Family Office Research LLC Invests $450,000 in NVR, Inc. (NYSE:NVR)

Family Office Research LLC acquired a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 55 shares of the construction company's stock, valued at approximately $450,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after buying an additional 3 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of NVR during the third quarter worth about $49,000. Smartleaf Asset Management LLC raised its position in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after purchasing an additional 3 shares during the last quarter. GAMMA Investing LLC grew its position in shares of NVR by 11.8% in the 4th 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 last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of NVR by 122.2% in the fourth 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 during the period. 83.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on NVR shares. JPMorgan Chase & Co. dropped their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. UBS Group lifted their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. 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 stock presently has an average rating of "Hold" and a consensus price target of $9,356.67.

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NVR Trading Down 0.3 %

Shares of NYSE NVR traded down $18.68 during midday trading on Tuesday, reaching $7,222.31. The company had a trading volume of 22,597 shares, compared to its average volume of 22,213. The firm's fifty day moving average price is $7,252.16 and its 200-day moving average price is $8,274.97. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The stock has a market cap of $21.44 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, beating 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%. On average, equities research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.

Insider Activity

In other NVR news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on 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 transaction, the director now owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.00% of the stock is currently owned by company 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.