Virtus ETF Advisers LLC Purchases 25 Shares of NVR, Inc. (NYSE:NVR)

Virtus ETF Advisers LLC grew its position in NVR, Inc. (NYSE:NVR) by 24.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 128 shares of the construction company’s stock after buying an additional 25 shares during the quarter. Virtus ETF Advisers LLC’s holdings in NVR were worth $1,047,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new stake in NVR in the 4th quarter valued at about $3,277,825,000. Norges Bank bought a new stake in shares of NVR during the fourth quarter valued at approximately $295,643,000. JPMorgan Chase & Co. increased its holdings in shares of NVR by 165.8% in the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company’s stock valued at $302,611,000 after purchasing an additional 23,079 shares in the last quarter. Capital Research Global Investors raised its position in NVR by 11.7% in the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company’s stock worth $880,099,000 after purchasing an additional 11,274 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in NVR by 2,599.1% during the 4th quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company’s stock worth $73,512,000 after buying an additional 8,655 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Trading Down 0.9 %

NYSE:NVR opened at $7,084.46 on Friday. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77. The firm has a market capitalization of $21.03 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 2.39 and a beta of 1.07. The business’s 50-day moving average price is $7,200.74 and its two-hundred day moving average price is $8,127.96.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $107.87 by ($13.04). NVR had a net margin of 16.34% and a return on equity of 39.67%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. On average, equities analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NVR has been the subject of several research reports. JPMorgan Chase & Co. lowered their target price on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. UBS Group lowered their price objective on NVR from $8,900.00 to $7,900.00 and set a “neutral” rating for the company in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, NVR currently has a consensus rating of “Hold” and a consensus target price of $9,023.33.

Insider Transactions at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the transaction, the director now directly owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.80% of the stock is owned by insiders.

About NVR

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.