Analysts Set NVR, Inc. (NYSE:NVR) Price Target at $9,356.67

Shares of NVR, Inc. (NYSE:NVR - Get Free Report) have received a consensus recommendation of "Hold" from the four analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $9,356.67.

NVR has been the subject of several research reports. UBS Group raised their target price on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. lowered their price objective on shares of 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.

Insider Transactions at NVR

In related news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.00% of the stock is owned by insiders.

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Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. National Bank of Canada FI boosted its stake in NVR by 80.4% in the 3rd quarter. National Bank of Canada FI now owns 1,573 shares of the construction company's stock worth $15,434,000 after purchasing an additional 701 shares during the period. MML Investors Services LLC raised its position in NVR by 2.1% during the third quarter. MML Investors Services LLC now owns 242 shares of the construction company's stock valued at $2,374,000 after buying an additional 5 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in NVR by 1.0% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,315 shares of the construction company's stock worth $12,903,000 after acquiring an additional 13 shares during the period. Vestcor Inc grew its stake in NVR by 2.0% during the 3rd quarter. Vestcor Inc now owns 208 shares of the construction company's stock valued at $2,041,000 after acquiring an additional 4 shares in the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in shares of NVR in the 3rd quarter valued at about $292,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NVR stock traded down $18.68 on Thursday, hitting $7,222.31. The company had a trading volume of 22,598 shares, compared to its average volume of 22,201. NVR has a 52 week low of $6,562.85 and a 52 week high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The company has a market cap of $21.44 billion, a PE ratio of 14.23, a PEG ratio of 2.39 and a beta of 1.07. The business has a 50-day simple moving average of $7,241.87 and a 200-day simple moving average of $8,267.66.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. Research analysts expect that NVR will post 505.2 EPS for the current fiscal year.

NVR Company Profile

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.