NVR, Inc. (NYSE:NVR) Director David A. Preiser Sells 250 Shares

NVR, Inc. (NYSE:NVR) Director David A. Preiser sold 250 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 239 shares in the company, valued at $2,223,330.96. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

NVR Trading Down 1.5 %

Shares of NVR stock opened at $9,114.26 on Wednesday. The stock has a fifty day moving average price of $9,443.40 and a 200-day moving average price of $8,518.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.21 and a quick ratio of 3.54. The firm has a market cap of $27.89 billion, a PE ratio of 18.63, a P/E/G ratio of 1.99 and a beta of 1.20. NVR, Inc. has a 1 year low of $5,950.21 and a 1 year high of $9,964.77.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing the consensus estimate of $131.00 by ($0.50). NVR had a return on equity of 38.20% and a net margin of 16.51%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the prior year, the firm posted $125.26 EPS. The business’s revenue was up 6.6% on a year-over-year basis. Equities research analysts anticipate that NVR, Inc. will post 496.62 EPS for the current year.

Hedge Funds Weigh In On NVR

Several institutional investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. raised its stake in shares of NVR by 170.2% in the third quarter. Daiwa Securities Group Inc. now owns 1,070 shares of the construction company’s stock valued at $10,498,000 after buying an additional 674 shares during the period. Cerity Partners LLC increased its holdings in NVR by 66.5% in the 3rd quarter. Cerity Partners LLC now owns 358 shares of the construction company’s stock worth $3,513,000 after acquiring an additional 143 shares during the last quarter. Intech Investment Management LLC bought a new stake in NVR in the 3rd quarter valued at about $9,341,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in NVR by 53.8% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 10,690 shares of the construction company’s stock valued at $104,888,000 after purchasing an additional 3,741 shares during the last quarter. Finally, Jennison Associates LLC bought a new position in NVR during the third quarter worth about $348,545,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

NVR has been the topic of several recent analyst reports. StockNews.com cut NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. UBS Group raised their price target on shares of NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday. Finally, Bank of America decreased their price objective on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $8,783.33.

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.