NVR (NYSE:NVR) Trading Down 3% After Earnings Miss

NVR, Inc. (NYSE:NVR - Get Free Report) shares traded down 3% on Tuesday after the company announced weaker than expected quarterly earnings. The company traded as low as $6,845.88 and last traded at $6,917.30. 2,617 shares were traded during trading, a decline of 90% from the average session volume of 27,002 shares. The stock had previously closed at $7,133.84.

The construction company reported $94.83 EPS for the quarter, missing analysts' consensus estimates of $108.22 by ($13.39). NVR had a net margin of 16.34% and a return on equity of 39.67%.

Wall Street Analyst Weigh In

NVR has been the subject of several research reports. JPMorgan Chase & Co. dropped their price target on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. UBS Group raised their price objective 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. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, NVR currently has a consensus rating of "Hold" and a consensus target price of $9,356.67.

Insider Activity at NVR

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NVR. JDM Financial Group LLC acquired a new stake in shares of NVR in the 4th quarter valued at $25,000. Wilmington Savings Fund Society FSB bought a new stake in shares of NVR during the third quarter worth approximately $49,000. EverSource Wealth Advisors LLC lifted its stake in NVR by 150.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after buying an additional 3 shares during the period. CX Institutional acquired a new position in shares of NVR in the 1st quarter valued at $43,000. Finally, Smartleaf Asset Management LLC raised its holdings in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after buying an additional 3 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Stock Down 4.0 %

The company has a market capitalization of $20.34 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 2.39 and a beta of 1.07. The firm has a 50-day moving average price of $7,216.66 and a two-hundred day moving average price of $8,185.62. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69.

About NVR

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.

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