Susan Williamson Ross Sells 200 Shares of NVR (NYSE:NVR) Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 200 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $8,091.62, for a total transaction of $1,618,324.00. Following the transaction, the director directly owned 386 shares in the company, valued at approximately $3,123,365.32. The trade was a 34.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Susan Williamson Ross also recently made the following trade(s):

• On Wednesday, February 4th, Susan Williamson Ross sold 220 shares of NVR stock. The shares were sold at an average price of $8,000.00, for a total transaction of $1,760,000.00.

NVR Stock Performance

NVR stock opened at $7,996.37 on Friday. NVR, Inc. has a 12-month low of $6,562.85 and a 12-month high of $8,618.28. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. The company has a market capitalization of $22.71 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 2.58 and a beta of 1.03. The firm’s fifty day moving average price is $7,534.57 and its 200 day moving average price is $7,707.14.

NVR (NYSE:NVR) last posted its quarterly earnings data on Wednesday, January 28th. The construction company reported $121.54 earnings per share for the quarter, beating analysts’ consensus estimates of $105.42 by $16.12. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.41 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $139.93 EPS. On average, research analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Institutional Investors Weigh In On NVR

Several institutional investors and hedge funds have recently made changes to their positions in NVR. QRG Capital Management Inc. boosted its position in NVR by 4.2% during the 2nd quarter. QRG Capital Management Inc. now owns 50 shares of the construction company’s stock worth $369,000 after acquiring an additional 2 shares during the last quarter. Evergreen Wealth Management LLC lifted its position in shares of NVR by 1.9% in the second quarter. Evergreen Wealth Management LLC now owns 109 shares of the construction company’s stock worth $801,000 after purchasing an additional 2 shares in the last quarter. Assetmark Inc. boosted its holdings in NVR by 50.0% during the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock worth $44,000 after purchasing an additional 2 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in NVR by 25.0% during the second quarter. Parkside Financial Bank & Trust now owns 10 shares of the construction company’s stock worth $74,000 after purchasing an additional 2 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in NVR by 5.9% in the second quarter. TD Waterhouse Canada Inc. now owns 36 shares of the construction company’s stock valued at $276,000 after purchasing an additional 2 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NVR has been the topic of several analyst reports. Zelman & Associates upgraded NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price objective on the stock in a report on Thursday, January 29th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. BTIG Research began coverage on shares of NVR in a research note on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price target for the company. UBS Group reaffirmed a “neutral” rating and issued a $8,350.00 price target on shares of NVR in a report on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of NVR in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, NVR presently has a consensus rating of “Moderate Buy” and a consensus target price of $8,329.40.

About NVR

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.