Hsbc Holdings PLC Has $201.82 Million Stock Position in NVR, Inc. (NYSE:NVR)

Hsbc Holdings PLC boosted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 31.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,671 shares of the construction company's stock after buying an additional 5,851 shares during the period. Hsbc Holdings PLC owned approximately 0.81% of NVR worth $201,821,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Proficio Capital Partners LLC bought a new stake in shares of NVR during the fourth quarter worth approximately $3,277,825,000. Norges Bank bought a new stake in NVR in the fourth quarter valued at approximately $295,643,000. JPMorgan Chase & Co. boosted its holdings in shares of NVR by 165.8% during the 4th quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock worth $302,611,000 after buying an additional 23,079 shares during the period. Capital Research Global Investors increased its position in NVR by 11.7% during the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock worth $880,099,000 after buying an additional 11,274 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of NVR by 2,599.1% in the fourth quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company's stock valued at $73,512,000 after buying an additional 8,655 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Trading Up 0.4 %

NYSE:NVR opened at $7,162.69 on Wednesday. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The stock's fifty day moving average price is $7,213.19 and its two-hundred day moving average price is $8,178.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The company has a market cap of $21.27 billion, a P/E ratio of 14.11, a P/E/G ratio of 2.39 and a beta of 1.07.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing the consensus estimate of $107.87 by ($13.04). The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NVR shares. JPMorgan Chase & Co. reduced their target price 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. UBS Group raised their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a research note 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, NVR currently has a consensus rating of "Hold" and a consensus price target of $9,356.67.

Insiders Place Their Bets

In other news, Director Thomas D. Eckert sold 143 shares of the business'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 transaction, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 7.80% of the company's stock.

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.

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