NVR, Inc. (NYSE:NVR) Shares Acquired by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC raised its stake in shares of NVR, Inc. (NYSE:NVR) by 21.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236 shares of the construction company’s stock after purchasing an additional 42 shares during the quarter. NVR comprises 0.7% of Strata Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. Strata Wealth Advisors LLC’s holdings in NVR were worth $1,912,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of NVR. Alpha Omega Wealth Management LLC acquired a new stake in shares of NVR in the first quarter worth $202,000. Occidental Asset Management LLC acquired a new stake in NVR during the first quarter valued at $202,000. Wealth Enhancement Advisory Services LLC grew its position in NVR by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 418 shares of the construction company’s stock valued at $3,389,000 after buying an additional 2 shares during the period. Gateway Investment Advisers LLC grew its position in NVR by 1.1% during the first quarter. Gateway Investment Advisers LLC now owns 2,169 shares of the construction company’s stock valued at $17,569,000 after buying an additional 24 shares during the period. Finally, Crestmont Private Wealth LLC grew its position in NVR by 10.6% during the first quarter. Crestmont Private Wealth LLC now owns 52 shares of the construction company’s stock valued at $421,000 after buying an additional 5 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Price Performance

Shares of NYSE:NVR traded down $68.36 during midday trading on Friday, hitting $7,588.56. The company’s stock had a trading volume of 31,392 shares, compared to its average volume of 21,833. The company has a market cap of $23.77 billion, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 3.15 and a beta of 1.16. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,211.40. The business’s 50 day simple moving average is $7,593.91 and its 200 day simple moving average is $7,480.41. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.97 and a current ratio of 6.52.

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

NVR declared that its board has authorized a stock repurchase plan on Tuesday, May 7th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research firms recently commented on NVR. UBS Group raised their price target on shares of NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. StockNews.com raised shares of NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th.

Insider Buying and Selling

In related news, Chairman Paul C. Saville sold 300 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $7,670.42, for a total transaction of $2,301,126.00. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at $819,661,081.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVR news, Chairman Paul C. Saville sold 300 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $7,670.42, for a total value of $2,301,126.00. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at approximately $819,661,081.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Preiser sold 500 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $7,586.21, for a total transaction of $3,793,105.00. Following the completion of the transaction, the director now owns 239 shares in the company, valued at $1,813,104.19. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,600 shares of company stock worth $12,233,609. 7.00% of the stock is owned by insiders.

About NVR

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.