterly earnings data on Tuesday, April 25th. The construction company reported $99.89 EPS for the quarter, topping the consensus estimate of $88.96 by $10.93. The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.09 billion. NVR had a return on equity of 48.97% and a net margin of 16.20%. NVR’s revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $116.56 EPS. As a group, analysts forecast that NVR will post 423.83 earnings per share for the current year.

Insider Buying and Selling at NVR

In other NVR news, CAO Matthew B. Kelpy sold 150 shares of the stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $5,965.00, for a total transaction of $894,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,371,950. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Matthew B. Kelpy sold 150 shares of NVR stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $5,965.00, for a total value of $894,750.00. Following the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,371,950. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Daniel David Malzahn sold 2,105 shares of the business’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $5,923.62, for a total transaction of $12,469,220.10. Following the transaction, the chief financial officer now owns 9,204 shares of the company’s stock, valued at approximately $54,520,998.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,710 shares of company stock valued at $84,953,468. Company insiders own 8.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NVR. ProShare Advisors LLC raised its stake in shares of NVR by 7.9% in the first quarter. ProShare Advisors LLC now owns 395 shares of the construction company’s stock worth $2,201,000 after purchasing an additional 29 shares during the last quarter. Toroso Investments LLC raised its position in NVR by 4.3% during the 1st quarter. Toroso Investments LLC now owns 73 shares of the construction company’s stock worth $407,000 after buying an additional 3 shares during the last quarter. 3Chopt Investment Partners LLC acquired a new stake in NVR during the 1st quarter valued at approximately $880,000. Ameriprise Financial Inc. boosted its holdings in shares of NVR by 37.8% in the 1st quarter. Ameriprise Financial Inc. now owns 15,654 shares of the construction company’s stock valued at $87,227,000 after acquiring an additional 4,297 shares during the last quarter. Finally, American Trust acquired a new stake in shares of NVR in the first quarter worth $875,000. Institutional investors and hedge funds own 82.96% of the company’s stock.

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.