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

Walleye Capital LLC increased its stake in shares of NVR, Inc. (NYSE:NVR) by 86.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,387 shares of the construction company’s stock after buying an additional 644 shares during the quarter. Walleye Capital LLC’s holdings in NVR were worth $11,344,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. MML Investors Services LLC increased its holdings in shares of NVR by 2.1% in the third quarter. MML Investors Services LLC now owns 242 shares of the construction company’s stock valued at $2,374,000 after purchasing an additional 5 shares during the period. Coldstream Capital Management Inc. acquired a new position in NVR in the 3rd quarter worth approximately $292,000. Wilmington Savings Fund Society FSB acquired a new position in NVR in the 3rd quarter worth approximately $49,000. Franklin Resources Inc. raised its position in NVR by 23.3% during the 3rd quarter. Franklin Resources Inc. now owns 9,432 shares of the construction company’s stock worth $91,796,000 after buying an additional 1,780 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in NVR by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock valued at $136,580,000 after acquiring an additional 2,206 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Performance

NVR opened at $7,255.55 on Tuesday. The firm has a fifty day moving average price of $7,252.16 and a 200 day moving average price of $8,274.97. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The stock has a market cap of $21.54 billion, a P/E ratio of 14.30, a P/E/G ratio of 2.39 and a beta of 1.07. 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 (NYSE:NVR) last issued its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping 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%. Equities research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NVR has been the topic of a number of research reports. UBS Group increased their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their price target on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9,356.67.

Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of the company’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 transaction of $1,074,730.80. Following the completion of the transaction, the director now directly owns 1,050 shares of the company’s stock, valued at $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 7.00% of the stock is currently owned by insiders.

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.