Savant Capital LLC Boosts Stock Holdings in NVR, Inc. (NYSE:NVR)

Savant Capital LLC grew its position in shares of NVR, Inc. (NYSE:NVR) by 1.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 375 shares of the construction company’s stock after purchasing an additional 6 shares during the period. Savant Capital LLC’s holdings in NVR were worth $3,067,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. IFM Investors Pty Ltd grew its holdings in shares of NVR by 0.3% during the third quarter. IFM Investors Pty Ltd now owns 603 shares of the construction company’s stock valued at $5,917,000 after buying an additional 2 shares during the last quarter. Metis Global Partners LLC grew its holdings in shares of NVR by 1.8% during the third quarter. Metis Global Partners LLC now owns 114 shares of the construction company’s stock valued at $1,119,000 after buying an additional 2 shares during the last quarter. Private Trust Co. NA boosted its holdings in NVR by 66.7% in the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock worth $49,000 after purchasing an additional 2 shares during the last quarter. GAMMA Investing LLC boosted its holdings in NVR by 11.8% in the fourth quarter. GAMMA Investing LLC now owns 19 shares of the construction company’s stock worth $155,000 after purchasing an additional 2 shares during the last quarter. Finally, Crestmont Private Wealth LLC boosted its holdings in NVR by 3.9% in the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company’s stock worth $433,000 after purchasing an additional 2 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Analyst Ratings Changes

NVR has been the topic of several research reports. JPMorgan Chase & Co. dropped 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 report on Wednesday, January 29th. UBS Group raised their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. Finally, Bank of America dropped their target price on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $9,356.67.

NVR Stock Down 0.5 %

NVR opened at $7,483.53 on Wednesday. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 1-year low of $7,227.09 and a 1-year high of $9,964.77. The company has a market capitalization of $22.90 billion, a PE ratio of 14.74, a PEG ratio of 2.51 and a beta of 1.20. The firm’s 50 day simple moving average is $8,221.46 and its two-hundred day simple moving average is $8,845.75.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. As a group, equities analysts forecast that NVR, Inc. will post 512.33 EPS for the current year.

NVR announced that its Board of Directors has approved a stock buyback plan on Wednesday, December 11th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

NVR Company Profile

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.