Capstone Investment Advisors LLC Invests $593,000 in NVR, Inc. $NVR

Capstone Investment Advisors LLC bought a new stake in shares of NVR, Inc. (NYSE:NVR) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 87 shares of the construction company’s stock, valued at approximately $593,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NVR. Clearstead Trust LLC bought a new position in NVR during the second quarter valued at $27,000. DV Equities LLC bought a new stake in shares of NVR in the 4th quarter worth about $29,000. Strive Financial Group LLC bought a new stake in shares of NVR in the 4th quarter worth about $29,000. Trust Co. of Vermont purchased a new position in shares of NVR during the 2nd quarter worth about $34,000. Finally, Global Retirement Partners LLC purchased a new position in shares of NVR during the 2nd quarter worth about $41,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Activity

In other news, Director George Oliver acquired 63 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of $6,431.51 per share, with a total value of $405,185.13. Following the completion of the purchase, the director directly owned 63 shares in the company, valued at $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NVR shares. Zacks Research raised shares of NVR from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 19th. UBS Group dropped their target price on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. BTIG Research set a $7,446.00 target price on NVR in a research note on Friday, July 24th. Truist Financial decreased their price target on NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Finally, Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $7,224.20.

NVR Trading Up 0.8%

Shares of NVR opened at $6,413.48 on Friday. The firm has a market capitalization of $17.06 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 10.64 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.28 and a quick ratio of 2.24. NVR, Inc. has a 1-year low of $5,501.01 and a 1-year high of $8,618.28. The company has a 50-day moving average of $6,448.16 and a 200 day moving average of $6,562.74.

NVR (NYSE:NVR) last issued its earnings results on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. The business had revenue of $2.34 billion for 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 company’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $108.54 EPS. On average, research analysts expect 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.