NVR, Inc. (NYSE:NVR) has received a consensus recommendation of “Buy” from the eight brokerages that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $3,282.33.

A number of analysts have recently weighed in on the company. Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. Zacks Investment Research downgraded NVR from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. UBS Group AG assumed coverage on NVR in a research report on Wednesday, October 25th. They set a “neutral” rating and a $3,450.00 target price for the company. MKM Partners reiterated a “neutral” rating on shares of NVR in a research report on Tuesday, September 5th. Finally, ValuEngine upgraded NVR from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

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In related news, Director Eddie Arthur Grier sold 165 shares of the company’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $2,682.26, for a total transaction of $442,572.90. Following the completion of the sale, the director now directly owns 340 shares in the company, valued at approximately $911,968.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Timothy M. Donahue sold 326 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $3,266.87, for a total value of $1,064,999.62. Following the sale, the director now owns 844 shares of the company’s stock, valued at $2,757,238.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,440 shares of company stock valued at $17,651,161. 11.30% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of NVR. Prudential Financial Inc. increased its stake in shares of NVR by 16.0% in the second quarter. Prudential Financial Inc. now owns 40,440 shares of the construction company’s stock valued at $97,485,000 after buying an additional 5,580 shares during the period. Birinyi Associates Inc. acquired a new stake in shares of NVR in the second quarter valued at about $1,005,000. Andra AP fonden acquired a new stake in shares of NVR in the second quarter valued at about $4,797,000. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of NVR by 1.6% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 42,434 shares of the construction company’s stock valued at $102,292,000 after buying an additional 683 shares during the period. Finally, Pacer Advisors Inc. increased its stake in shares of NVR by 18.2% in the second quarter. Pacer Advisors Inc. now owns 577 shares of the construction company’s stock valued at $1,391,000 after buying an additional 89 shares during the period. 78.85% of the stock is owned by institutional investors and hedge funds.

NVR (NYSE:NVR) opened at $3,417.22 on Thursday. The company has a quick ratio of 1.44, a current ratio of 3.60 and a debt-to-equity ratio of 0.36. NVR has a 1-year low of $1,570.00 and a 1-year high of $3,421.90. The company has a market capitalization of $12,629.50, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 1.55 and a beta of 0.74.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, October 19th. The construction company reported $38.02 EPS for the quarter, beating analysts’ consensus estimates of $35.77 by $2.25. NVR had a return on equity of 38.23% and a net margin of 9.22%. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the firm posted $28.46 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. equities research analysts predict that NVR will post 146.44 earnings per share for the current year.

NVR Company Profile

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).

Analyst Recommendations for NVR (NYSE:NVR)

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