NVR, Inc. (NYSE:NVR) Chairman Paul C. Saville Sells 500 Shares

NVR, Inc. (NYSE:NVRGet Free Report) Chairman Paul C. Saville sold 500 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $7,392.07, for a total value of $3,696,035.00. Following the sale, the chairman now owns 106,860 shares of the company’s stock, valued at $789,916,600.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

NVR Price Performance

NYSE NVR traded down $66.69 during trading hours on Friday, reaching $7,420.00. 8,192 shares of the stock traded hands, compared to its average volume of 20,541. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.10 and a quick ratio of 3.90. The stock has a 50 day simple moving average of $6,967.43 and a two-hundred day simple moving average of $6,377.95. NVR, Inc. has a 1 year low of $5,000.90 and a 1 year high of $7,497.99. The company has a market cap of $23.67 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 3.57 and a beta of 1.12.

NVR (NYSE:NVRGet Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The construction company reported $121.56 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.61 billion. During the same period in the previous year, the business posted $133.44 EPS. The business’s quarterly revenue was down 10.5% on a year-over-year basis. On average, analysts predict that NVR, Inc. will post 471.75 EPS for the current fiscal year.

NVR declared that its Board of Directors has approved a stock repurchase plan on Thursday, November 9th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to purchase up to 4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Institutional Trading of NVR

A number of institutional investors have recently modified their holdings of NVR. Vanguard Group Inc. raised its position in NVR by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 358,402 shares of the construction company’s stock valued at $2,137,259,000 after purchasing an additional 7,516 shares during the last quarter. BlackRock Inc. lifted its position in shares of NVR by 12.1% in the 2nd quarter. BlackRock Inc. now owns 265,790 shares of the construction company’s stock worth $1,687,930,000 after purchasing an additional 28,676 shares during the period. International Assets Investment Management LLC boosted its stake in shares of NVR by 626,255.3% during the 4th quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company’s stock valued at $1,666,212,000 after purchasing an additional 237,977 shares in the last quarter. State Street Corp increased its position in shares of NVR by 7.5% during the second quarter. State Street Corp now owns 136,702 shares of the construction company’s stock valued at $868,142,000 after buying an additional 9,556 shares during the period. Finally, Geode Capital Management LLC raised its stake in NVR by 4.6% in the second quarter. Geode Capital Management LLC now owns 71,473 shares of the construction company’s stock worth $452,789,000 after buying an additional 3,129 shares in the last quarter. 84.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NVR shares. Deutsche Bank Aktiengesellschaft raised NVR from a “sell” rating to a “hold” rating and raised their target price for the stock from $4,900.00 to $6,300.00 in a research report on Friday, December 8th. StockNews.com upgraded NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, January 31st.

View Our Latest Analysis on NVR

NVR Company Profile

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for NVR (NYSE:NVR)

Receive News & Ratings for NVR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVR and related companies with MarketBeat.com's FREE daily email newsletter.