Epoch Investment Partners Inc. Sells 2,939 Shares of NVR, Inc. (NYSE:NVR)

Epoch Investment Partners Inc. lowered its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 11.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,924 shares of the construction company's stock after selling 2,939 shares during the quarter. NVR makes up about 0.9% of Epoch Investment Partners Inc.'s investment portfolio, making the stock its 28th largest position. Epoch Investment Partners Inc. owned approximately 0.72% of NVR worth $179,314,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Peak Financial Advisors LLC bought a new stake in NVR during the 4th quarter worth about $1,235,000. JPMorgan Chase & Co. grew its position 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 worth $136,580,000 after buying an additional 2,206 shares during the period. OLD Mission Capital LLC bought a new stake in shares of NVR during the fourth quarter worth approximately $1,701,000. Markel Group Inc. lifted 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 valued at $96,626,000 after buying an additional 110 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in NVR by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock valued at $171,266,000 after acquiring an additional 644 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

NVR Price Performance

NVR opened at $7,188.69 on Friday. The stock has a market cap of $21.34 billion, a P/E ratio of 14.16, a P/E/G ratio of 2.39 and a beta of 1.07. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $7,219.56 and a 200 day simple moving average of $8,222.59.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings results 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 return on equity of 39.67% and a net margin of 16.34%. On average, research analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now directly owns 1,050 shares of the company's stock, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.00% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on NVR. JPMorgan Chase & Co. dropped 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. UBS Group upped their price objective on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $9,356.67.

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.

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