Bank of Montreal Can Sells 124 Shares of NVR, Inc. (NYSE:NVR)

Bank of Montreal Can decreased its position in NVR, Inc. (NYSE:NVR - Free Report) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,699 shares of the construction company's stock after selling 124 shares during the period. Bank of Montreal Can owned approximately 0.09% of NVR worth $22,075,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NVR. Crestmont Private Wealth LLC lifted its stake in shares of NVR by 3.9% in the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company's stock worth $433,000 after buying an additional 2 shares in the last quarter. GAMMA Investing LLC raised its holdings in NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock worth $155,000 after acquiring an additional 2 shares during the last quarter. Lakewood Asset Management LLC lifted its position in NVR by 0.5% in the 4th quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company's stock valued at $3,206,000 after acquiring an additional 2 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in NVR by 5.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company's stock valued at $294,000 after purchasing an additional 2 shares during the last quarter. Finally, Empirical Finance LLC increased its holdings in shares of NVR by 2.0% in 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 in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NVR. UBS Group upped their price target on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. decreased their target price on 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. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, NVR currently has a consensus rating of "Hold" and an average target price of $9,356.67.

NVR Stock Performance

Shares of NYSE NVR traded down $18.68 during midday trading on Tuesday, hitting $7,222.31. 22,598 shares of the stock traded hands, compared to its average volume of 22,213. The firm has a market capitalization of $21.44 billion, a P/E ratio of 14.23, a PEG ratio of 2.39 and a beta of 1.07. NVR, Inc. has a one year low of $6,562.85 and a one year 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 firm has a 50-day moving average of $7,252.16 and a two-hundred day moving average of $8,274.97.

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

Insiders Place Their Bets

In other news, Director Thomas D. Eckert sold 143 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares of the company's stock, valued at $7,891,380. The trade was a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 7.00% of the company's stock.

NVR Company 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.