NVR, Inc. (NYSE:NVR) Stock Position Lowered by Cerity Partners LLC

Cerity Partners LLC trimmed its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 301 shares of the construction company's stock after selling 57 shares during the quarter. Cerity Partners LLC's holdings in NVR were worth $2,537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in NVR. EverSource Wealth Advisors LLC lifted its stake in NVR by 150.0% in the fourth 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in NVR in the 3rd quarter valued at about $49,000. Smartleaf Asset Management LLC lifted its position 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 last quarter. GAMMA Investing LLC boosted its stake in NVR by 11.8% during the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after purchasing an additional 2 shares during the period. Finally, Cullen Frost Bankers Inc. grew its position in NVR by 122.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock worth $164,000 after purchasing an additional 11 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Price Performance

NVR stock traded down $116.29 during trading hours on Monday, hitting $7,073.78. 1,331 shares of the stock traded hands, compared to its average volume of 22,114. The stock has a 50-day simple moving average of $7,219.56 and a 200 day simple moving average of $8,202.15. The company has a market cap of $21.00 billion, a P/E ratio of 13.90, a P/E/G 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 current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22.

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

Wall Street Analyst Weigh In

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

Insider Activity

In other news, Director Thomas D. Eckert sold 143 shares of the business's 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 sale, the director now directly owns 1,050 shares of the company's stock, valued at $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 7.00% of the company's stock.

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.