NVR, Inc. (NYSE:NVR) Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. reduced its position in NVR, Inc. (NYSE:NVR - Free Report) by 45.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 713 shares of the construction company's stock after selling 590 shares during the period. Bessemer Group Inc.'s holdings in NVR were worth $5,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in NVR. Peak Financial Advisors LLC purchased a new stake in shares of NVR during the 4th quarter worth about $1,235,000. JPMorgan Chase & Co. raised its holdings in NVR by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock worth $136,580,000 after purchasing an additional 2,206 shares during the period. OLD Mission Capital LLC purchased a new position in NVR during the fourth quarter worth approximately $1,701,000. Markel Group Inc. grew its holdings in NVR by 0.9% in the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock valued at $96,626,000 after purchasing an additional 110 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of NVR by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock valued at $171,266,000 after buying an additional 644 shares in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Price Performance

NYSE NVR traded down $18.68 during mid-day trading on Tuesday, hitting $7,222.31. The stock had a trading volume of 22,598 shares, compared to its average volume of 22,201. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The firm's 50 day moving average is $7,252.16 and its 200 day moving average is $8,274.97. The stock has a market capitalization of $21.44 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 2.39 and a beta of 1.07.

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

Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the transaction, the director now owns 1,050 shares in the company, valued at $7,891,380. The trade was a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on NVR shares. UBS Group increased their target price on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. dropped their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $9,356.67.

About NVR

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.