Strata Wealth Advisors LLC Trims Stock Position in NVR, Inc. (NYSE:NVR)

Strata Wealth Advisors LLC decreased its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 38.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145 shares of the construction company's stock after selling 91 shares during the period. Strata Wealth Advisors LLC's holdings in NVR were worth $1,050,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JDM Financial Group LLC purchased a new position in shares of NVR in the 4th quarter worth $25,000. Olde Wealth Management LLC bought a new position in shares of NVR in the 1st quarter valued at about $36,000. EverSource Wealth Advisors LLC lifted its holdings in shares of NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after acquiring an additional 3 shares during the last quarter. CX Institutional bought a new stake in NVR during the first quarter worth approximately $43,000. Finally, Franchise Capital Ltd bought a new stake in NVR during the first quarter worth approximately $51,000. Hedge funds and other institutional investors own 83.67% of the company's stock.

Wall Street Analyst Weigh In

NVR has been the subject of a number of recent research reports. Wall Street Zen cut NVR from a "hold" rating to a "sell" rating in a report on Monday, June 30th. UBS Group dropped their price objective 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 assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $9,023.33.

NVR Trading Down 0.4%

NVR stock traded down $32.18 during midday trading on Monday, reaching $7,600.06. The stock had a trading volume of 18,716 shares, compared to its average volume of 24,101. The company has a quick ratio of 3.02, a current ratio of 5.37 and a debt-to-equity ratio of 0.23. The firm has a market cap of $22.19 billion, a price-to-earnings ratio of 15.64, a price-to-earnings-growth ratio of 4.15 and a beta of 0.99. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77. The company has a fifty day moving average of $7,267.58 and a 200 day moving average of $7,418.19.

NVR (NYSE:NVR - Get Free Report) last released 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 business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

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

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.