Numerai GP LLC Has $319,000 Stock Holdings in NVR, Inc. (NYSE:NVR)

Numerai GP LLC lessened its stake in NVR, Inc. (NYSE:NVR) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39 shares of the construction company’s stock after selling 2 shares during the period. Numerai GP LLC’s holdings in NVR were worth $319,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock worth $41,000 after buying an additional 3 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock valued at $57,000 after buying an additional 3 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of NVR by 60.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 8 shares of the construction company’s stock valued at $65,000 after buying an additional 3 shares in the last quarter. Morse Asset Management Inc raised its stake in NVR by 1,200.0% during the 4th quarter. Morse Asset Management Inc now owns 13 shares of the construction company’s stock worth $106,000 after buying an additional 12 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its holdings in NVR by 122.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company’s stock worth $164,000 after acquiring an additional 11 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NVR shares. JPMorgan Chase & Co. cut their price objective on 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 dropped their target price on shares of NVR from $8,900.00 to $7,900.00 and set a “neutral” rating on the stock in a report on Wednesday, April 23rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, NVR currently has an average rating of “Hold” and a consensus target price of $9,023.33.

NVR Trading Up 0.9%

NYSE:NVR opened at $7,233.37 on Friday. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $7,171.58 and a two-hundred day moving average price of $7,902.99. The company has a market cap of $21.15 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02.

NVR (NYSE:NVR) last announced its earnings results on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing the consensus estimate of $107.87 by ($13.04). The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a share buyback program on Tuesday, May 6th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

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.