NVR, Inc. (NYSE:NVR) Stock Position Increased by Mizuho Securities USA LLC

Mizuho Securities USA LLC lifted its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 45.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 290 shares of the construction company's stock after acquiring an additional 90 shares during the period. Mizuho Securities USA LLC's holdings in NVR were worth $2,372,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in shares of NVR by 150.0% in 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 during the period. Private Trust Co. NA grew its stake 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 during the period. Wilmington Savings Fund Society FSB purchased a new position in NVR in the third quarter valued at approximately $49,000. Smartleaf Asset Management LLC lifted its holdings in shares of NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after acquiring an additional 3 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in NVR in the third quarter valued at about $59,000. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. 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. UBS Group upped their target price 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. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $9,356.67.

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Insider Activity at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on 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 sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 7.00% of the company's stock.

NVR Stock Down 2.1 %

Shares of NVR stock traded down $151.34 during mid-day trading on Friday, reaching $7,163.11. 19,501 shares of the company were exchanged, compared to its average volume of 21,724. The company has a market capitalization of $21.27 billion, a P/E ratio of 14.11, a P/E/G ratio of 2.39 and a beta of 1.25. The business's 50 day simple moving average is $7,538.87 and its 200 day simple moving average is $8,509.57. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. NVR, Inc. has a fifty-two week low of $7,015.00 and a fifty-two week 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 EPS for the quarter, topping 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%. Research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its Board of Directors has initiated a share buyback program on Wednesday, December 11th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 2.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

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.