NVR, Inc. (NYSE:NVR) Stake Lowered by Elgethun Capital Management

Elgethun Capital Management trimmed its stake in NVR, Inc. (NYSE:NVR - Free Report) by 36.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 589 shares of the construction company's stock after selling 332 shares during the quarter. NVR comprises 1.2% of Elgethun Capital Management's portfolio, making the stock its 25th largest position. Elgethun Capital Management's holdings in NVR were worth $4,817,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of NVR. Invesco Ltd. raised its holdings in shares of NVR by 9.3% during the 4th quarter. Invesco Ltd. now owns 38,549 shares of the construction company's stock valued at $315,288,000 after buying an additional 3,268 shares during the period. Unigestion Holding SA purchased a new stake in shares of NVR during the fourth quarter valued at approximately $8,980,000. Aristides Capital LLC lifted its position in shares of NVR by 13.2% during the fourth quarter. Aristides Capital LLC now owns 86 shares of the construction company's stock worth $703,000 after purchasing an additional 10 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of NVR by 13.9% in the fourth quarter. Federated Hermes Inc. now owns 3,585 shares of the construction company's stock valued at $29,321,000 after purchasing an additional 438 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in NVR by 11.1% during the 4th quarter. Quadrant Capital Group LLC now owns 20 shares of the construction company's stock valued at $164,000 after purchasing an additional 2 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company's stock.

NVR Price Performance

NYSE NVR traded up $209.48 on Friday, reaching $7,208.31. The company's stock had a trading volume of 23,059 shares, compared to its average volume of 22,183. The firm's 50 day moving average is $7,262.85 and its two-hundred day moving average is $8,301.28. The stock has a market cap of $21.40 billion, a PE ratio of 14.20, a PEG ratio of 2.39 and a beta of 1.07. 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, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77.

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

Analyst Ratings Changes

A number of brokerages recently commented on NVR. JPMorgan Chase & Co. reduced their price target 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 increased their target price on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $9,356.67.

Insider Transactions at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value 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. This represents a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.00% of the stock is currently owned by insiders.

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.