NVR, Inc. (NYSE:NVR) Shares Sold by Barclays PLC

Barclays PLC cut its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,479 shares of the construction company's stock after selling 916 shares during the quarter. Barclays PLC owned about 0.28% of NVR worth $69,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in NVR. Peak Financial Advisors LLC purchased a new position in shares of NVR during the 4th quarter worth about $1,235,000. JPMorgan Chase & Co. increased its position in NVR by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock worth $136,580,000 after purchasing an additional 2,206 shares during the last quarter. OLD Mission Capital LLC purchased a new position in NVR during the fourth quarter worth approximately $1,701,000. Markel Group Inc. boosted its holdings in shares of NVR by 0.9% in the 4th quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock valued at $96,626,000 after purchasing an additional 110 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of NVR by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock valued at $171,266,000 after buying an additional 644 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Up 2.0 %

Shares of NVR traded up $143.68 during midday trading on Friday, reaching $7,188.69. 23,350 shares of the company were exchanged, compared to its average volume of 22,196. The stock has a 50-day moving average price of $7,219.56 and a 200-day moving average price of $8,212.11. The company has a market cap of $21.34 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 2.39 and a beta of 1.07. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

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

Insider Activity

In other news, Director Thomas D. Eckert sold 143 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director now owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 7.00% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NVR. 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 boosted their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company presently 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.