NVR, Inc. (NYSE:NVR) Given Consensus Recommendation of “Hold” by Analysts

NVR, Inc. (NYSE:NVR) has been given a consensus rating of “Hold” by the four analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $8,783.33.

Several research firms recently commented on NVR. Seaport Res Ptn lowered shares of NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Bank of America cut their target price on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, UBS Group upped their target price on NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd.

Insider Activity

In other news, CAO Matthew B. Kelpy sold 125 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. The trade was a 35.21 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David A. Preiser sold 250 shares of NVR stock in a transaction on Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the sale, the director now directly owns 239 shares of the company’s stock, valued at approximately $2,223,330.96. The trade was a 51.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 775 shares of company stock worth $7,294,073. 7.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC lifted its holdings in NVR by 1,100,012.1% in the 3rd quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock worth $3,562,046,000 after purchasing an additional 363,004 shares during the last quarter. Smead Capital Management Inc. raised its position in shares of NVR by 3.5% in the third quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company’s stock valued at $355,365,000 after purchasing an additional 1,223 shares during the period. Jennison Associates LLC acquired a new stake in shares of NVR in the third quarter worth $348,545,000. Marshfield Associates lifted its stake in shares of NVR by 0.3% in the second quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock worth $248,290,000 after buying an additional 96 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of NVR by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock worth $221,595,000 after buying an additional 906 shares during the period. Institutional investors own 83.67% of the company’s stock.

NVR Trading Down 1.0 %

Shares of NYSE:NVR opened at $8,955.01 on Friday. NVR has a twelve month low of $6,330.74 and a twelve month high of $9,964.77. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. The firm has a market cap of $27.40 billion, a P/E ratio of 18.31, a P/E/G ratio of 1.97 and a beta of 1.18. The company has a 50 day moving average of $9,366.17 and a 200-day moving average of $8,680.17.

NVR (NYSE:NVR) last issued its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. NVR had a net margin of 16.51% and a return on equity of 38.20%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business posted $125.26 earnings per share. As a group, analysts anticipate that NVR will post 494.48 earnings per share for the current fiscal year.

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.