NVR, Inc. $NVR Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt decreased its holdings in NVR, Inc. (NYSE:NVR) by 17.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 475 shares of the construction company’s stock after selling 100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in NVR were worth $3,464,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. CI Investments Inc. boosted its position in shares of NVR by 13.3% in the 3rd quarter. CI Investments Inc. now owns 17 shares of the construction company’s stock worth $137,000 after purchasing an additional 2 shares in the last quarter. Castleview Partners LLC boosted its position in shares of NVR by 2.8% in the 4th quarter. Castleview Partners LLC now owns 74 shares of the construction company’s stock worth $540,000 after purchasing an additional 2 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of NVR by 0.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company’s stock worth $3,099,000 after purchasing an additional 2 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of NVR by 3.9% in the 4th quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock worth $387,000 after purchasing an additional 2 shares in the last quarter. Finally, Ballentine Partners LLC boosted its position in shares of NVR by 4.9% in the 4th quarter. Ballentine Partners LLC now owns 43 shares of the construction company’s stock worth $314,000 after purchasing an additional 2 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Buying and Selling

In other news, Director Michael J. Devito purchased 11 shares of the stock in a transaction on Friday, April 24th. The stock was bought at an average price of $6,699.50 per share, with a total value of $73,694.50. Following the transaction, the director owned 25 shares in the company, valued at $167,487.50. The trade was a 78.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 8.60% of the company’s stock.

NVR Stock Performance

Shares of NVR opened at $6,184.31 on Friday. The stock has a 50-day moving average of $6,339.04 and a two-hundred day 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. The stock has a market cap of $16.69 billion, a P/E ratio of 15.08, a P/E/G ratio of 4.51 and a beta of 0.93.

NVR (NYSE:NVR) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 EPS for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). NVR had a return on equity of 32.66% and a net margin of 12.93%.The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the firm posted $94.83 EPS. The business’s revenue was down 21.7% compared to the same quarter last year. As a group, research analysts predict that NVR, Inc. will post 375.15 EPS for the current year.

NVR announced that its Board of Directors has approved a share buyback program on Wednesday, February 11th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to reacquire up to 3.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have recently weighed in on NVR. Seaport Research Partners reissued a “sell” rating and issued a $5,664.00 price objective on shares of NVR in a research report on Tuesday, April 7th. Weiss Ratings cut NVR from a “hold (c)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Bank of America lowered their price objective on NVR from $8,600.00 to $8,225.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Truist Financial lowered their price objective on 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, BTIG Research reissued a “buy” rating and issued a $8,096.00 price objective on shares of NVR in a research report on Wednesday, April 22nd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $7,649.33.

NVR 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.