NVR (NYSE:NVR) Lowered to "Sell" Rating by Wall Street Zen

NVR (NYSE:NVR - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued to investors on Saturday.

Separately, UBS Group reduced 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 report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $9,023.33.

NVR Price Performance

NYSE:NVR opened at $7,216.34 on Friday. The stock has a market capitalization of $21.10 billion, a PE ratio of 14.22, a P/E/G ratio of 2.39 and a beta of 0.99. NVR has a 1-year low of $6,562.85 and a 1-year high of $9,964.77. The firm has a fifty day simple moving average of $7,150.07 and a 200 day simple moving average of $7,617.35. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a net margin of 16.34% and a return on equity of 39.67%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. On average, research analysts expect that NVR will post 505.2 EPS for the current fiscal year.

NVR declared that its Board of Directors has approved a share repurchase plan on Tuesday, May 6th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NVR. Proficio Capital Partners LLC acquired a new position in shares of NVR in the fourth quarter valued at about $3,277,825,000. Vanguard Group Inc. boosted its holdings in NVR by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company's stock valued at $2,800,946,000 after purchasing an additional 1,147 shares during the period. GAMMA Investing LLC boosted its holdings in NVR by 838,726.3% in the 1st quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company's stock valued at $1,154,589,000 after purchasing an additional 159,358 shares during the period. Capital Research Global Investors grew its position in shares of NVR by 11.7% during the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock worth $880,099,000 after purchasing an additional 11,274 shares in the last quarter. Finally, Boston Partners increased its holdings in shares of NVR by 14.0% during the first quarter. Boston Partners now owns 59,077 shares of the construction company's stock worth $427,962,000 after purchasing an additional 7,233 shares during the period. Institutional investors own 83.67% of the company's stock.

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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