NVR, Inc. $NVR Shares Purchased by Roundview Capital LLC

Roundview Capital LLC raised its holdings in shares of NVR, Inc. (NYSE:NVR) by 18.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 741 shares of the construction company’s stock after purchasing an additional 116 shares during the quarter. Roundview Capital LLC’s holdings in NVR were worth $5,404,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new position in shares of NVR in the 4th quarter worth approximately $36,000. State of Wyoming acquired a new position in shares of NVR in the 2nd quarter worth approximately $44,000. USA Financial Formulas grew its position in shares of NVR by 75.0% in the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock worth $51,000 after acquiring an additional 3 shares in the last quarter. Clearstead Advisors LLC grew its position in shares of NVR by 75.0% in the 4th quarter. Clearstead Advisors LLC now owns 7 shares of the construction company’s stock worth $51,000 after acquiring an additional 3 shares in the last quarter. Finally, Zions Bancorporation National Association UT grew its position in shares of NVR by 600.0% in the 3rd quarter. Zions Bancorporation National Association UT now owns 7 shares of the construction company’s stock worth $56,000 after acquiring an additional 6 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on NVR. Bank of America decreased their target price on NVR from $8,600.00 to $8,225.00 and set a “buy” rating for the company in a research report on Monday, April 20th. BTIG Research reiterated a “buy” rating and issued a $8,096.00 target price on shares of NVR in a research report on Wednesday, April 22nd. Seaport Research Partners reiterated a “sell” rating and issued a $5,664.00 target price on shares of NVR in a research report on Tuesday, April 7th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Zelman & Associates upgraded NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price for the company in a research report on Thursday, January 29th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $7,649.33.

Insider Activity

In related news, Director Michael J. Devito purchased 11 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of $6,699.50 per share, with a total value of $73,694.50. Following the acquisition, the director owned 25 shares in the company, valued at approximately $167,487.50. This trade represents a 78.57% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 8.60% of the company’s stock.

NVR Trading Up 0.3%

Shares of NYSE NVR opened at $6,054.56 on Wednesday. The company has a market cap of $16.35 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 4.45 and a beta of 0.95. NVR, Inc. has a 12-month low of $5,501.01 and a 12-month high of $8,618.28. The company has a current ratio of 5.19, a quick ratio of 2.67 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $6,389.07 and its 200 day simple moving average is $7,070.81.

NVR (NYSE:NVR) last announced its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $79.97 by ($12.21). The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.09 billion. NVR had a return on equity of 32.66% and a net margin of 12.93%.The company’s revenue for the quarter was down 21.7% on a year-over-year basis. During the same period last year, the business posted $94.83 EPS. Equities research analysts expect that NVR, Inc. will post 375.15 EPS for the current year.

NVR announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 11th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 3.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

NVR Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.