Pacer Advisors Inc. Has $65.21 Million Stock Holdings in NVR, Inc. $NVR

Pacer Advisors Inc. trimmed its position in NVR, Inc. (NYSE:NVR) by 1.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,896 shares of the construction company’s stock after selling 132 shares during the quarter. Pacer Advisors Inc. owned about 0.37% of NVR worth $65,213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NVR. DV Equities LLC acquired a new position in NVR in the 4th quarter valued at $29,000. Strive Financial Group LLC acquired a new position in NVR during the 4th quarter worth $29,000. Oakworth Capital Inc. acquired a new position in NVR during the 4th quarter worth $36,000. State of Wyoming bought a new stake in NVR during the second quarter valued at about $44,000. Finally, Clearstead Advisors LLC boosted its holdings in NVR by 75.0% during the fourth quarter. Clearstead Advisors LLC now owns 7 shares of the construction company’s stock valued at $51,000 after acquiring an additional 3 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NVR stock opened at $6,165.25 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.28 and a quick ratio of 2.24. The company has a market cap of $16.65 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 10.14 and a beta of 0.91. The firm has a fifty day moving average price of $6,411.55 and a two-hundred day moving average price of $6,746.23. NVR, Inc. has a fifty-two week low of $5,501.01 and a fifty-two week high of $8,618.28.

NVR (NYSE:NVR) last posted its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $83.06. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.40 billion. NVR had a net margin of 12.26% and a return on equity of 31.02%. The business’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $108.54 EPS. Analysts expect that NVR, Inc. will post 371.98 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. BTIG Research set a $7,446.00 price target on NVR in a research report on Friday, July 24th. Truist Financial cut their price objective on NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group lowered their target price on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Finally, Bank of America dropped their price target on NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $7,224.20.

About NVR

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.