Atria Wealth Solutions Inc. lowered its position in NVR, Inc. (NYSE:NVR - Free Report) by 33.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74 shares of the construction company's stock after selling 37 shares during the period. Atria Wealth Solutions Inc.'s holdings in NVR were worth $605,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Blue Trust Inc. acquired a new position in NVR in the third quarter valued at about $39,000. Peak Financial Advisors LLC acquired a new position in shares of NVR in the 4th quarter valued at approximately $1,235,000. JPMorgan Chase & Co. increased its stake in NVR by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock worth $136,580,000 after purchasing an additional 2,206 shares in the last quarter. Intech Investment Management LLC bought a new stake in NVR during the 3rd quarter worth approximately $9,341,000. Finally, Brown Brothers Harriman & Co. raised its holdings in NVR by 11.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,514 shares of the construction company's stock worth $24,667,000 after buying an additional 250 shares during the period. Institutional investors own 83.67% of the company's stock.
NVR Stock Up 0.6 %
Shares of NVR stock traded up $46.06 during trading on Friday, reaching $7,228.01. The company's stock had a trading volume of 38,773 shares, compared to its average volume of 27,686. NVR, Inc. has a one year low of $7,015.00 and a one year high of $9,964.77. The business has a fifty day moving average price of $7,847.90 and a 200-day moving average price of $8,729.75. The company has a market cap of $21.61 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22.
NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. Analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.
NVR declared that its board has authorized a stock repurchase program on Wednesday, December 11th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on NVR. StockNews.com cut shares of NVR from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. UBS Group upped their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. dropped their price target on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 29th. Finally, Seaport Res Ptn cut NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $9,356.67.
Read Our Latest Stock Report on NVR
Insider Buying and Selling
In other NVR news, Director Thomas D. Eckert sold 143 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 7.00% of the stock is currently owned by corporate insiders.
NVR Company Profile
(
Free Report)
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.
Featured Articles
Before you consider NVR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVR wasn't on the list.
While NVR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
