AQR Capital Management LLC Increases Stock Holdings in NVR, Inc. (NYSE:NVR)

AQR Capital Management LLC grew its stake in NVR, Inc. (NYSE:NVR - Free Report) by 19.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,564 shares of the construction company's stock after purchasing an additional 3,198 shares during the quarter. AQR Capital Management LLC owned approximately 0.64% of NVR worth $160,014,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Northern Trust Corp raised its position in shares of NVR by 20.1% in the fourth quarter. Northern Trust Corp now owns 34,894 shares of the construction company's stock valued at $285,395,000 after purchasing an additional 5,835 shares during the period. Virtus ETF Advisers LLC boosted its holdings in shares of NVR by 24.3% in the 4th quarter. Virtus ETF Advisers LLC now owns 128 shares of the construction company's stock worth $1,047,000 after purchasing an additional 25 shares in the last quarter. Evercore Wealth Management LLC raised its holdings in shares of NVR by 16.0% during the 4th quarter. Evercore Wealth Management LLC now owns 29 shares of the construction company's stock valued at $237,000 after buying an additional 4 shares in the last quarter. Pinebridge Investments L.P. purchased a new position in shares of NVR during the fourth quarter worth approximately $13,953,000. Finally, Dark Forest Capital Management LP lifted its stake in NVR by 157.7% in the fourth quarter. Dark Forest Capital Management LP now owns 67 shares of the construction company's stock worth $548,000 after purchasing an additional 41 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVR. UBS Group reduced their price target on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. dropped 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 note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Stock Up 1.3 %

NVR stock traded up $92.71 during midday trading on Friday, hitting $7,127.60. The company's stock had a trading volume of 15,011 shares, compared to its average volume of 22,133. The firm's 50-day moving average is $7,192.32 and its 200-day moving average is $8,050.75. 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 12 month low of $6,562.85 and a 12 month high of $9,964.77. The company has a market cap of $21.16 billion, a PE ratio of 14.04, a P/E/G ratio of 2.39 and a beta of 1.02.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly 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 the consensus estimate of $2.35 billion. On average, equities research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the business'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 directly owns 1,050 shares of the company's stock, valued at $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.00% of the company's stock.

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.