Entropy Technologies LP Has $4.89 Million Stake in NVR, Inc. $NVR

Entropy Technologies LP grew its holdings in NVR, Inc. (NYSE:NVR) by 204.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 670 shares of the construction company’s stock after acquiring an additional 450 shares during the period. Entropy Technologies LP’s holdings in NVR were worth $4,886,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in NVR during the 4th quarter worth approximately $11,610,000. Alberta Investment Management Corp acquired a new stake in NVR during the 3rd quarter worth approximately $4,017,000. American Century Companies Inc. lifted its holdings in NVR by 17.0% during the 3rd quarter. American Century Companies Inc. now owns 6,370 shares of the construction company’s stock worth $51,181,000 after purchasing an additional 925 shares during the last quarter. Marshfield Associates lifted its holdings in NVR by 4.7% during the 3rd quarter. Marshfield Associates now owns 25,042 shares of the construction company’s stock worth $201,204,000 after purchasing an additional 1,130 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in NVR by 669.5% during the 4th quarter. SG Americas Securities LLC now owns 4,232 shares of the construction company’s stock worth $30,863,000 after purchasing an additional 3,682 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Michael J. Devito acquired 11 shares of the stock in a transaction on Friday, April 24th. The shares were purchased at an average price of $6,699.50 per share, for a total transaction of $73,694.50. Following the purchase, the director directly owned 25 shares in the company, valued at approximately $167,487.50. The trade was a 78.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 8.60% of the stock is currently owned by company insiders.

NVR Price Performance

NVR stock opened at $6,387.51 on Monday. The stock’s fifty day moving average price is $6,312.62 and its two-hundred day moving average price is $6,977.95. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.19 and a quick ratio of 2.67. The firm has a market cap of $17.25 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 4.69 and a beta of 0.93.

NVR (NYSE:NVR) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $67.76 EPS for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). NVR had a return on equity of 32.66% and a net margin of 12.93%.The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter last year, the business earned $94.83 EPS. NVR’s revenue was down 21.7% on a year-over-year basis. As a group, research analysts expect that NVR, Inc. will post 375.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NVR. Weiss Ratings cut NVR from a “hold (c)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. BTIG Research reissued a “buy” rating and set a $8,096.00 price target on shares of NVR in a report on Wednesday, April 22nd. Seaport Research Partners reissued a “sell” rating and set a $5,664.00 price target on shares of NVR in a report on Tuesday, April 7th. Finally, Truist Financial dropped their price target on NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $7,649.33.

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.