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

NVR, Inc. (NYSE:NVR) Director David A. Preiser sold 250 shares of the company’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 directly owns 239 shares of the company’s stock, valued at approximately $2,223,330.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

NVR Stock Down 0.1 %

NVR stock opened at $9,105.67 on Thursday. The stock has a fifty day moving average of $9,442.51 and a 200-day moving average of $8,522.62. NVR, Inc. has a fifty-two week low of $6,052.58 and a fifty-two week high of $9,964.77. The company has a market capitalization of $27.86 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 1.97 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. NVR’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $125.26 EPS. As a group, equities research analysts predict that NVR, Inc. will post 490.62 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday. Bank of America reduced their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. StockNews.com lowered shares of NVR from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, UBS Group increased their target price 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. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $8,783.33.

Institutional Investors Weigh In On NVR

A number of hedge funds and other institutional investors have recently bought and sold shares of NVR. Envestnet Portfolio Solutions Inc. grew its position in shares of NVR by 43.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 105 shares of the construction company’s stock valued at $850,000 after purchasing an additional 32 shares in the last quarter. Sei Investments Co. grew its holdings in NVR by 89.6% during the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock valued at $21,489,000 after buying an additional 1,254 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of NVR in the first quarter worth about $146,000. US Bancorp DE boosted its position in shares of NVR by 13.3% in the first quarter. US Bancorp DE now owns 204 shares of the construction company’s stock valued at $1,652,000 after acquiring an additional 24 shares during the period. Finally, Motley Fool Asset Management LLC grew its stake in NVR by 239.0% during the first quarter. Motley Fool Asset Management LLC now owns 200 shares of the construction company’s stock valued at $1,620,000 after acquiring an additional 141 shares in the last quarter. Institutional investors own 83.67% 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.