Achmea Investment Management B.V. Raises Holdings in NVR, Inc. (NYSE:NVR)

Achmea Investment Management B.V. increased its stake in shares of NVR, Inc. (NYSE:NVR) by 67.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,977 shares of the construction company’s stock after buying an additional 797 shares during the quarter. Achmea Investment Management B.V. owned about 0.06% of NVR worth $16,169,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NVR. Rakuten Securities Inc. acquired a new stake in NVR during the 3rd quarter worth approximately $39,000. Private Trust Co. NA increased its holdings in shares of NVR by 66.7% in the third 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 period. Wilmington Savings Fund Society FSB acquired a new position in shares of NVR in the third quarter valued at approximately $49,000. EverSource Wealth Advisors LLC increased its holdings in shares of 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 purchasing an additional 3 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of NVR in the third quarter valued at approximately $59,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Down 0.2 %

NVR stock opened at $7,348.57 on Thursday. 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 1-year low of $7,015.00 and a 1-year high of $9,964.77. The company has a market cap of $21.97 billion, a PE ratio of 14.48, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The stock’s 50 day moving average price is $7,711.52 and its 200 day moving average price is $8,647.31.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share 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%. On average, sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its board has approved a share buyback program on Wednesday, December 11th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NVR. UBS Group boosted their target price 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 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, NVR has a consensus rating of “Hold” and a consensus price target of $9,356.67.

Insider Activity at NVR

In related 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 sale, the director now directly 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 filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 7.00% of the company’s stock.

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.