NVR (NYSE:NVR – Free Report) had its price target upped by UBS Group from $8,450.00 to $9,450.00 in a research report released on Wednesday, Benzinga reports. They currently have a neutral rating on the construction company’s stock.
NVR Stock Down 1.3 %
NYSE NVR opened at $9,329.74 on Wednesday. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. The company has a fifty day moving average of $9,401.06 and a two-hundred day moving average of $8,385.46. The firm has a market capitalization of $28.74 billion, a price-to-earnings ratio of 19.07, a PEG ratio of 2.32 and a beta of 1.19. NVR has a 52 week low of $5,326.16 and a 52 week high of $9,964.77.
NVR (NYSE:NVR – Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing the consensus estimate of $131.00 by ($0.50). The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.71 billion. NVR had a return on equity of 38.18% and a net margin of 16.51%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $125.26 earnings per share. On average, analysts predict that NVR will post 500.28 earnings per share for the current year.
Insiders Place Their Bets
Institutional Trading of NVR
A number of large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of NVR by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 418 shares of the construction company’s stock valued at $3,389,000 after purchasing an additional 2 shares during the period. Smith Group Asset Management LLC lifted its stake in NVR by 1.0% in the first quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock worth $1,717,000 after acquiring an additional 2 shares during the period. Valued Wealth Advisors LLC lifted its stake in NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after acquiring an additional 2 shares during the period. Team Hewins LLC lifted its stake in NVR by 5.0% in the first quarter. Team Hewins LLC now owns 42 shares of the construction company’s stock worth $340,000 after acquiring an additional 2 shares during the period. Finally, Empirical Finance LLC lifted its stake in NVR by 1.1% in the first quarter. Empirical Finance LLC now owns 181 shares of the construction company’s stock worth $1,466,000 after acquiring an additional 2 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.
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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