Capital World Investors Buys 23 Shares of NVR, Inc. (NYSE:NVR)

Capital World Investors increased its stake in shares of NVR, Inc. (NYSE:NVR) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,355 shares of the construction company’s stock after acquiring an additional 23 shares during the quarter. Capital World Investors owned approximately 1.32% of NVR worth $330,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of NVR. Peak Financial Advisors LLC purchased a new position in shares of NVR in the fourth quarter worth $1,235,000. JPMorgan Chase & Co. raised its stake in shares of NVR by 18.8% during the third 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 last quarter. OLD Mission Capital LLC purchased a new stake in shares of NVR during the fourth quarter worth about $1,701,000. Markel Group Inc. grew its stake in shares of NVR by 0.9% in the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company’s stock worth $96,626,000 after purchasing an additional 110 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in NVR by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company’s stock valued at $171,266,000 after purchasing an additional 644 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Stock Up 2.0 %

Shares of NYSE:NVR opened at $7,188.69 on Monday. The firm has a market capitalization of $21.34 billion, a P/E ratio of 14.16, 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 quick ratio of 3.69 and a current ratio of 6.18. The stock has a 50 day moving average price of $7,219.56 and a 200-day moving average price of $8,202.15. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77.

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, topping analysts’ consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, equities research analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. reduced their price objective on shares of 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 investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, NVR presently has a consensus rating of “Hold” and a consensus target price of $9,356.67.

Insider Buying and Selling

In other NVR news, Director Thomas D. Eckert sold 143 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were 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 approximately $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.00% of the stock is owned by company 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.