970 Shares in NVR, Inc. $NVR Purchased by Nykredit A S

Key Points

• Nykredit A/S purchased 970 shares of NVR worth approximately $6.6 million during the second quarter. Institutional investors collectively own 83.67% of the homebuilder’s stock.
• NVR shares were trading at $6,196.74, up 0.8%, while the company’s latest quarterly revenue fell 10.5% year over year to $2.34 billion and missed analyst estimates.
• Analyst sentiment remains mixed, with three Buy ratings and four Hold ratings, producing an average rating of Hold and an average price target of $7,224.20.

Nykredit A S purchased a new stake in shares of NVR, Inc. (NYSE:NVR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 970 shares of the construction company's stock, valued at approximately $6,609,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearstead Trust LLC bought a new position in shares of NVR during the second quarter worth $27,000. Trust Co. of Vermont acquired a new position in NVR during the second quarter worth $34,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in NVR during the second quarter valued at approximately $34,000. Global Retirement Partners LLC bought a new position in shares of NVR in the 2nd quarter valued at about $41,000. Finally, Clearstead Advisors LLC boosted its stake in shares of NVR by 75.0% during the 4th quarter. Clearstead Advisors LLC now owns 7 shares of the construction company's stock worth $51,000 after acquiring an additional 3 shares during the period. 83.67% of the stock is owned by institutional investors.

NVR Trading Up 0.8%

Shares of NVR stock opened at $6,196.74 on Tuesday. NVR, Inc. has a 52-week low of $5,501.01 and a 52-week high of $8,200.00. The company has a market capitalization of $16.48 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 10.28 and a beta of 0.91. 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 business's fifty day moving average is $6,324.32 and its 200 day moving average is $6,402.51.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, beating the consensus estimate of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the company earned $108.54 EPS. The company's revenue was down 10.5% on a year-over-year basis. On average, equities research analysts anticipate that NVR, Inc. will post 367.13 EPS for the current fiscal year.

Insider Buying and Selling at NVR

In related news, Director George Oliver bought 63 shares of the stock in a transaction dated Friday, August 7th. The stock was bought at an average price of $6,431.51 per share, with a total value of $405,185.13. Following the purchase, the director owned 63 shares in the company, valued at approximately $405,185.13. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 8.60% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Zelman & Associates upgraded shares of NVR from a "hold" rating to a "buy" rating in a research report on Tuesday, July 7th. BTIG Research set a $7,446.00 price objective on NVR in a research note on Friday, July 24th. Weiss Ratings raised shares of NVR from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, September 14th. Bank of America decreased their price target on shares of 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. Finally, Zacks Research upgraded shares of NVR from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 19th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $7,224.20.

NVR Company Profile

NVR, Inc is a homebuilding and mortgage banking company headquartered in Reston, Virginia. Through its homebuilding operations, the company designs, constructs and sells single-family homes, townhomes and condominiums under the Ryan Homes, NVHomes and Heartland Homes brands.

NVR primarily serves homebuyers in the Mid-Atlantic, Midwest and Southeast regions of the United States. Its communities are developed in a range of suburban and urban markets, with homes generally marketed to first-time, move-up and luxury buyers.

Through its mortgage banking operations, NVR provides mortgage loans and related services to many of the customers who purchase its homes.

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