Markel Group Inc. Purchases 70 Shares of NVR, Inc. (NYSE:NVR)

Markel Group Inc. lifted its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 0.6% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,884 shares of the construction company's stock after buying an additional 70 shares during the quarter. Markel Group Inc. owned approximately 0.40% of NVR worth $86,092,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of NVR by 68.9% in the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company's stock valued at $622,000 after acquiring an additional 31 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in NVR during the 4th quarter valued at approximately $401,000. EverSource Wealth Advisors LLC lifted its holdings in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after purchasing an additional 3 shares in the last quarter. Cibc World Markets Corp lifted its holdings in NVR by 13.5% in the 4th quarter. Cibc World Markets Corp now owns 497 shares of the construction company's stock worth $4,065,000 after purchasing an additional 59 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in NVR by 8.0% in the 4th quarter. Signaturefd LLC now owns 27 shares of the construction company's stock worth $221,000 after purchasing an additional 2 shares during the period. Institutional investors own 83.67% of the company's stock.

NVR Price Performance

Shares of NVR stock opened at $7,447.87 on Friday. The firm has a market cap of $21.75 billion, a PE ratio of 15.33, a PEG ratio of 4.02 and a beta of 0.99. The stock has a 50 day moving average of $7,294.08 and a 200 day moving average of $7,407.95. The company has a current ratio of 5.37, a quick ratio of 3.02 and a debt-to-equity ratio of 0.23. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a net margin of 15.33% and a return on equity of 38.32%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, research analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its board has authorized a share repurchase program on Tuesday, May 6th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on NVR shares. Wall Street Zen cut shares of NVR from a "hold" rating to a "sell" rating in a research report on Monday, June 30th. UBS Group cut their target price on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $9,023.33.

NVR Company 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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