United Capital Financial Advisors LLC Invests $763,000 in NVR, Inc. $NVR

United Capital Financial Advisors LLC bought a new stake in NVR, Inc. (NYSE:NVR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 112 shares of the construction company’s stock, valued at approximately $763,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVR. Brighton Jones LLC boosted its position in NVR by 68.9% during the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock worth $622,000 after acquiring an additional 31 shares during the last quarter. Woodline Partners LP grew its stake in NVR by 28.4% during the 1st quarter. Woodline Partners LP now owns 253 shares of the construction company’s stock valued at $1,833,000 after acquiring an additional 56 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in NVR by 100.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10 shares of the construction company’s stock valued at $75,000 after acquiring an additional 5 shares during the last quarter. Cerity Partners LLC raised its holdings in NVR by 7.9% in the 2nd quarter. Cerity Partners LLC now owns 409 shares of the construction company’s stock valued at $3,021,000 after acquiring an additional 30 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in NVR by 3.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 449 shares of the construction company’s stock worth $3,316,000 after purchasing an additional 16 shares in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on NVR shares. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group reduced their price objective on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Weiss Ratings raised NVR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 18th. Bank of America lowered their price objective on NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, Zacks Research upgraded NVR from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $7,224.20.

Insider Transactions at NVR

In other NVR news, Director George Oliver bought 63 shares of NVR stock in a transaction on Friday, August 7th. The shares were bought at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the transaction, the director directly owned 63 shares of the company’s stock, valued at $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 8.60% of the stock is currently owned by company insiders.

NVR Stock Performance

NYSE:NVR opened at $6,413.48 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.28 and a quick ratio of 2.24. The firm has a market capitalization of $17.06 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 10.69 and a beta of 0.91. The company’s 50-day moving average is $6,448.16 and its two-hundred day moving average is $6,553.34. NVR, Inc. has a 1-year low of $5,501.01 and a 1-year high of $8,618.28.

NVR (NYSE:NVR) last announced its quarterly earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. NVR had a net margin of 12.26% and a return on equity of 31.02%. The business’s revenue was down 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $108.54 EPS. Analysts forecast that NVR, Inc. will post 367.13 EPS for the current year.

NVR Company 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.