Ossiam Raises Position in NVR, Inc. (NYSE:NVR)

Ossiam grew its position in shares of NVR, Inc. (NYSE:NVR) by 335.0% during the fourth quarter, Holdings Channel reports. The fund owned 87 shares of the construction company’s stock after purchasing an additional 67 shares during the period. Ossiam’s holdings in NVR were worth $712,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Lakewood Asset Management LLC boosted its position in shares of NVR by 0.5% during the fourth quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company’s stock valued at $3,206,000 after purchasing an additional 2 shares in the last quarter. GAMMA Investing LLC grew its position 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 buying an additional 2 shares during the period. Crestmont Private Wealth LLC increased its stake in shares of NVR by 3.9% in the 4th quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company’s stock worth $433,000 after acquiring an additional 2 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in NVR by 5.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company’s stock valued at $294,000 after acquiring an additional 2 shares during the period. Finally, Empirical Finance LLC boosted its stake in NVR by 2.0% during the fourth quarter. Empirical Finance LLC now owns 103 shares of the construction company’s stock worth $842,000 after acquiring an additional 2 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Trading Down 0.5 %

Shares of NYSE NVR opened at $7,152.13 on Tuesday. The company has a market cap of $21.23 billion, a PE ratio of 14.09, 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 firm’s 50 day moving average price is $7,216.66 and its 200-day moving average price is $8,185.62. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. On average, equities research analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Activity at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on NVR shares. UBS Group boosted their price target 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. dropped their target price 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. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $9,356.67.

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.