FIL Ltd Sells 10,432 Shares of NVR, Inc. (NYSE:NVR)

FIL Ltd decreased its position in NVR, Inc. (NYSE:NVR - Free Report) by 65.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,601 shares of the construction company's stock after selling 10,432 shares during the quarter. FIL Ltd owned approximately 0.18% of NVR worth $45,810,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in NVR. GAMMA Investing LLC lifted its holdings in shares of NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock worth $155,000 after acquiring an additional 2 shares during the last quarter. Crestmont Private Wealth LLC increased its holdings in NVR by 3.9% in the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company's stock valued at $433,000 after buying an additional 2 shares in the last quarter. Lakewood Asset Management LLC increased its stake in NVR by 0.5% during the 4th quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company's stock worth $3,206,000 after buying an additional 2 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in NVR by 5.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company's stock valued at $294,000 after buying an additional 2 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its position in NVR by 7.7% in the fourth quarter. Bleakley Financial Group LLC now owns 28 shares of the construction company's stock valued at $229,000 after buying an additional 2 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

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Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of the 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 transaction, the director now directly owns 1,050 shares in the company, valued at approximately $7,891,380. This trade 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 is accessible through this link. 7.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group boosted their price objective 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. JPMorgan Chase & Co. lowered their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, NVR has a consensus rating of "Hold" and an average price target of $9,356.67.

NVR Trading Up 0.7 %

Shares of NVR traded up $52.25 during mid-day trading on Monday, reaching $7,255.55. The company's stock had a trading volume of 24,864 shares, compared to its average volume of 22,211. The company's fifty day moving average price is $7,262.85 and its two-hundred day moving average price is $8,292.37. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week 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. The stock has a market cap of $21.54 billion, a PE ratio of 14.30, a P/E/G ratio of 2.39 and a beta of 1.07.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, beating analysts' consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

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.