NVR, Inc. (NYSE:NVR) Stake Cut by Capital Analysts LLC

Capital Analysts LLC cut its position in shares of NVR, Inc. (NYSE:NVR) by 10.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18 shares of the construction company’s stock after selling 2 shares during the quarter. Capital Analysts LLC’s holdings in NVR were worth $126,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Pacific Financial bought a new stake in NVR in the third quarter valued at $30,000. Clear Street Markets LLC lifted its stake in NVR by 133.3% in the first quarter. Clear Street Markets LLC now owns 7 shares of the construction company’s stock valued at $39,000 after buying an additional 4 shares during the last quarter. Allworth Financial LP lifted its stake in NVR by 100.0% in the fourth quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after buying an additional 4 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in NVR in the second quarter valued at $64,000. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH bought a new stake in NVR in the third quarter valued at $78,000. 83.67% of the stock is currently owned by institutional investors.

NVR Price Performance

Shares of NVR opened at $7,718.27 on Friday. The firm has a market capitalization of $24.70 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 2.79 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.90 and a current ratio of 6.10. NVR, Inc. has a one year low of $5,210.49 and a one year high of $8,211.40. The stock’s fifty day moving average is $7,708.72 and its 200-day moving average is $6,903.36.

NVR (NYSE:NVR) last issued its quarterly earnings results on Tuesday, January 30th. The construction company reported $121.56 EPS for the quarter, beating analysts’ consensus estimates of $121.50 by $0.06. The company had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.61 billion. NVR had a return on equity of 38.50% and a net margin of 17.09%. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same period last year, the company earned $133.44 earnings per share. Equities analysts anticipate that NVR, Inc. will post 499.45 EPS for the current year.

NVR declared that its board has authorized a share buyback plan on Wednesday, February 14th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 3.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, CAO Matthew B. Kelpy sold 100 shares of NVR stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $7,615.00, for a total transaction of $761,500.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,751,450. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CAO Matthew B. Kelpy sold 100 shares of NVR stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $7,615.00, for a total transaction of $761,500.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,751,450. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Paul C. Saville sold 250 shares of NVR stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $7,611.03, for a total value of $1,902,757.50. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at $813,314,665.80. The disclosure for this sale can be found here. Insiders have sold a total of 7,981 shares of company stock valued at $59,155,947 over the last three months. Company insiders own 7.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a report on Thursday, February 15th.

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.