Signaturefd LLC Has $221,000 Holdings in NVR, Inc. (NYSE:NVR)

Signaturefd LLC lifted its position in NVR, Inc. (NYSE:NVR) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 27 shares of the construction company’s stock after buying an additional 2 shares during the period. Signaturefd LLC’s holdings in NVR were worth $221,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC purchased a new stake in shares of NVR in the fourth quarter valued at $3,277,825,000. Corient Private Wealth LLC raised its position in NVR by 2,599.1% during the fourth quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company’s stock valued at $73,512,000 after buying an additional 8,655 shares during the period. Raymond James Financial Inc. acquired a new position in NVR during the fourth quarter valued at $37,942,000. Amundi lifted its stake in NVR by 82.9% in the 4th quarter. Amundi now owns 9,131 shares of the construction company’s stock worth $73,102,000 after acquiring an additional 4,139 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in NVR by 6,012.1% during the 4th quarter. SG Americas Securities LLC now owns 3,545 shares of the construction company’s stock worth $28,994,000 after acquiring an additional 3,487 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Down 1.5 %

NVR opened at $7,181.22 on Friday. The company has a market capitalization of $21.47 billion, a PE ratio of 14.15, 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 fifty-two week low of $7,015.00 and a fifty-two week high of $9,964.77. The business has a 50-day moving average of $7,606.71 and a 200-day moving average of $8,558.41.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. Equities research analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a share buyback plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, Director Thomas D. Eckert sold 143 shares of the firm’s 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 transaction, the director now directly owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. This trade 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 link. 7.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target 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. UBS Group upped 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 equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.