Susan Williamson Ross Sells 220 Shares of NVR (NYSE:NVR) Stock

NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross sold 220 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $8,000.00, for a total value of $1,760,000.00. Following the transaction, the director directly owned 386 shares in the company, valued at $3,088,000. This trade represents a 36.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Susan Williamson Ross also recently made the following trade(s):

• On Thursday, February 5th, Susan Williamson Ross sold 200 shares of NVR stock. The shares were sold at an average price of $8,091.62, for a total value of $1,618,324.00.

NVR Price Performance

NVR opened at $7,996.37 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. The stock’s 50 day simple moving average is $7,534.57 and its 200 day simple moving average is $7,708.48. The firm has a market cap of $22.71 billion, a price-to-earnings ratio of 18.29, a PEG ratio of 2.59 and a beta of 1.03. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $8,618.28.

NVR (NYSE:NVR) last announced its quarterly earnings data on Wednesday, January 28th. The construction company reported $121.54 earnings per share for the quarter, beating the consensus estimate of $105.42 by $16.12. NVR had a return on equity of 34.28% and a net margin of 13.27%.The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the company posted $139.93 earnings per share. The business’s revenue was down 5.2% on a year-over-year basis. As a group, analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NVR shares. BTIG Research started coverage on shares of NVR in a research note on Monday, December 1st. They set a “buy” rating and a $9,022.00 price objective for the company. Bank of America lowered their price target on NVR from $9,100.00 to $9,000.00 and set a “buy” rating for the company in a research report on Friday, October 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a report on Thursday, January 22nd. UBS Group reissued a “neutral” rating and set a $8,350.00 target price on shares of NVR in a research note on Thursday, January 29th. Finally, Zelman & Associates raised NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price target for the company in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $8,329.40.

Institutional Trading of NVR

A number of hedge funds have recently modified their holdings of NVR. Oakworth Capital Inc. purchased a new position in NVR during the 4th quarter valued at about $36,000. Blue Trust Inc. grew its holdings in NVR by 150.0% in the second quarter. Blue Trust Inc. now owns 5 shares of the construction company’s stock worth $37,000 after purchasing an additional 3 shares during the period. Assetmark Inc. increased its stake in shares of NVR by 50.0% during the second quarter. Assetmark Inc. now owns 6 shares of the construction company’s stock valued at $44,000 after purchasing an additional 2 shares in the last quarter. State of Wyoming purchased a new position in shares of NVR during the second quarter valued at approximately $44,000. Finally, USA Financial Formulas boosted its position in shares of NVR by 75.0% in the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock worth $51,000 after purchasing an additional 3 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

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.