NVR, Inc. (NYSE:NVR) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. decreased its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 13.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,641 shares of the construction company's stock after selling 257 shares during the period. Prudential Financial Inc. owned 0.05% of NVR worth $13,422,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in shares of NVR during the 4th quarter worth $3,277,825,000. Corient Private Wealth LLC lifted its position in NVR by 2,599.1% during the fourth quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company's stock worth $73,512,000 after buying an additional 8,655 shares during the period. Raymond James Financial Inc. acquired a new stake in NVR in the 4th quarter worth about $37,942,000. Amundi grew its holdings in NVR by 82.9% in the 4th quarter. Amundi now owns 9,131 shares of the construction company's stock valued at $73,102,000 after buying an additional 4,139 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in shares of NVR by 67.7% during the 4th quarter. Teacher Retirement System of Texas now owns 9,943 shares of the construction company's stock valued at $81,323,000 after acquiring an additional 4,015 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

NVR Trading Down 0.6 %

NYSE NVR traded down $41.02 during mid-day trading on Tuesday, hitting $7,203.37. The company's stock had a trading volume of 17,766 shares, compared to its average volume of 21,788. The firm has a market capitalization of $21.39 billion, a P/E ratio of 14.19, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. 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, Inc. has a 52-week low of $7,015.00 and a 52-week high of $9,964.77. The stock's fifty day simple moving average is $7,469.38 and its two-hundred day simple moving average is $8,458.57.

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NVR (NYSE:NVR - Get Free Report) last posted its earnings results 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%. Research analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

NVR announced that its Board of Directors has authorized a share repurchase plan on Wednesday, December 11th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Thomas D. Eckert sold 143 shares of the firm's 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 completion of the sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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