137 Shares in NVR, Inc. $NVR Purchased by Krilogy Financial LLC

Krilogy Financial LLC bought a new stake in shares of NVR, Inc. (NYSE:NVR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 137 shares of the construction company’s stock, valued at approximately $933,000.

Other hedge funds have also recently modified their holdings of the company. M&T Bank Corp lifted its stake in shares of NVR by 34,923.5% during the 4th quarter. M&T Bank Corp now owns 56,738 shares of the construction company’s stock worth $413,777,000 after acquiring an additional 56,576 shares during the last quarter. Norges Bank bought a new position in NVR in the 4th quarter valued at $311,496,000. Corient Private Wealth LLC grew its position in NVR by 407.5% in the 4th quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock valued at $332,346,000 after acquiring an additional 36,592 shares during the last quarter. First Trust Advisors LP increased its stake in NVR by 879.9% in the first quarter. First Trust Advisors LP now owns 24,418 shares of the construction company’s stock worth $160,911,000 after purchasing an additional 21,926 shares during the period. Finally, Newport Capital Group LLC bought a new stake in shares of NVR during the fourth quarter worth $106,372,000. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NVR. Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. BTIG Research set a $7,446.00 price objective on shares of NVR in a report on Friday, July 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of NVR in a research report on Tuesday, August 4th. Finally, Bank of America dropped their target price on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $7,224.20.

Insider Activity at NVR

In related news, Director George Oliver acquired 63 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the purchase, the director directly owned 63 shares of the company’s stock, valued at $405,185.13. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 8.60% of the company’s stock.

NVR Price Performance

Shares of NVR opened at $6,378.62 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. The company has a 50 day moving average price of $6,449.03 and a 200-day moving average price of $6,663.09. NVR, Inc. has a fifty-two week low of $5,501.01 and a fifty-two week high of $8,618.28. The stock has a market capitalization of $16.97 billion, a PE ratio of 16.54, a PEG ratio of 10.38 and a beta of 0.91.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. The company had revenue of $2.34 billion during 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%. NVR’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $108.54 earnings per share. Equities analysts predict that NVR, Inc. will post 371.98 earnings per share for the current fiscal year.

NVR Profile

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.