NVR, Inc. (NYSE:NVR) Shares Bought by Signaturefd LLC

Signaturefd LLC increased its position in NVR, Inc. (NYSE:NVR) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27 shares of the construction company’s stock after acquiring an additional 2 shares during the period. Signaturefd LLC’s holdings in NVR were worth $221,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA raised its holdings in shares of NVR by 66.7% during the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after buying an additional 2 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in NVR in the 3rd quarter valued at approximately $49,000. EverSource Wealth Advisors LLC raised its stake in NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock valued at $41,000 after acquiring an additional 3 shares in the last quarter. Quantbot Technologies LP acquired a new position in NVR during the 3rd quarter worth $59,000. Finally, Smartleaf Asset Management LLC boosted its position in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock worth $57,000 after acquiring an additional 3 shares during the period. 83.67% of the stock is currently owned by institutional investors.

NVR Stock Down 1.5 %

NVR opened at $7,181.22 on Friday. The stock’s fifty day moving average is $7,606.71 and its 200-day moving average is $8,558.41. NVR, Inc. has a one year low of $7,015.00 and a one year high of $9,964.77. The company has a market capitalization of $21.47 billion, a PE ratio of 14.15, a P/E/G ratio of 2.39 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18.

NVR (NYSE:NVR) last issued 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 net margin of 16.34% and a return on equity of 39.67%. On average, equities analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its Board of Directors has approved a stock repurchase plan on Wednesday, December 11th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on Monday, February 10th. The stock was 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 owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group raised their price target 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. lowered 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 note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus 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.