NVR Inc. (NYSE:NVR)’s share price reached a new 52-week high on Friday . The stock traded as high as $1,822.43 and last traded at $1,813.02, with a volume of 14,301 shares trading hands. The stock had previously closed at $1,788.20.

Several research firms have weighed in on NVR. Credit Suisse Group AG restated a “sell” rating on shares of NVR in a report on Tuesday, June 28th. Zacks Investment Research lowered NVR from a “buy” rating to a “hold” rating in a report on Friday, May 20th. Finally, Sterne Agee CRT restated a “neutral” rating on shares of NVR in a report on Monday, May 16th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $1,650.80.

The company has a 50-day moving average price of $1,724.75 and a 200-day moving average price of $1,667.22. The firm has a market cap of $7.14 billion and a price-to-earnings ratio of 18.94.

NVR (NYSE:NVR) last announced its quarterly earnings results on Thursday, April 21st. The company reported $15.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.96 by $0.83. During the same period last year, the firm earned $9.22 EPS. The firm earned $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. NVR’s quarterly revenue was up 19.5% on a year-over-year basis. Equities research analysts predict that NVR Inc. will post $108.79 EPS for the current fiscal year.

In related news, Director Alfred E. Festa sold 1,592 shares of the company’s stock in a transaction on Friday, May 6th. The shares were sold at an average price of $1,625.00, for a total value of $2,587,000.00. Following the completion of the transaction, the director now directly owns 2,413 shares of the company’s stock, valued at approximately $3,921,125. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Melquiades R. Martinez sold 50 shares of the company’s stock in a transaction on Monday, April 25th. The stock was sold at an average price of $1,673.78, for a total transaction of $83,689.00. Following the completion of the transaction, the director now directly owns 131 shares of the company’s stock, valued at $219,265.18. The disclosure for this sale can be found here.

A number of institutional investors recently made changes to their positions in NVR. Robeco Institutional Asset Management B.V. raised its position in shares of NVR by 441.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 8,351 shares of the company’s stock worth $13,719,000 after buying an additional 6,808 shares during the last quarter. Winton Capital Group Ltd raised its position in shares of NVR by 4.9% in the fourth quarter. Winton Capital Group Ltd now owns 22,881 shares of the company’s stock worth $37,593,000 after buying an additional 1,076 shares during the last quarter. Old Mutual Global Investors UK Ltd. raised its position in shares of NVR by 52.3% in the fourth quarter. Old Mutual Global Investors UK Ltd. now owns 6,914 shares of the company’s stock worth $11,359,000 after buying an additional 2,374 shares during the last quarter. Artemis Investment Management LLP raised its position in shares of NVR by 64.3% in the fourth quarter. Artemis Investment Management LLP now owns 9,530 shares of the company’s stock worth $15,650,000 after buying an additional 3,730 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT raised its position in shares of NVR by 143.5% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 1,527 shares of the company’s stock worth $2,509,000 after buying an additional 900 shares during the last quarter.

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company also operates a mortgage banking and title services business through its wholly owned subsidiary, NVR Mortgage Finance, Inc (NVRM). The Company provides single-family detached homes, townhomes and condominium buildings with basic home designs.

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