159 Shares in NVR, Inc. $NVR Purchased by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE acquired a new position in NVR, Inc. (NYSE:NVR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 159 shares of the construction company’s stock, valued at approximately $1,160,000.

Other hedge funds also recently added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in NVR in the fourth quarter worth about $11,610,000. Alberta Investment Management Corp purchased a new stake in NVR in the third quarter worth about $4,017,000. American Century Companies Inc. lifted its stake in NVR by 17.0% in the third quarter. American Century Companies Inc. now owns 6,370 shares of the construction company’s stock worth $51,181,000 after acquiring an additional 925 shares during the period. SG Americas Securities LLC lifted its stake in NVR by 669.5% in the fourth quarter. SG Americas Securities LLC now owns 4,232 shares of the construction company’s stock worth $30,863,000 after acquiring an additional 3,682 shares during the period. Finally, Marshfield Associates lifted its position in shares of NVR by 4.7% during the third quarter. Marshfield Associates now owns 25,042 shares of the construction company’s stock valued at $201,204,000 after buying an additional 1,130 shares during the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NVR has been the subject of several analyst reports. BTIG Research reissued a “buy” rating and set a $8,096.00 price target on shares of NVR in a research report on Wednesday, April 22nd. Seaport Research Partners reissued a “sell” rating and set a $5,664.00 price target on shares of NVR in a research report on Tuesday, April 7th. Weiss Ratings lowered shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Truist Financial decreased their price target on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. Finally, UBS Group decreased their price target on shares of NVR from $8,100.00 to $7,700.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $7,649.33.

NVR Stock Performance

NVR stock opened at $6,184.31 on Friday. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 4.51 and a beta of 0.93. The firm has a 50-day simple moving average of $6,339.04 and a two-hundred day simple moving average of $7,015.01. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.67 and a current ratio of 5.19.

NVR (NYSE:NVR) last released its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 EPS for the quarter, missing the consensus estimate of $79.97 by ($12.21). The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.09 billion. NVR had a net margin of 12.93% and a return on equity of 32.66%. The business’s quarterly revenue was down 21.7% compared to the same quarter last year. During the same period in the previous year, the company posted $94.83 earnings per share. On average, equities analysts forecast that NVR, Inc. will post 375.15 EPS for the current fiscal year.

NVR declared that its Board of Directors has approved a stock buyback plan on Wednesday, February 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to repurchase up to 3.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at NVR

In related news, Director Michael J. Devito acquired 11 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The stock was purchased at an average cost of $6,699.50 per share, with a total value of $73,694.50. Following the transaction, the director directly owned 25 shares of the company’s stock, valued at $167,487.50. This trade represents a 78.57% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 8.60% of the stock is owned by insiders.

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.