Envestnet Asset Management Inc. lowered its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,867 shares of the construction company's stock after selling 311 shares during the period. Envestnet Asset Management Inc. owned about 0.26% of NVR worth $64,344,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new stake in shares of NVR in the 3rd quarter valued at about $49,000. EverSource Wealth Advisors LLC increased its holdings in 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 buying an additional 3 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in 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 buying an additional 3 shares in the last quarter. GAMMA Investing LLC lifted its holdings in NVR by 11.8% during the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock worth $155,000 after buying an additional 2 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in NVR by 122.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock worth $164,000 after buying an additional 11 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.
NVR Stock Performance
Shares of NYSE:NVR traded down $21.73 during trading on Tuesday, hitting $7,219.26. 3,318 shares of the company traded hands, compared to its average volume of 22,138. The stock has a market capitalization of $21.43 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 2.39 and a beta of 1.07. NVR, Inc. has a one year low of $6,562.85 and a one year 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 business's fifty day moving average is $7,252.16 and its 200-day moving average is $8,274.97.
NVR (NYSE:NVR - Get Free Report) last issued its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping the consensus estimate 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 analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the transaction, the director now directly owns 1,050 shares of the company's stock, valued at $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 7.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. UBS Group boosted their price target on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a 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 analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $9,356.67.
Check Out Our Latest Stock Report on NVR
About NVR
(
Free Report)
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.
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