Generali Asset Management SPA SGR Takes $5.09 Million Position in NVR, Inc. (NYSE:NVR)

Generali Asset Management SPA SGR purchased a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 622 shares of the construction company's stock, valued at approximately $5,087,000.

A number of other hedge funds have also recently modified their holdings of NVR. EverSource Wealth Advisors LLC lifted its position in NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after purchasing an additional 3 shares in the last quarter. Private Trust Co. NA lifted its position in shares of NVR by 66.7% during the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company's stock valued at $49,000 after buying an additional 2 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of NVR during the 3rd quarter valued at approximately $49,000. Smartleaf Asset Management LLC increased its holdings in NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after acquiring an additional 3 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in NVR during the third quarter valued at approximately $59,000. Institutional investors own 83.67% of the company's stock.

Insider Activity at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.00% of the stock is owned by corporate insiders.

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NVR Price Performance

Shares of NYSE:NVR traded down $106.70 during midday trading on Friday, reaching $7,181.22. 62,749 shares of the company were exchanged, compared to its average volume of 21,032. The stock has a market cap of $21.32 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The business's fifty day moving average is $7,606.71 and its two-hundred day moving average is $8,554.95. NVR, Inc. has a one year low of $7,015.00 and a one year 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.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 EPS 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%. As a group, analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR announced that its board has initiated a share buyback plan on Wednesday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group raised their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. decreased their price target on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. Four 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, NVR has an average rating of "Hold" and an average target price 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.