38 Shares in NVR, Inc. $NVR Purchased by Callan Family Office LLC

Key Points

• Callan Family Office LLC purchased a new stake in NVR, Inc. by acquiring 38 shares, valued at approximately $281,000, as reported in their recent Form 13F filing.
• Several institutional investors have increased their holdings in NVR, with Spire Wealth Management raising its stake by 21.2% and Jump Financial LLC increasing theirs by 201.6%.
• NVR's recent quarterly earnings report revealed an EPS of $108.54, exceeding analysts' expectations, despite a 0.5% decline in revenue year-over-year.

Callan Family Office LLC bought a new stake in NVR, Inc. (NYSE:NVR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38 shares of the construction company's stock, valued at approximately $281,000.

Several other large investors also recently bought and sold shares of the business. Spire Wealth Management raised its holdings in NVR by 21.2% during the 1st quarter. Spire Wealth Management now owns 63 shares of the construction company's stock valued at $456,000 after buying an additional 11 shares during the period. Jump Financial LLC increased its position in NVR by 201.6% during the first quarter. Jump Financial LLC now owns 193 shares of the construction company's stock valued at $1,398,000 after acquiring an additional 129 shares during the last quarter. Nomura Holdings Inc. increased its position in NVR by 39.8% during the first quarter. Nomura Holdings Inc. now owns 137 shares of the construction company's stock valued at $992,000 after acquiring an additional 39 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of NVR by 12.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 331 shares of the construction company's stock valued at $2,377,000 after acquiring an additional 36 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of NVR by 5.2% in the 1st quarter. Asset Management One Co. Ltd. now owns 1,275 shares of the construction company's stock worth $9,237,000 after acquiring an additional 63 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Trading Down 0.7%

NYSE:NVR opened at $7,595.15 on Friday. The firm has a 50-day simple moving average of $8,070.87 and a 200-day simple moving average of $7,571.61. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The firm has a market cap of $21.80 billion, a P/E ratio of 16.03, a P/E/G ratio of 10.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.97 and a current ratio of 5.79.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The construction company reported $108.54 earnings per share for the quarter, topping analysts' consensus estimates of $104.89 by $3.65. The firm had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.46 billion. NVR had a return on equity of 37.35% and a net margin of 14.68%.The firm's quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $120.69 EPS. Equities analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Alexandra A. Jung sold 200 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the sale, the director owned 75 shares in the company, valued at $606,183. This represents a 72.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $7,850.28, for a total value of $981,285.00. Following the sale, the director directly owned 386 shares in the company, valued at approximately $3,030,208.08. This trade represents a 24.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 975 shares of company stock valued at $7,869,360. 7.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of NVR from $7,200.00 to $7,600.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. UBS Group increased their price target on NVR from $7,900.00 to $8,150.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Weiss Ratings restated a "hold (c+)" rating on shares of NVR in a report on Wednesday, October 8th. Finally, Bank of America reduced their target price on NVR from $9,100.00 to $9,000.00 and set a "buy" rating on the stock in a research note on Friday, October 10th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $8,250.00.

NVR 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.

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