NVR, Inc. (NYSE:NVR) Stake Boosted by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. increased its holdings in NVR, Inc. (NYSE:NVR) by 13.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33 shares of the construction company’s stock after purchasing an additional 4 shares during the period. Stegent Equity Advisors Inc.’s holdings in NVR were worth $270,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. bought a new stake in NVR in the third quarter worth $39,000. Rakuten Securities Inc. bought a new stake in NVR in the third quarter worth $39,000. Private Trust Co. NA boosted its holdings in NVR by 66.7% in the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock worth $49,000 after purchasing an additional 2 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in NVR in the third quarter worth $49,000. Finally, Quantbot Technologies LP bought a new stake in NVR in the third quarter worth $59,000. 83.67% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the transaction, the director now owns 1,050 shares of the company’s stock, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.00% of the stock is owned by company insiders.

NVR Stock Down 1.9 %

NVR stock opened at $7,192.89 on Thursday. 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 52-week low of $7,015.00 and a 52-week high of $9,964.77. The company has a 50-day moving average of $7,887.25 and a two-hundred day moving average of $8,748.74. The stock has a market capitalization of $21.51 billion, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating analysts’ consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, equities research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its board has initiated a stock buyback program on Wednesday, December 11th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to buy up to 2.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

NVR has been the subject of a number of recent research reports. JPMorgan Chase & Co. decreased 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 report on Wednesday, January 29th. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. UBS Group upped their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $9,356.67.

NVR 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.