A&I Financial Services LLC Makes New $532,000 Investment in NVR, Inc. (NYSE:NVR)

A&I Financial Services LLC acquired a new stake in shares of NVR, Inc. (NYSE:NVR) during the 4th quarter, Holdings Channel reports. The firm acquired 65 shares of the construction company’s stock, valued at approximately $532,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. bought a new position in NVR in the third quarter worth approximately $39,000. Rakuten Securities Inc. bought a new stake in shares of NVR during the 3rd quarter worth $39,000. Private Trust Co. NA raised its position in NVR by 66.7% in the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock worth $49,000 after acquiring an additional 2 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in NVR in the third quarter valued at approximately $49,000. Finally, Quantbot Technologies LP purchased a new position in shares of NVR during the 3rd quarter valued at $59,000. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on NVR. JPMorgan Chase & Co. dropped their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. UBS Group lifted their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Seaport Res Ptn lowered NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

NVR Trading Down 0.4 %

Shares of NVR opened at $7,182.32 on Friday. The stock has a market capitalization of $21.48 billion, a P/E ratio of 14.15, a PEG ratio of 2.39 and a beta of 1.20. NVR, Inc. has a twelve month low of $7,015.00 and a twelve month high of $9,964.77. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $7,868.87 and a two-hundred day simple moving average of $8,737.87.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping analysts’ consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its Board of Directors has approved a stock buyback program on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the transaction, the director now owns 1,050 shares in the company, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 7.00% of the company’s stock.

NVR Company Profile

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.