NVR, Inc. (NYSE:NVR) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its holdings in shares of NVR, Inc. (NYSE:NVRFree Report) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,196 shares of the construction company’s stock after selling 176 shares during the quarter. Stifel Financial Corp’s holdings in NVR were worth $8,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. acquired a new position in shares of NVR during the 3rd quarter worth approximately $209,000. D.A. Davidson & CO. boosted its stake in shares of NVR by 75.0% during the third quarter. D.A. Davidson & CO. now owns 56 shares of the construction company’s stock valued at $334,000 after acquiring an additional 24 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in NVR by 6.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,508 shares of the construction company’s stock worth $116,332,000 after purchasing an additional 1,123 shares in the last quarter. Van ECK Associates Corp raised its stake in NVR by 3.3% in the 3rd quarter. Van ECK Associates Corp now owns 650 shares of the construction company’s stock valued at $3,876,000 after purchasing an additional 21 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in NVR by 6.1% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 210 shares of the construction company’s stock valued at $1,252,000 after purchasing an additional 12 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Wall Street Analyst Weigh In

NVR has been the subject of a number of recent research reports. UBS Group lifted their price target on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. StockNews.com upgraded NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th.

Get Our Latest Analysis on NVR

Insiders Place Their Bets

In related news, Director William Grady Rosier sold 600 shares of NVR stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $7,665.63, for a total transaction of $4,599,378.00. Following the transaction, the director now owns 1,701 shares in the company, valued at approximately $13,039,236.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director William Grady Rosier sold 600 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $7,665.63, for a total value of $4,599,378.00. Following the completion of the sale, the director now owns 1,701 shares in the company, valued at $13,039,236.63. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David A. Preiser sold 500 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following the sale, the director now owns 239 shares in the company, valued at $1,813,104.19. The disclosure for this sale can be found here. Insiders sold a total of 1,600 shares of company stock worth $12,233,609 over the last ninety days. 7.00% of the stock is owned by company insiders.

NVR Trading Down 0.7 %

Shares of NVR stock opened at $7,590.42 on Friday. The firm’s 50-day simple moving average is $7,666.51 and its 200-day simple moving average is $7,328.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.52 and a quick ratio of 3.97. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $8,211.40. The firm has a market cap of $23.76 billion, a P/E ratio of 15.82, a PEG ratio of 3.18 and a beta of 1.16.

NVR (NYSE:NVRGet Free Report) last issued its earnings results on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, topping the consensus estimate of $103.97 by $12.44. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.25 billion. NVR had a return on equity of 38.54% and a net margin of 17.33%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company posted $99.89 EPS. As a group, equities analysts forecast that NVR, Inc. will post 493.93 EPS for the current year.

NVR declared that its board has authorized a share repurchase plan on Wednesday, February 14th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

NVR Company Profile

(Free Report)

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.

Featured Articles

Want to see what other hedge funds are holding NVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVR, Inc. (NYSE:NVRFree Report).

Institutional Ownership by Quarter for NVR (NYSE:NVR)

Receive News & Ratings for NVR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVR and related companies with MarketBeat.com's FREE daily email newsletter.