Bleakley Financial Group LLC Invests $255,000 in NVR, Inc. (NYSE:NVR)

Bleakley Financial Group LLC purchased a new position in shares of NVR, Inc. (NYSE:NVR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 26 shares of the construction company’s stock, valued at approximately $255,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted 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 worth $3,389,000 after purchasing an additional 2 shares during the period. Smith Group Asset Management LLC lifted its holdings in NVR by 1.0% during the 1st quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock worth $1,717,000 after purchasing an additional 2 shares in the last quarter. Valued Wealth Advisors LLC boosted its stake in NVR by 100.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after purchasing an additional 2 shares during the period. Team Hewins LLC increased its position in shares of NVR by 5.0% during the first quarter. Team Hewins LLC now owns 42 shares of the construction company’s stock valued at $340,000 after buying an additional 2 shares during the period. Finally, Empirical Finance LLC lifted its holdings in shares of NVR by 1.1% in the first quarter. Empirical Finance LLC now owns 181 shares of the construction company’s stock worth $1,466,000 after buying an additional 2 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Insider Transactions at NVR

In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the transaction, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the completion of the sale, the director now directly owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock valued at $5,547,709 in the last quarter. Insiders own 7.00% of the company’s stock.

NVR Trading Down 0.3 %

Shares of NVR stock opened at $9,411.06 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,964.77. The company has a market capitalization of $28.99 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. The business’s fifty day moving average is $9,353.94 and its 200 day moving average is $8,360.43.

NVR (NYSE:NVR) last issued its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. NVR’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $125.26 EPS. On average, equities research analysts anticipate that NVR, Inc. will post 500.67 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on NVR. UBS Group upped their target price on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday. Bank of America lowered their price objective on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday.

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.