NVR, Inc. (NYSE:NVR) Shares Acquired by PYA Waltman Capital LLC

PYA Waltman Capital LLC grew its holdings in shares of NVR, Inc. (NYSE:NVR) by 20.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 523 shares of the construction company’s stock after purchasing an additional 88 shares during the period. NVR makes up approximately 1.4% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 19th largest holding. PYA Waltman Capital LLC’s holdings in NVR were worth $4,278,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. purchased a new position in NVR in the 3rd quarter worth about $39,000. Peak Financial Advisors LLC acquired a new position in NVR during the fourth quarter valued at approximately $1,235,000. JPMorgan Chase & Co. lifted its position in NVR by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock worth $136,580,000 after acquiring an additional 2,206 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of NVR during the 3rd quarter worth about $9,341,000. Finally, Brown Brothers Harriman & Co. raised its stake in NVR by 11.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,514 shares of the construction company’s stock valued at $24,667,000 after purchasing an additional 250 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

NVR Price Performance

NVR stock opened at $7,248.58 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The stock has a market capitalization of $21.67 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 2.33 and a beta of 1.20. The stock’s 50 day moving average price is $7,989.86 and its two-hundred day moving average price is $8,778.62. NVR, Inc. has a 52-week low of $7,073.38 and a 52-week high of $9,964.77.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS 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, equities analysts predict that NVR, Inc. will post 512.33 earnings per share for the current year.

NVR announced that its board has authorized a share repurchase plan on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. UBS Group increased 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, January 29th. Seaport Res Ptn lowered NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. JPMorgan Chase & Co. lowered their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. Finally, StockNews.com downgraded shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9,356.67.

Insider Activity at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction dated 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 transaction, 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 hyperlink. 7.00% of the stock is currently owned by company insiders.

NVR 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.