2,090 Shares in NVR, Inc. $NVR Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. bought a new position in shares of NVR, Inc. (NYSE:NVR) in the fourth quarter, HoldingsChannel reports. The firm bought 2,090 shares of the construction company’s stock, valued at approximately $15,242,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fideuram Asset Management Ireland dac bought a new position in shares of NVR during the fourth quarter worth $705,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of NVR during the fourth quarter worth $3,989,000. Moors & Cabot Inc. boosted its position in shares of NVR by 8.3% during the fourth quarter. Moors & Cabot Inc. now owns 65 shares of the construction company’s stock worth $474,000 after acquiring an additional 5 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of NVR by 48.2% during the fourth quarter. Intech Investment Management LLC now owns 169 shares of the construction company’s stock worth $1,232,000 after acquiring an additional 55 shares during the last quarter. Finally, Newport Capital Group LLC bought a new position in shares of NVR during the fourth quarter worth $106,372,000. Institutional investors own 83.67% of the company’s stock.

Insider Transactions at NVR

In other NVR news, Director Michael J. Devito purchased 11 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were bought at an average price of $6,699.50 per share, with a total value of $73,694.50. Following the completion of the purchase, the director directly owned 25 shares in the company, valued at $167,487.50. This trade represents a 78.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 8.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. BTIG Research restated a “buy” rating and set a $8,096.00 target price on shares of NVR in a research report on Wednesday, April 22nd. Seaport Research Partners reaffirmed a “sell” rating and set a $5,664.00 price target on shares of NVR in a research note on Tuesday, April 7th. Weiss Ratings downgraded shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Truist Financial decreased their price target on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Finally, Bank of America decreased their price target on shares of NVR from $8,600.00 to $8,225.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NVR has a consensus rating of “Hold” and a consensus price target of $7,649.33.

NVR Price Performance

NVR stock opened at $6,102.06 on Monday. The company has a market cap of $16.48 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 4.50 and a beta of 0.93. The firm’s fifty day moving average is $6,362.93 and its 200 day moving average is $7,046.53. The company has a quick ratio of 2.67, a current ratio of 5.19 and a debt-to-equity ratio of 0.26. NVR, Inc. has a 52-week low of $5,501.01 and a 52-week high of $8,618.28.

NVR (NYSE:NVR) last released its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.09 billion. NVR had a net margin of 12.93% and a return on equity of 32.66%. NVR’s revenue for the quarter was down 21.7% compared to the same quarter last year. During the same period in the previous year, the company earned $94.83 EPS. Sell-side analysts forecast that NVR, Inc. will post 375.15 EPS for the current fiscal year.

NVR announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 11th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to buy up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

NVR Profile

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.