NVR, Inc. (NYSE:NVR) Shares Bought by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. raised its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 70.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 493 shares of the construction company's stock after acquiring an additional 204 shares during the period. NVR accounts for about 3.1% of Braun Bostich & Associates Inc.'s holdings, making the stock its 10th biggest position. Braun Bostich & Associates Inc.'s holdings in NVR were worth $3,451,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. American Century Companies Inc. increased its holdings in shares of NVR by 4.5% during the 1st quarter. American Century Companies Inc. now owns 534 shares of the construction company's stock worth $2,386,000 after buying an additional 23 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of NVR by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 438 shares of the construction company's stock worth $1,957,000 after buying an additional 27 shares during the last quarter. Yousif Capital Management LLC increased its holdings in shares of NVR by 2.1% during the 1st quarter. Yousif Capital Management LLC now owns 533 shares of the construction company's stock worth $2,381,000 after buying an additional 11 shares during the last quarter. Raymond James Trust N.A. increased its holdings in shares of NVR by 8.6% during the 1st quarter. Raymond James Trust N.A. now owns 88 shares of the construction company's stock worth $393,000 after buying an additional 7 shares during the last quarter. Finally, Prudential PLC acquired a new stake in shares of NVR during the 1st quarter worth $357,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Stock Performance

NVR traded up $113.03 on Thursday, hitting $7,771.16. 14,891 shares of the company's stock were exchanged, compared to its average volume of 18,733. The firm has a market cap of $24.85 billion, a PE ratio of 16.57, a P/E/G ratio of 2.87 and a beta of 1.13. NVR, Inc. has a twelve month low of $5,210.49 and a twelve month high of $8,211.40. The stock has a fifty day moving average of $7,659.08 and a two-hundred day moving average of $6,835.70. The company has a current ratio of 6.10, a quick ratio of 3.90 and a debt-to-equity ratio of 0.21.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The construction company reported $121.56 earnings per share for the quarter, topping the consensus estimate of $121.50 by $0.06. NVR had a net margin of 17.09% and a return on equity of 38.50%. The firm had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the business earned $133.44 earnings per share. NVR's quarterly revenue was down 10.5% on a year-over-year basis. On average, research analysts anticipate that NVR, Inc. will post 497.8 earnings per share for the current fiscal year.

NVR declared that its board has initiated a stock buyback program on Wednesday, February 14th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Separately, StockNews.com downgraded NVR from a "buy" rating to a "hold" rating in a report on Thursday, February 15th.

Insider Activity

In other news, Director Susan Williamson Ross sold 250 shares of NVR stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $7,344.94, for a total transaction of $1,836,235.00. Following the sale, the director now owns 405 shares of the company's stock, valued at $2,974,700.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CFO Daniel David Malzahn sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total transaction of $14,505,660.00. Following the sale, the chief financial officer now owns 13,209 shares of the company's stock, valued at $95,802,631.47. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Susan Williamson Ross sold 250 shares of the business's stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $7,344.94, for a total value of $1,836,235.00. Following the sale, the director now directly owns 405 shares in the company, valued at approximately $2,974,700.70. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,981 shares of company stock valued at $59,155,947. Insiders own 7.00% of the company's stock.

About NVR

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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