Robeco Institutional Asset Management B.V. Has $58.46 Million Stake in NVR, Inc. (NYSE:NVR)

Robeco Institutional Asset Management B.V. lowered its position in NVR, Inc. (NYSE:NVR - Free Report) by 13.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,147 shares of the construction company's stock after selling 1,084 shares during the period. Robeco Institutional Asset Management B.V. owned 0.23% of NVR worth $58,455,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Public Sector Pension Investment Board increased its stake in shares of NVR by 52.8% in the second quarter. Public Sector Pension Investment Board now owns 110 shares of the construction company's stock valued at $835,000 after buying an additional 38 shares in the last quarter. Squarepoint Ops LLC increased its position in NVR by 298.9% in the 2nd quarter. Squarepoint Ops LLC now owns 347 shares of the construction company's stock valued at $2,633,000 after acquiring an additional 260 shares in the last quarter. Susquehanna International Group LLP raised its stake in shares of NVR by 24.4% in the second quarter. Susquehanna International Group LLP now owns 1,442 shares of the construction company's stock worth $10,943,000 after acquiring an additional 283 shares during the last quarter. Creative Planning lifted its position in shares of NVR by 2.3% during the second quarter. Creative Planning now owns 892 shares of the construction company's stock worth $6,767,000 after purchasing an additional 20 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of NVR by 44.9% during the second quarter. Cetera Investment Advisers now owns 284 shares of the construction company's stock valued at $2,155,000 after purchasing an additional 88 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVR

In related news, CAO Matthew B. Kelpy sold 400 shares of NVR stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the sale, the chief accounting officer now owns 208 shares of the company's stock, valued at approximately $1,965,600. This trade represents a 65.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David A. Preiser sold 250 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total transaction of $2,325,660.00. Following the transaction, the director now directly owns 239 shares of the company's stock, valued at $2,223,330.96. This represents a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.

NVR Trading Up 2.7 %

NVR stock traded up $218.12 during mid-day trading on Thursday, hitting $8,183.13. 2,657 shares of the company's stock were exchanged, compared to its average volume of 27,246. NVR, Inc. has a fifty-two week low of $7,018.03 and a fifty-two week high of $9,964.77. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $25.04 billion, a P/E ratio of 16.74, a PEG ratio of 1.67 and a beta of 1.20. The company's 50 day simple moving average is $8,477.09 and its 200-day simple moving average is $8,886.61.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 38.20% and a net margin of 16.51%. On average, equities analysts anticipate that NVR, Inc. will post 494.48 earnings per share for the current year.

NVR announced that its board has initiated a stock repurchase program on Wednesday, December 11th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. StockNews.com downgraded NVR from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Bank of America cut their price target on NVR from $10,800.00 to $10,600.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research report on Wednesday. Seaport Res Ptn downgraded shares of NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. Finally, UBS Group lifted their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a research report on Wednesday. Four research 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 currently 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.