Evergreen Capital Management LLC Boosts Holdings in NVR, Inc. $NVR

Evergreen Capital Management LLC increased its holdings in NVR, Inc. (NYSE:NVR) by 1,300.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 350 shares of the construction company’s stock after buying an additional 325 shares during the quarter. Evergreen Capital Management LLC’s holdings in NVR were worth $2,552,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NVR. State of Wyoming purchased a new stake in NVR in the second quarter worth about $44,000. USA Financial Formulas lifted its position in shares of NVR by 75.0% during the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock valued at $51,000 after buying an additional 3 shares in the last quarter. Zions Bancorporation National Association UT grew its stake in shares of NVR by 600.0% during the 3rd quarter. Zions Bancorporation National Association UT now owns 7 shares of the construction company’s stock valued at $56,000 after acquiring an additional 6 shares during the period. Fulcrum Asset Management LLP bought a new position in shares of NVR during the 3rd quarter valued at approximately $56,000. Finally, MUFG Securities EMEA plc bought a new position in shares of NVR during the 2nd quarter valued at approximately $66,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR News Roundup

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Strong corporate fundamentals that can cushion volatility: NVR still shows a low debt-to-equity ratio (~0.24) and a high return on equity (reported ~34.3%), supporting longer-term earnings resilience. (Background data)
• Neutral Sentiment: Analyst coverage remains mixed — some firms maintain lofty targets (median target recently near $7,675) while others changed views; Bank of America updated its target recently. Bank of America Lowers NVR Price Target
• Negative Sentiment: Q1 earnings and revenue missed expectations: EPS $67.76 vs. consensus around $78–80; consolidated revenue roughly $1.83–1.91B, about a 21–22% decline year-over-year, below analyst estimates. Q1 Release
• Negative Sentiment: Operational drivers behind the miss: homebuilding settlements fell ~22% (to ~4,015 units), gross margin compressed to ~19.6% from 21.9% (pricing pressure, higher lot costs), and mortgage closed loan production dropped ~27% — all hurt top- and bottom-line performance. Quiver Quant Analysis
• Negative Sentiment: Analyst and model revisions: research shops (e.g., Zacks) trimmed near-term EPS forecasts ahead of the print and after, which increases the risk of further downgrades or target cuts if margins don’t rebound. Zacks Coverage
• Negative Sentiment: Insider and institutional flows add to near-term selling pressure: several insiders sold shares recently and some large institutions materially reduced positions in prior quarters, which can amplify downside on disappointing results. Quiver Quant Insider/HF Data

NVR Price Performance

Shares of NYSE:NVR opened at $6,612.24 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. NVR, Inc. has a 1-year low of $6,301.02 and a 1-year high of $8,618.28. The company has a market capitalization of $18.37 billion, a P/E ratio of 15.12, a P/E/G ratio of 3.13 and a beta of 1.07. The firm’s 50 day simple moving average is $6,919.26 and its two-hundred day simple moving average is $7,303.19.

NVR (NYSE:NVR) last posted its quarterly earnings results on Wednesday, April 22nd. The construction company reported $67.76 EPS for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21). NVR had a return on equity of 34.28% and a net margin of 13.27%.The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the prior year, the firm posted $94.83 earnings per share. The firm’s revenue for the quarter was down 21.7% on a year-over-year basis. Research analysts expect that NVR, Inc. will post 402.87 EPS for the current fiscal year.

NVR declared that its board has approved a share buyback program on Wednesday, February 11th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 3.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Susan Williamson Ross sold 220 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was 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 of the company’s stock, valued at approximately $3,088,000. The trade was a 36.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Matthew B. Kelpy sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $8,100.00, for a total value of $4,050,000.00. Following the completion of the transaction, the chief accounting officer directly owned 208 shares in the company, valued at approximately $1,684,800. This represents a 70.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,120 shares of company stock worth $9,012,736. 8.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NVR. Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a research note on Thursday, January 22nd. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Zelman & Associates raised shares of NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price target on the stock in a report on Thursday, January 29th. UBS Group set a $8,100.00 price target on shares of NVR in a report on Friday, February 13th. Finally, Seaport Research Partners reaffirmed a “sell” rating and set a $5,664.00 price target on shares of NVR in a report on Tuesday, April 7th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, NVR presently has an average rating of “Hold” and an average target price of $7,799.33.

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.