United Capital Financial Advisors LLC Invests $763,000 in NVR, Inc. $NVR

United Capital Financial Advisors LLC acquired a new position in shares of NVR, Inc. (NYSE:NVR) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 112 shares of the construction company’s stock, valued at approximately $763,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in NVR during the second quarter worth $2,004,324,000. Capital Research Global Investors grew its stake in shares of NVR by 0.4% in the fourth quarter. Capital Research Global Investors now owns 133,554 shares of the construction company’s stock valued at $973,979,000 after buying an additional 551 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of NVR by 407.5% in the fourth quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock valued at $332,346,000 after buying an additional 36,592 shares in the last quarter. Norges Bank purchased a new stake in shares of NVR in the 4th quarter valued at $311,496,000. Finally, Capital World Investors raised its holdings in shares of NVR by 0.3% in the 4th quarter. Capital World Investors now owns 40,703 shares of the construction company’s stock valued at $296,838,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NVR shares. BTIG Research set a $7,446.00 target price on NVR in a research note on Friday, July 24th. Bank of America cut their price target on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. UBS Group reduced their price target on shares of NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Zacks Research raised shares of NVR from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $7,224.20.

NVR Stock Up 0.3%

NVR stock opened at $6,413.48 on Monday. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The stock’s fifty day simple moving average is $6,448.16 and its 200-day simple moving average is $6,553.34. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $17.06 billion, a P/E ratio of 16.63, a P/E/G ratio of 10.69 and a beta of 0.91.

NVR (NYSE:NVR) last released its earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the business posted $108.54 earnings per share. NVR’s revenue was down 10.5% compared to the same quarter last year. As a group, equities analysts expect that NVR, Inc. will post 367.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director George Oliver acquired 63 shares of the business’s stock in a transaction on Friday, August 7th. The shares were bought at an average price of $6,431.51 per share, with a total value of $405,185.13. Following the completion of the acquisition, the director owned 63 shares in the company, valued at $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.60% of the stock is owned by corporate insiders.

NVR Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.