Canada Pension Plan Investment Board Acquires 1,389 Shares of NVR, Inc. (NYSE:NVR)

Canada Pension Plan Investment Board lifted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 62.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,596 shares of the construction company's stock after buying an additional 1,389 shares during the period. Canada Pension Plan Investment Board owned about 0.12% of NVR worth $29,411,000 as of its most recent SEC filing.

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

NVR Price Performance

NYSE:NVR traded up $89.74 during mid-day trading on Thursday, hitting $7,172.83. The company's stock had a trading volume of 17,197 shares, compared to its average volume of 22,247. The stock has a fifty day moving average of $7,207.51 and a 200-day moving average of $8,170.91. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $21.30 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 2.39 and a beta of 1.07. NVR, Inc. has a fifty-two week low of $6,562.85 and a fifty-two week high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, equities analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Transactions at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business's stock in a transaction dated 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 completion of the sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of analyst reports. UBS Group lowered their price objective on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their target price 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. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $9,023.33.

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.