NVR, Inc. (NYSE:NVR) Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,858 shares of the construction company's stock after purchasing an additional 142 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of NVR worth $39,207,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NVR. Private Trust Co. NA boosted its position in shares of NVR by 66.7% during the third 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 during the period. Wilmington Savings Fund Society FSB purchased a new position in NVR during the 3rd quarter valued at $49,000. EverSource Wealth Advisors LLC grew its position in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after acquiring an additional 3 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of NVR during the third quarter worth $59,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of NVR by 75.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after purchasing an additional 3 shares during the period. Hedge funds and other institutional investors own 83.67% of the company's stock.

Insider Buying and Selling

In related news, Director Thomas D. Eckert sold 143 shares of the business'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 in the company, 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 legal filing with the SEC, which can be accessed through the SEC website. 7.80% of the stock is currently owned by insiders.

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Analyst Ratings Changes

Several equities research analysts have issued reports on NVR shares. UBS Group boosted 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. dropped their target price on shares of 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 investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $9,356.67.

NVR Stock Performance

Shares of NVR stock traded down $268.28 on Thursday, hitting $7,033.79. The company had a trading volume of 7,870 shares, compared to its average volume of 27,037. NVR, Inc. has a twelve month low of $7,015.00 and a twelve 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. The firm has a market cap of $20.88 billion, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. The company has a 50-day moving average price of $7,447.70 and a 200-day moving average price of $8,450.46.

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

NVR declared that its board has authorized a share 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 purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued.

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.