82 Shares in NVR, Inc. (NYSE:NVR) Acquired by Unique Wealth Strategies LLC

Unique Wealth Strategies LLC bought a new position in NVR, Inc. (NYSE:NVR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 82 shares of the construction company’s stock, valued at approximately $574,000.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of NVR by 2.1% during the third quarter. Vanguard Group Inc. now owns 358,402 shares of the construction company’s stock valued at $2,137,259,000 after buying an additional 7,516 shares during the period. International Assets Investment Management LLC increased its stake in shares of NVR by 626,255.3% during the fourth quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company’s stock valued at $1,666,212,000 after buying an additional 237,977 shares during the period. Invesco Ltd. increased its stake in shares of NVR by 11.2% during the third quarter. Invesco Ltd. now owns 44,319 shares of the construction company’s stock valued at $264,287,000 after buying an additional 4,468 shares during the period. Smead Capital Management Inc. increased its stake in shares of NVR by 0.7% during the fourth quarter. Smead Capital Management Inc. now owns 39,481 shares of the construction company’s stock valued at $276,385,000 after buying an additional 277 shares during the period. Finally, Northern Trust Corp increased its stake in shares of NVR by 11.4% during the third quarter. Northern Trust Corp now owns 38,518 shares of the construction company’s stock valued at $229,694,000 after buying an additional 3,943 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NVR shares. UBS Group upped their price target on NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a research note on Wednesday. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday.

NVR Stock Down 1.0 %

Shares of NYSE NVR traded down $77.96 during trading on Friday, reaching $7,647.04. The company had a trading volume of 24,587 shares, compared to its average volume of 17,901. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,211.40. The stock has a market cap of $24.47 billion, a PE ratio of 15.94, a P/E/G ratio of 3.17 and a beta of 1.13. The business’s 50-day moving average is $7,741.99 and its 200 day moving average is $6,982.80. The company has a quick ratio of 3.90, a current ratio of 6.52 and a debt-to-equity ratio of 0.21.

NVR (NYSE:NVR) last released its earnings results on Tuesday, April 23rd. The construction company reported $116.41 EPS for the quarter, topping analysts’ consensus estimates of $103.97 by $12.44. NVR had a return on equity of 38.54% and a net margin of 17.33%. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the firm posted $99.89 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. As a group, equities analysts forecast that NVR, Inc. will post 494.66 earnings per share for the current fiscal year.

NVR declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 14th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at NVR

In other news, Chairman Paul C. Saville sold 250 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $7,611.03, for a total value of $1,902,757.50. Following the sale, the chairman now directly owns 106,860 shares of the company’s stock, valued at $813,314,665.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CAO Matthew B. Kelpy sold 100 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $7,615.00, for a total transaction of $761,500.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,751,450. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Paul C. Saville sold 250 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $7,611.03, for a total value of $1,902,757.50. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at $813,314,665.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,981 shares of company stock valued at $59,155,947. Insiders own 7.00% of the company’s stock.

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.