26 Shares in NVR, Inc. (NYSE:NVR) Purchased by Monument Capital Management

Monument Capital Management purchased a new position in NVR, Inc. (NYSE:NVR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26 shares of the construction company’s stock, valued at approximately $211,000.

A number of other institutional investors also recently bought and sold shares of NVR. Greenleaf Trust grew its holdings in shares of NVR by 4.9% during the fourth quarter. Greenleaf Trust now owns 43 shares of the construction company’s stock valued at $301,000 after buying an additional 2 shares during the last quarter. PYA Waltman Capital LLC grew its holdings in shares of NVR by 0.5% during the fourth quarter. PYA Waltman Capital LLC now owns 424 shares of the construction company’s stock valued at $2,968,000 after buying an additional 2 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of NVR by 0.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock valued at $2,135,000 after buying an additional 2 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of NVR by 0.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock valued at $1,498,000 after buying an additional 2 shares during the last quarter. Finally, Gulf International Bank UK Ltd grew its holdings in shares of NVR by 0.8% during the first quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock valued at $2,162,000 after buying an additional 2 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

NVR Stock Down 0.4 %

Shares of NVR stock opened at $7,433.00 on Thursday. The company has a market capitalization of $23.27 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 3.10 and a beta of 1.17. NVR, Inc. has a one year low of $5,210.49 and a one year high of $8,211.40. The company’s fifty day moving average price is $7,572.50 and its 200-day moving average price is $7,493.48. 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 (NYSE:NVR) last announced its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 EPS for the quarter, beating the consensus estimate of $103.97 by $12.44. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.25 billion. NVR had a net margin of 17.33% and a return on equity of 38.54%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $99.89 EPS. Sell-side analysts expect that NVR, Inc. will post 493.93 EPS for the current fiscal year.

NVR announced that its Board of Directors has initiated a share repurchase plan on Tuesday, May 7th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the construction company to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

NVR has been the topic of several research reports. StockNews.com upgraded shares of NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th. 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 research note on Wednesday, April 24th.

Insider Activity

In other news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $7,700.00, for a total transaction of $1,540,000.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,771,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $7,700.00, for a total value of $1,540,000.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,771,000. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David A. Preiser sold 500 shares of NVR stock in a transaction on 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 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 have sold 1,600 shares of company stock worth $12,233,609 in the last three months. Company insiders own 7.00% of the company’s stock.

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.