NVR, Inc. (NYSE:NVR) Shares Sold by Xponance Inc.

Xponance Inc. cut its position in NVR, Inc. (NYSE:NVR) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 565 shares of the construction company’s stock after selling 2 shares during the quarter. Xponance Inc.’s holdings in NVR were worth $4,621,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Boston Partners grew its position in NVR by 3.2% during the 4th quarter. Boston Partners now owns 51,844 shares of the construction company’s stock worth $424,066,000 after purchasing an additional 1,605 shares during the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of NVR during the fourth quarter worth about $5,087,000. Freemont Management S.A. purchased a new position in shares of NVR during the fourth quarter worth about $2,454,000. Signaturefd LLC increased its position in NVR by 8.0% in the 4th quarter. Signaturefd LLC now owns 27 shares of the construction company’s stock valued at $221,000 after acquiring an additional 2 shares during the period. Finally, Cibc World Markets Corp raised its stake in NVR by 13.5% during the 4th quarter. Cibc World Markets Corp now owns 497 shares of the construction company’s stock valued at $4,065,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Buying and Selling at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the firm’s 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 transaction, the director now owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 7.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on NVR. JPMorgan Chase & Co. cut their price target on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. UBS Group boosted their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $9,356.67.

NVR Stock Up 0.1 %

NVR stock opened at $7,283.87 on Friday. The stock’s 50 day moving average price is $7,619.69 and its 200 day moving average price is $8,572.24. The company has a market cap of $21.78 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. 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.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, topping the consensus estimate 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 repurchase program on Wednesday, December 11th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is 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.