NVR, Inc. (NYSE:NVR) Shares Acquired by Capital Research Global Investors

Capital Research Global Investors increased its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 11.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,606 shares of the construction company's stock after purchasing an additional 11,274 shares during the quarter. Capital Research Global Investors owned approximately 3.52% of NVR worth $880,099,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Lakewood Asset Management LLC raised its stake 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 during the period. GAMMA Investing LLC boosted its position in NVR by 11.8% during the fourth quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after buying an additional 2 shares during the period. Crestmont Private Wealth LLC lifted its position in NVR by 3.9% in the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company's stock valued at $433,000 after purchasing an additional 2 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings 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 period. Finally, Empirical Finance LLC lifted its stake in NVR by 2.0% in the fourth quarter. Empirical Finance LLC now owns 103 shares of the construction company's stock worth $842,000 after acquiring an additional 2 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered 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 report on Wednesday, January 29th. UBS Group decreased their price target on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $9,023.33.

Insider Activity at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the 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 in the company, valued at $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.80% of the company's stock.

NVR Stock Performance

Shares of NYSE NVR traded up $89.74 during midday trading on Thursday, reaching $7,172.83. The company had a trading volume of 17,197 shares, compared to its average volume of 22,247. The business's 50-day simple moving average is $7,207.51 and its 200 day simple moving average is $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 stock has a market cap of $21.30 billion, a P/E ratio of 14.13, a P/E/G ratio of 2.39 and a beta of 1.07. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77.

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

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.