NVR, Inc. (NYSE:NVR) Holdings Boosted by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of NVR, Inc. (NYSE:NVR) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,257 shares of the construction company’s stock after purchasing an additional 81 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.11% of NVR worth $26,639,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NVR. Wilmington Savings Fund Society FSB acquired a new position in NVR during the 3rd quarter valued at approximately $49,000. EverSource Wealth Advisors LLC boosted its holdings in shares of NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock valued at $41,000 after acquiring an additional 3 shares during the period. Smartleaf Asset Management LLC grew its position in shares of NVR by 75.0% during the fourth 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. GAMMA Investing LLC increased its holdings in shares of NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company’s stock worth $155,000 after acquiring an additional 2 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in NVR by 122.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company’s stock valued at $164,000 after purchasing an additional 11 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Thomas D. Eckert sold 143 shares of the firm’s stock in a transaction dated 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 $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 7.00% of the stock is owned by insiders.

NVR Stock Up 2.0 %

NVR stock opened at $7,188.69 on Friday. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $9,964.77. The stock has a market cap of $21.34 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 2.39 and a beta of 1.07. The company’s 50-day moving average price is $7,219.56 and its two-hundred day moving average price is $8,222.59. 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 (NYSE:NVR) last posted its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) 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%. On average, analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on NVR shares. JPMorgan Chase & Co. decreased their target price 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 increased their price objective on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $9,356.67.

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.