NVR, Inc. (NYSE:NVR) Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. increased its stake in shares of NVR, Inc. (NYSE:NVR) by 31.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46 shares of the construction company’s stock after purchasing an additional 11 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in NVR were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its holdings 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 worth $1,666,212,000 after buying an additional 237,977 shares in the last quarter. Unison Advisors LLC acquired a new position in NVR in the 4th quarter valued at $2,345,000. AIA Group Ltd lifted its stake in shares of NVR by 15.6% during the 4th quarter. AIA Group Ltd now owns 311 shares of the construction company’s stock worth $2,177,000 after purchasing an additional 42 shares during the period. ING Groep NV boosted its holdings in shares of NVR by 21.5% during the third quarter. ING Groep NV now owns 3,810 shares of the construction company’s stock worth $22,720,000 after purchasing an additional 675 shares during the last quarter. Finally, Fortis Capital Management LLC grew its position in shares of NVR by 6.8% in the third quarter. Fortis Capital Management LLC now owns 219 shares of the construction company’s stock valued at $1,307,000 after purchasing an additional 14 shares during the period. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Price Performance

Shares of NVR stock opened at $7,754.42 on Wednesday. The stock has a market capitalization of $24.58 billion, a P/E ratio of 16.16, a PEG ratio of 3.20 and a beta of 1.13. The company has a current ratio of 6.52, a quick ratio of 3.97 and a debt-to-equity ratio of 0.21. The business’s fifty day moving average price is $7,750.82 and its 200 day moving average price is $7,076.55. NVR, Inc. has a twelve month low of $5,210.49 and a twelve month high of $8,211.40.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, April 23rd. The construction company reported $116.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $103.97 by $12.44. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.25 billion. NVR had a net margin of 17.33% and a return on equity of 38.54%. The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $99.89 EPS. As a group, research analysts anticipate that NVR, Inc. will post 487.53 earnings per share for the current year.

NVR announced that its Board of Directors has initiated a share buyback program 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 programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity

In related news, CFO Daniel David Malzahn sold 479 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $7,340.01, for a total transaction of $3,515,864.79. Following the completion of the sale, the chief financial officer now directly owns 13,682 shares of the company’s stock, valued at approximately $100,426,016.82. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director David A. Preiser sold 500 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $7,586.21, for a total transaction of $3,793,105.00. Following the transaction, the director now directly owns 239 shares of the company’s stock, valued at $1,813,104.19. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Daniel David Malzahn sold 479 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $7,340.01, for a total transaction of $3,515,864.79. Following the sale, the chief financial officer now directly owns 13,682 shares of the company’s stock, valued at $100,426,016.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,781 shares of company stock valued at $43,282,357. Company insiders own 7.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on NVR shares. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. UBS Group raised their target price on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th.

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.