CANADA LIFE ASSURANCE Co lessened its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,167 shares of the construction company's stock after selling 223 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.14% of NVR worth $34,110,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after buying an additional 3 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in NVR during the third quarter worth about $49,000. Smartleaf Asset Management LLC boosted its holdings in NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after purchasing an additional 3 shares during the period. GAMMA Investing LLC grew its position in shares of NVR by 11.8% during the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock worth $155,000 after purchasing an additional 2 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its stake in shares of NVR by 122.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock valued at $164,000 after buying an additional 11 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. UBS Group lifted their price objective 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. reduced their target price on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, NVR currently has a consensus rating of "Hold" and a consensus target price of $9,356.67.
Check Out Our Latest Report on NVR
NVR Price Performance
Shares of NYSE:NVR opened at $7,188.69 on Friday. The firm has a 50 day simple moving average of $7,219.56 and a 200 day simple moving average of $8,222.59. The company has a market cap of $21.34 billion, a price-to-earnings ratio of 14.16, 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 current ratio of 6.18 and a quick ratio of 3.69.
NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. Research analysts predict 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 the company'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 sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 7.00% of the stock is owned by corporate insiders.
About NVR
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Free Report)
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.
See Also
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