331 Shares in NVR, Inc. $NVR Purchased by Pure Financial Advisors LLC

Pure Financial Advisors LLC acquired a new position in NVR, Inc. (NYSE:NVR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 331 shares of the construction company’s stock, valued at approximately $2,255,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in NVR by 0.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company’s stock valued at $3,099,000 after purchasing an additional 2 shares during the last quarter. International Assets Investment Management LLC increased its position in NVR by 3.9% in the fourth quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock worth $387,000 after buying an additional 2 shares during the last quarter. Ballentine Partners LLC increased its position in NVR by 4.9% in the fourth quarter. Ballentine Partners LLC now owns 43 shares of the construction company’s stock worth $314,000 after buying an additional 2 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs raised its stake in shares of NVR by 1.6% in the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 127 shares of the construction company’s stock valued at $926,000 after buying an additional 2 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of NVR by 28.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9 shares of the construction company’s stock valued at $67,000 after buying an additional 2 shares during the period. 83.67% of the stock is owned by institutional investors.

Insider Transactions at NVR

In related news, Director George Oliver bought 63 shares of the company’s stock in a transaction on Friday, August 7th. The stock was acquired at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the transaction, the director directly owned 63 shares in the company, valued at $405,185.13. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 8.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

NVR has been the subject of several research reports. Bank of America cut their price target on NVR from $7,600.00 to $7,200.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Zacks Research raised shares of NVR from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded shares of NVR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 18th. Finally, Truist Financial lowered their target price on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $7,224.20.

NVR Price Performance

Shares of NYSE NVR opened at $6,365.53 on Thursday. The stock’s 50-day simple moving average is $6,451.89 and its two-hundred day simple moving average is $6,575.30. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The firm has a market capitalization of $16.93 billion, a P/E ratio of 16.51, a P/E/G ratio of 10.75 and a beta of 0.91. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping the consensus estimate of $0.90 by $83.06. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%.NVR’s revenue was down 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $108.54 earnings per share. As a group, equities analysts anticipate that NVR, Inc. will post 367.13 EPS 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.