Roundview Capital LLC Purchases 41 Shares of NVR, Inc. (NYSE:NVR)

Roundview Capital LLC increased its position in NVR, Inc. (NYSE:NVR - Free Report) by 7.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 621 shares of the construction company's stock after buying an additional 41 shares during the quarter. Roundview Capital LLC's holdings in NVR were worth $4,499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of NVR. JDM Financial Group LLC purchased a new position in NVR in the 4th quarter worth approximately $25,000. Olde Wealth Management LLC purchased a new position in NVR in the 1st quarter worth approximately $36,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in NVR in the 1st quarter worth approximately $36,000. CX Institutional purchased a new position in NVR in the 1st quarter worth approximately $43,000. Finally, Franchise Capital Ltd purchased a new position in NVR in the 1st quarter worth approximately $51,000. Institutional investors own 83.67% of the company's stock.

NVR Stock Performance

NVR stock traded up $2.49 during mid-day trading on Friday, reaching $7,791.88. 12,653 shares of the stock traded hands, compared to its average volume of 23,855. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.37 and a quick ratio of 3.02. The business's 50-day moving average is $7,334.98 and its 200-day moving average is $7,394.23. The stock has a market capitalization of $22.78 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 8.87 and a beta of 0.99. 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 released its earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping the consensus estimate 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 36.67% and a net margin of 14.68%. The firm's revenue was down .5% on a year-over-year basis. During the same quarter last year, the business posted $120.69 earnings per share. As a group, sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its board has initiated a stock repurchase plan on Tuesday, May 6th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NVR shares. UBS Group boosted their target price on NVR from $7,900.00 to $8,150.00 and gave the company a "neutral" rating in a research note on Thursday. Wall Street Zen cut NVR from a "hold" rating to a "sell" rating in a research note on Monday, June 30th. Finally, JPMorgan Chase & Co. boosted their target price on NVR from $7,200.00 to $7,600.00 and gave the company a "neutral" rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $8,783.33.

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.