207 Shares in NVR, Inc. (NYSE:NVR) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in NVR, Inc. (NYSE:NVR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 207 shares of the construction company’s stock, valued at approximately $1,693,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Private Trust Co. NA increased its stake in shares of NVR by 66.7% in the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after buying an additional 2 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in NVR in the 3rd quarter valued at about $49,000. EverSource Wealth Advisors LLC increased its position in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock valued at $41,000 after acquiring an additional 3 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of NVR during the third quarter worth approximately $59,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of NVR by 75.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock worth $57,000 after purchasing an additional 3 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Transactions at NVR

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. UBS Group boosted their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, NVR currently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

NVR Trading Down 2.1 %

Shares of NYSE NVR opened at $7,163.11 on Monday. The company’s 50 day simple moving average is $7,514.50 and its 200 day simple moving average is $8,487.31. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. NVR, Inc. has a fifty-two week low of $7,015.00 and a fifty-two week high of $9,964.77. The firm has a market capitalization of $21.27 billion, a P/E ratio of 14.11, a P/E/G ratio of 2.39 and a beta of 1.25.

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

NVR declared that its Board of Directors has authorized a share repurchase program on Wednesday, December 11th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

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.