116 Shares in NVR, Inc. (NYSE:NVR) Bought by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co acquired a new stake in NVR, Inc. (NYSE:NVR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 116 shares of the construction company's stock, valued at approximately $949,000.

Other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. purchased a new stake in shares of NVR in the 3rd quarter worth approximately $39,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of NVR by 29.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 197 shares of the construction company's stock worth $1,918,000 after purchasing an additional 45 shares during the period. Forsta AP Fonden lifted its position in shares of NVR by 11.3% in the 3rd quarter. Forsta AP Fonden now owns 590 shares of the construction company's stock worth $5,789,000 after purchasing an additional 60 shares during the period. Frank Rimerman Advisors LLC purchased a new stake in shares of NVR in the 3rd quarter worth approximately $226,000. Finally, Semanteon Capital Management LP purchased a new stake in shares of NVR in the 3rd quarter worth approximately $520,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on NVR shares. StockNews.com cut shares of NVR from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. lowered 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 research report on Wednesday, January 29th. Seaport Res Ptn lowered shares of NVR from a "strong-buy" rating to a "hold" rating in a research note on Sunday, November 10th. Finally, UBS Group raised their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research note 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. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $9,356.67.

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Insiders Place Their Bets

In other NVR news, Director Thomas D. Eckert sold 143 shares of the firm'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 owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 7.00% of the company's stock.

NVR Stock Up 0.6 %

NVR traded up $46.06 during trading on Friday, hitting $7,228.01. The stock had a trading volume of 38,773 shares, compared to its average volume of 27,686. The company has a market capitalization of $21.61 billion, a PE ratio of 14.24, a PEG ratio of 2.39 and a beta of 1.20. NVR, Inc. has a twelve month low of $7,015.00 and a twelve month high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The stock has a 50 day simple moving average of $7,847.90 and a two-hundred day simple moving average of $8,728.62.

NVR (NYSE:NVR - Get Free Report) last announced its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its board has initiated a share buyback program on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 2.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management 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.