First Hawaiian Bank Has $290,000 Stock Holdings in NVR, Inc. (NYSE:NVR)

First Hawaiian Bank lessened its position in NVR, Inc. (NYSE:NVR) by 62.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40 shares of the construction company’s stock after selling 67 shares during the period. First Hawaiian Bank’s holdings in NVR were worth $290,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JDM Financial Group LLC bought a new stake in NVR during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC grew its holdings in NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock worth $41,000 after acquiring an additional 3 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock worth $57,000 after acquiring an additional 3 shares during the last quarter. Franchise Capital Ltd bought a new stake in NVR during the 1st quarter worth about $51,000. Finally, Wilmington Savings Fund Society FSB grew its holdings in NVR by 60.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 8 shares of the construction company’s stock worth $65,000 after acquiring an additional 3 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. UBS Group decreased their price objective 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. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, May 24th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9,023.33.

NVR Stock Performance

NVR stock opened at $7,105.50 on Monday. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a market cap of $20.78 billion, a PE ratio of 14.00, a PEG ratio of 2.39 and a beta of 1.02. The company’s 50-day moving average is $7,145.84 and its two-hundred day moving average is $7,726.16.

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

NVR announced that its Board of Directors has authorized a share repurchase plan on Tuesday, May 6th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to purchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally a sign 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.