30 Shares in NVR, Inc. (NYSE:NVR) Purchased by MONECO Advisors LLC

MONECO Advisors LLC acquired a new position in shares of NVR, Inc. (NYSE:NVR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 30 shares of the construction company’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in NVR during the fourth quarter worth about $35,000. Criterion Capital Advisors LLC acquired a new position in NVR during the fourth quarter worth about $42,000. Allworth Financial LP raised its stake in NVR by 100.0% during the fourth quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock worth $56,000 after acquiring an additional 4 shares in the last quarter. USA Financial Formulas acquired a new position in NVR during the fourth quarter worth about $63,000. Finally, GAMMA Investing LLC acquired a new position in NVR during the fourth quarter worth about $78,000. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on NVR shares. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. UBS Group upped their price objective on NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th.

Insider Activity at NVR

In related news, Director David A. Preiser sold 500 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following the sale, the director now directly owns 239 shares in the company, valued at $1,813,104.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVR news, Director William Grady Rosier sold 600 shares of the stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $7,665.63, for a total transaction of $4,599,378.00. Following the transaction, the director now directly 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 available through this link. Also, Director David A. Preiser sold 500 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following 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. Insiders have sold 1,600 shares of company stock worth $12,233,609 over the last ninety days. Insiders own 7.00% of the company’s stock.

NVR Stock Performance

NVR stock opened at $7,680.34 on Tuesday. The business has a 50 day moving average of $7,623.67 and a 200-day moving average of $7,403.01. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $8,211.40. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.52 and a quick ratio of 3.97. The company has a market capitalization of $24.04 billion, a P/E ratio of 16.01, a P/E/G ratio of 3.16 and a beta of 1.16.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $103.97 by $12.44. NVR had a return on equity of 38.54% and a net margin of 17.33%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the firm posted $99.89 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts predict that NVR, Inc. will post 493.93 earnings per share for the current year.

NVR declared that its board has initiated a share repurchase program on Tuesday, May 7th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

NVR Profile

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.