Susan Williamson Ross Sells 125 Shares of NVR, Inc. (NYSE:NVR) Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the sale, the director now directly owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

NVR Stock Up 0.0 %

NYSE:NVR traded up $0.24 during midday trading on Monday, reaching $8,600.84. 16,833 shares of the stock traded hands, compared to its average volume of 19,470. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,695.00. The business has a 50-day moving average of $7,743.57 and a two-hundred day moving average of $7,633.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The stock has a market capitalization of $26.92 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 2.26 and a beta of 1.17.

NVR (NYSE:NVR) last issued its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.48 billion. On average, equities analysts forecast that NVR, Inc. will post 499.77 earnings per share for the current fiscal year.

NVR declared that its Board of Directors has initiated a share buyback plan on Tuesday, May 7th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

NVR has been the subject of a number of analyst reports. StockNews.com raised shares of NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th. UBS Group increased their target price on shares of NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Valued Wealth Advisors LLC increased its stake in NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after purchasing an additional 2 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in NVR during the 4th quarter valued at approximately $35,000. Criterion Capital Advisors LLC acquired a new position in NVR during the 4th quarter valued at approximately $42,000. Whittier Trust Co. of Nevada Inc. acquired a new position in NVR during the 2nd quarter valued at approximately $53,000. Finally, Allworth Financial LP increased its stake in NVR by 100.0% during the 4th quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after purchasing an additional 4 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

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.