136 Shares in NVR, Inc. $NVR Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd bought a new stake in NVR, Inc. (NYSE:NVR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 136 shares of the construction company’s stock, valued at approximately $921,000.

Several other institutional investors have also recently added to or reduced their stakes in NVR. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in NVR by 0.5% during the fourth 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 grew its stake in shares of NVR by 3.9% in the fourth quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock valued at $387,000 after buying an additional 2 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of NVR by 4.9% in the fourth quarter. Ballentine Partners LLC now owns 43 shares of the construction company’s stock valued at $314,000 after buying an additional 2 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs raised its holdings in shares of NVR by 1.6% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 127 shares of the construction company’s stock valued at $926,000 after buying an additional 2 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of NVR by 28.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9 shares of the construction company’s stock valued at $67,000 after buying an additional 2 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Activity

In related news, Director George Oliver acquired 63 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was acquired at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the purchase, the director owned 63 shares of the company’s stock, valued at $405,185.13. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 8.60% of the company’s stock.

NVR Stock Down 0.6%

Shares of NYSE NVR opened at $6,261.56 on Wednesday. The stock has a market cap of $16.66 billion, a P/E ratio of 16.24, a PEG ratio of 10.55 and a beta of 0.91. The business’s fifty day simple moving average is $6,450.51 and its 200-day simple moving average is $6,635.19. NVR, Inc. has a 12-month low of $5,501.01 and a 12-month high of $8,618.28. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27.

NVR (NYSE:NVR) last released its earnings results on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping the consensus estimate of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the firm posted $108.54 EPS. NVR’s revenue for the quarter was down 10.5% on a year-over-year basis. As a group, equities analysts predict that NVR, Inc. will post 366.98 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NVR. BTIG Research set a $7,446.00 target price on NVR in a report on Friday, July 24th. Truist Financial cut their price target on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. UBS Group reduced their price target on shares of NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NVR in a report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, NVR presently has a consensus rating of “Hold” and a consensus target price of $7,224.20.

About NVR

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.