NVR, Inc. $NVR Holdings Lessened by Quantum Capital Management LLC NJ

Quantum Capital Management LLC NJ decreased its holdings in NVR, Inc. (NYSE:NVR) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,660 shares of the construction company’s stock after selling 168 shares during the quarter. NVR accounts for about 7.3% of Quantum Capital Management LLC NJ’s investment portfolio, making the stock its 4th largest position. Quantum Capital Management LLC NJ owned approximately 0.30% of NVR worth $63,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oakworth Capital Inc. purchased a new position in shares of NVR in the fourth quarter worth approximately $36,000. State of Wyoming purchased a new position in shares of NVR in the second quarter worth approximately $44,000. USA Financial Formulas boosted its holdings in shares of NVR by 75.0% in the fourth quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock worth $51,000 after buying an additional 3 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in shares of NVR by 75.0% in the fourth quarter. Clearstead Advisors LLC now owns 7 shares of the construction company’s stock worth $51,000 after buying an additional 3 shares during the last quarter. Finally, Zions Bancorporation National Association UT boosted its holdings in shares of NVR by 600.0% in the third quarter. Zions Bancorporation National Association UT now owns 7 shares of the construction company’s stock worth $56,000 after buying an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Weiss Ratings downgraded shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $8,096.00 price objective on shares of NVR in a report on Wednesday, April 22nd. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Seaport Research Partners reaffirmed a “sell” rating and set a $5,664.00 price target on shares of NVR in a report on Tuesday, April 7th. Finally, Truist Financial lowered their price target on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating on the stock in a report on Thursday, April 23rd. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $7,649.33.

NVR Price Performance

Shares of NYSE:NVR opened at $6,387.51 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.19 and a quick ratio of 2.67. NVR, Inc. has a 1-year low of $5,501.01 and a 1-year high of $8,618.28. The company has a market capitalization of $17.25 billion, a P/E ratio of 15.57, a P/E/G ratio of 4.77 and a beta of 0.93. The firm’s 50 day simple moving average is $6,312.62 and its two-hundred day simple moving average is $6,979.91.

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

Insiders Place Their Bets

In other news, Director Michael J. Devito purchased 11 shares of the stock in a transaction 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 completion of the acquisition, the director directly owned 25 shares of the company’s stock, valued at $167,487.50. This trade represents a 78.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 8.60% of the stock is owned by corporate insiders.

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.