UniSuper Management Pty Ltd grew its position in NVR, Inc. (NYSE:NVR - Free Report) by 22.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 321 shares of the construction company's stock after acquiring an additional 58 shares during the quarter. UniSuper Management Pty Ltd's holdings in NVR were worth $2,625,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. Private Trust Co. NA grew its holdings in NVR by 66.7% during the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company's stock valued at $49,000 after purchasing an additional 2 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of NVR by 11.8% during the fourth quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after buying an additional 2 shares during the period. Crestmont Private Wealth LLC grew its stake in shares of NVR by 3.9% during the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company's stock valued at $433,000 after buying an additional 2 shares during the last quarter. Lakewood Asset Management LLC raised its holdings in shares of NVR by 0.5% in the fourth quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company's stock worth $3,206,000 after buying an additional 2 shares during the period. Finally, Exchange Traded Concepts LLC lifted its stake in shares of NVR by 5.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company's stock worth $294,000 after acquiring an additional 2 shares during the last quarter. Institutional investors own 83.67% of the company's stock.
Insider Activity
In other NVR news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction dated 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 transaction, the director now owns 1,050 shares in the company, valued at $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.80% of the company's stock.
NVR Stock Down 3.7 %
Shares of NVR traded down $268.28 during midday trading on Thursday, reaching $7,033.79. 7,870 shares of the stock were exchanged, compared to its average volume of 27,037. The company has a market capitalization of $20.88 billion, a P/E ratio of 13.86, a PEG 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 52 week low of $7,015.00 and a 52 week high of $9,964.77. The company's 50 day moving average is $7,447.70 and its two-hundred day moving average is $8,450.46.
NVR (NYSE:NVR - Get Free Report) last released 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%. On average, sell-side analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.
NVR announced that its Board of Directors has authorized a share buyback program on Wednesday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire 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 shares are undervalued.
Analyst Ratings Changes
A number of research firms have weighed in on NVR. UBS Group increased their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target 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 investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $9,356.67.
Check Out Our Latest Research Report on NVR
NVR Company Profile
(
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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