Allworth Financial LP Has $56,000 Stock Position in NVR, Inc. (NYSE:NVR)

Allworth Financial LP boosted its holdings in shares of NVR, Inc. (NYSE:NVR) by 100.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8 shares of the construction company’s stock after buying an additional 4 shares during the period. Allworth Financial LP’s holdings in NVR were worth $56,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of NVR. International Assets Investment Management LLC raised its position in 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. Norges Bank acquired a new position in NVR during the fourth quarter valued at $138,433,000. Artisan Partners Limited Partnership acquired a new position in NVR in the 3rd quarter worth about $62,370,000. AQR Capital Management LLC increased its position in NVR by 91.9% in the 1st quarter. AQR Capital Management LLC now owns 17,131 shares of the construction company’s stock worth $92,948,000 after purchasing an additional 8,202 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in NVR by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 358,402 shares of the construction company’s stock worth $2,137,259,000 after purchasing an additional 7,516 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVR

In other news, Director Susan Williamson Ross sold 250 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $7,344.94, for a total transaction of $1,836,235.00. Following the completion of the sale, the director now owns 405 shares in the company, valued at approximately $2,974,700.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Susan Williamson Ross sold 250 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $7,344.94, for a total transaction of $1,836,235.00. Following the completion of the sale, the director now owns 405 shares in the company, valued at approximately $2,974,700.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Daniel David Malzahn sold 2,000 shares of the company’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total value of $14,505,660.00. Following the sale, the chief financial officer now owns 13,209 shares of the company’s stock, valued at approximately $95,802,631.47. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,981 shares of company stock worth $59,155,947. 7.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a research report on Thursday, February 15th.

NVR Stock Performance

Shares of NVR stock opened at $7,817.98 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.10 and a quick ratio of 3.90. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $8,211.40. The stock’s 50-day moving average is $7,680.63 and its two-hundred day moving average is $6,861.79. The firm has a market cap of $25.02 billion, a P/E ratio of 16.88, a PEG ratio of 2.83 and a beta of 1.13.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, January 30th. The construction company reported $121.56 earnings per share for the quarter, topping the consensus estimate of $121.50 by $0.06. The company had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.61 billion. NVR had a return on equity of 38.50% and a net margin of 17.09%. The business’s revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $133.44 EPS. Analysts predict that NVR, Inc. will post 497.8 earnings per share for the current fiscal year.

NVR announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 14th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.