NVR, Inc. (NYSE:NVR) Director Timothy M. Donahue sold 326 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $3,266.87, for a total transaction of $1,064,999.62. Following the sale, the director now directly owns 844 shares in the company, valued at approximately $2,757,238.28. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of NVR, Inc. (NYSE:NVR) opened at $3,300.00 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.44 and a current ratio of 3.60. NVR, Inc. has a 1 year low of $1,519.23 and a 1 year high of $3,362.85. The stock has a market cap of $12,302.79, a PE ratio of 24.17, a price-to-earnings-growth ratio of 1.51 and a beta of 0.74.
NVR (NYSE:NVR) last posted its earnings results on Thursday, October 19th. The construction company reported $38.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $35.77 by $2.25. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.71 billion. NVR had a net margin of 9.22% and a return on equity of 38.23%. NVR’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the business posted $28.46 earnings per share. equities research analysts anticipate that NVR, Inc. will post 146.44 EPS for the current year.
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A number of institutional investors and hedge funds have recently modified their holdings of NVR. Toronto Dominion Bank purchased a new stake in NVR in the second quarter worth about $104,000. US Bancorp DE increased its stake in shares of NVR by 88.0% during the second quarter. US Bancorp DE now owns 47 shares of the construction company’s stock valued at $113,000 after purchasing an additional 22 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of NVR by 14.8% during the first quarter. PNC Financial Services Group Inc. now owns 70 shares of the construction company’s stock valued at $148,000 after purchasing an additional 9 shares in the last quarter. Advisor Group Inc. increased its stake in shares of NVR by 13.9% during the second quarter. Advisor Group Inc. now owns 82 shares of the construction company’s stock valued at $197,000 after purchasing an additional 10 shares in the last quarter. Finally, Everett Harris & Co. CA bought a new position in shares of NVR during the second quarter valued at approximately $200,000. Institutional investors and hedge funds own 80.07% of the company’s stock.
NVR has been the topic of a number of analyst reports. ValuEngine raised shares of NVR from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a report on Friday, October 20th. Zacks Investment Research cut shares of NVR from a “buy” rating to a “hold” rating in a report on Monday, September 25th. UBS AG assumed coverage on NVR in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $3,450.00 target price on the stock. Finally, Wells Fargo & Company reissued a “market perform” rating on shares of NVR in a research note on Friday, October 20th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $3,111.75.
NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).
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