Venator Management LLC Has $20.11 Million Position in NVR, Inc. (NYSE:NVR)

Venator Management LLC increased its position in NVR, Inc. (NYSE:NVR - Free Report) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,459 shares of the construction company's stock after buying an additional 63 shares during the quarter. NVR accounts for approximately 5.8% of Venator Management LLC's investment portfolio, making the stock its 9th largest position. Venator Management LLC owned approximately 0.08% of NVR worth $20,112,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its position in NVR by 66.7% during the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company's stock worth $49,000 after purchasing an additional 2 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of NVR in the third quarter valued at about $59,000. Townsquare Capital LLC bought a new position in shares of NVR during the third quarter worth about $353,000. Public Sector Pension Investment Board lifted its stake in shares of NVR by 18.2% in the third quarter. Public Sector Pension Investment Board now owns 130 shares of the construction company's stock worth $1,276,000 after acquiring an additional 20 shares during the period. Finally, Martingale Asset Management L P acquired a new stake in NVR during the 3rd quarter valued at approximately $1,825,000. Institutional investors own 83.67% of the company's stock.

Insider Buying and Selling at NVR

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

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NVR Trading Up 4.3 %

Shares of NYSE:NVR traded up $303.39 during mid-day trading on Friday, hitting $7,413.38. The company had a trading volume of 41,775 shares, compared to its average volume of 21,940. The company has a market capitalization of $22.01 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. NVR, Inc. has a one year low of $7,000.00 and a one year high of $9,964.77. The firm has a fifty day moving average price of $7,407.03 and a 200 day moving average price of $8,427.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69.

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

NVR announced that its Board of Directors has approved a share repurchase program on Wednesday, December 11th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to purchase up to 2.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

NVR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. UBS Group lifted their target price on shares of 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 investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target 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.