NVR, Inc. (NYSE:NVR) Holdings Reduced by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 3.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,704 shares of the construction company's stock after selling 67 shares during the quarter. Handelsbanken Fonder AB owned about 0.06% of NVR worth $13,937,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. purchased a new stake in NVR during the third quarter worth approximately $39,000. Peak Financial Advisors LLC acquired a new position in shares of NVR during the 4th quarter valued at $1,235,000. JPMorgan Chase & Co. boosted its position in NVR by 18.8% during the 3rd 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 period. Intech Investment Management LLC acquired a new stake in NVR in the 3rd quarter valued at $9,341,000. Finally, Brown Brothers Harriman & Co. raised its position in NVR by 11.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,514 shares of the construction company's stock valued at $24,667,000 after purchasing an additional 250 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Seaport Res Ptn downgraded NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. UBS Group upped their price target on NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. StockNews.com lowered shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. reduced 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 research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, NVR presently has an average rating of "Hold" and a consensus price target of $9,356.67.

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Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of NVR 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 owns 1,050 shares in the company, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.00% of the stock is currently owned by insiders.

NVR Stock Up 3.8 %

Shares of NYSE:NVR traded up $268.64 during trading on Tuesday, hitting $7,330.66. The company's stock had a trading volume of 14,903 shares, compared to its average volume of 27,104. NVR, Inc. has a fifty-two week low of $7,015.00 and a fifty-two week high of $9,964.77. The stock's 50-day moving average price is $7,930.80 and its two-hundred day moving average price is $8,768.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The company has a market capitalization of $21.92 billion, a PE ratio of 14.44, a PEG ratio of 2.39 and a beta of 1.20.

NVR (NYSE:NVR - Get Free Report) last announced its earnings results 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 return on equity of 39.67% and a net margin of 16.34%. As a group, sell-side analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its board has approved a stock buyback plan on Wednesday, December 11th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

NVR 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.