Dimensional Fund Advisors LP Purchases 1,801 Shares of NVR, Inc. (NYSE:NVR)

Dimensional Fund Advisors LP grew its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,989 shares of the construction company's stock after purchasing an additional 1,801 shares during the period. Dimensional Fund Advisors LP owned approximately 0.98% of NVR worth $245,279,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new stake in NVR during the 3rd quarter valued at approximately $49,000. EverSource Wealth Advisors LLC boosted its position in shares of NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after purchasing an additional 3 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of NVR by 75.0% during the fourth 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 in the last quarter. GAMMA Investing LLC raised its holdings in NVR by 11.8% in the fourth 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 holdings in shares of NVR by 122.2% during the 4th 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 in the last quarter. Hedge funds and other institutional investors own 83.67% of the company's stock.

NVR Stock Up 1.3 %

Shares of NVR traded up $89.74 on Thursday, hitting $7,172.83. 17,198 shares of the stock traded hands, compared to its average volume of 22,286. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The company has a market capitalization of $21.30 billion, a PE ratio of 14.13, a P/E/G ratio of 2.39 and a beta of 1.07. The business has a 50 day simple moving average of $7,203.77 and a 200 day simple moving average of $8,155.40. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18.

NVR (NYSE:NVR - Get Free Report) last posted 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). NVR had a return on equity of 39.67% and a net margin of 16.34%. The business had revenue of $2.40 billion during the quarter, compared to analysts' expectations of $2.35 billion. As a group, equities analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the business's stock in a transaction that occurred 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 transaction, 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 transaction 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.

Analysts Set New Price Targets

NVR has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price target 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. UBS Group cut their price target on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $9,023.33.

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.