Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 170 Shares of NVR, Inc. (NYSE:NVR)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 20.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 674 shares of the construction company's stock after selling 170 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in NVR were worth $5,513,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NVR. Blue Trust Inc. acquired a new position in NVR during the third quarter worth $39,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in NVR by 29.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 197 shares of the construction company's stock valued at $1,918,000 after acquiring an additional 45 shares during the last quarter. Forsta AP Fonden lifted its stake in NVR by 11.3% in the third quarter. Forsta AP Fonden now owns 590 shares of the construction company's stock valued at $5,789,000 after acquiring an additional 60 shares during the last quarter. Frank Rimerman Advisors LLC acquired a new stake in NVR in the third quarter valued at $226,000. Finally, Semanteon Capital Management LP acquired a new stake in NVR in the third quarter valued at $520,000. Institutional investors and hedge funds own 83.67% of the company's stock.

Insider Buying and Selling

In related news, Director Thomas D. Eckert sold 143 shares of the firm's stock in a transaction dated 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 of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 7.00% of the stock is owned by insiders.

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Wall Street Analysts Forecast Growth

A number of brokerages have commented on NVR. StockNews.com cut shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Seaport Res Ptn cut shares of NVR from a "strong-buy" rating to a "hold" rating in a research note on Sunday, November 10th. UBS Group increased their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. cut 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 note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $9,356.67.

NVR Stock Performance

Shares of NVR traded up $46.06 during trading hours on Friday, hitting $7,228.01. The company had a trading volume of 38,773 shares, compared to its average volume of 27,686. The firm has a market cap of $21.61 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 2.39 and a beta of 1.20. The business has a fifty day moving average of $7,847.90 and a 200-day moving average of $8,728.62. NVR, Inc. has a 12 month low of $7,015.00 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.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings data 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%. Equities analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a share repurchase program on Wednesday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

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.