Livforsakringsbolaget Skandia Omsesidigt Purchases 660 Shares of NVR, Inc. (NYSE:NVR)

Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 4,400.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 675 shares of the construction company's stock after acquiring an additional 660 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in NVR were worth $5,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in NVR by 44.9% during the second quarter. Cetera Investment Advisers now owns 284 shares of the construction company's stock worth $2,155,000 after acquiring an additional 88 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of NVR in the 2nd quarter worth about $689,000. Park Avenue Securities LLC increased its position in shares of NVR by 4.4% during the 3rd quarter. Park Avenue Securities LLC now owns 71 shares of the construction company's stock worth $697,000 after purchasing an additional 3 shares in the last quarter. Czech National Bank lifted its holdings in NVR by 5.0% during the 3rd quarter. Czech National Bank now owns 631 shares of the construction company's stock valued at $6,191,000 after purchasing an additional 30 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in NVR by 13.3% in the third quarter. GAMMA Investing LLC now owns 17 shares of the construction company's stock valued at $167,000 after buying an additional 2 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Trading Down 0.5 %

NYSE:NVR traded down $34.47 during trading hours on Tuesday, hitting $7,483.53. 19,178 shares of the stock were exchanged, compared to its average volume of 27,288. The company has a market capitalization of $22.90 billion, a P/E ratio of 14.74, a price-to-earnings-growth ratio of 2.51 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The company's 50 day moving average is $8,221.46 and its two-hundred day moving average is $8,845.75. NVR, Inc. has a twelve month low of $7,227.09 and a twelve month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 39.58% and a net margin of 16.34%. On average, sell-side analysts anticipate that NVR, Inc. will post 512.33 earnings per share for the current fiscal year.

NVR announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 11th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

NVR has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Seaport Res Ptn cut NVR from a "strong-buy" rating to a "hold" rating in a report on Sunday, November 10th. Bank of America reduced their price objective on NVR from $10,800.00 to $10,600.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their target price 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. Finally, StockNews.com cut NVR from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus 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.