By otakuyassine3@gmail.com 
Stephens Inc. AR cut its position in NVR, Inc. (NYSE:NVR – Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,812 shares of the construction company’s stock after selling 37 shares during the quarter. Stephens Inc. AR owned approximately 0.06% of NVR worth $14,820,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Empirical Finance LLC boosted its stake in NVR by 2.0% during the 4th quarter. Empirical Finance LLC now owns 103 shares of the construction company’s stock worth $842,000 after purchasing an additional 2 shares during the period. Moloney Securities Asset Management LLC boosted its stake in shares of NVR by 22.3% during the fourth quarter. Moloney Securities Asset Management LLC now owns 148 shares of the construction company’s stock worth $1,210,000 after buying an additional 27 shares during the period. Wilmington Savings Fund Society FSB grew its holdings in shares of NVR by 60.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 8 shares of the construction company’s stock worth $65,000 after buying an additional 3 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in NVR by 4,400.0% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 675 shares of the construction company’s stock valued at $5,521,000 after acquiring an additional 660 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in NVR by 17.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 370 shares of the construction company’s stock valued at $3,026,000 after acquiring an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on NVR shares. Bank of America lowered their target price on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. UBS Group lifted their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. cut their price target on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NVR presently has an average rating of “Hold” and a consensus price target of $9,356.67.
Check Out Our Latest Analysis on NVR
NVR Stock Performance
Shares of NVR opened at $7,560.51 on Friday. The company has a market capitalization of $23.14 billion, a PE ratio of 14.90, a P/E/G ratio of 2.51 and a beta of 1.20. NVR, Inc. has a 52-week low of $7,227.09 and a 52-week high of $9,964.77. The company has a 50-day simple moving average of $8,288.68 and a 200-day simple moving average of $8,857.14. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21.
NVR (NYSE:NVR – Get Free Report) last issued its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. Equities research analysts predict that NVR, Inc. will post 512.33 earnings per share for the current fiscal year.
NVR declared that its Board of Directors has authorized a share repurchase plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
NVR Profile
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.
Read More
Want to see what other hedge funds are holding NVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVR, Inc. (NYSE:NVR – Free Report).
Receive News & Ratings for NVR Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for NVR and related companies with MarketBeat.com’s FREE daily email newsletter.