Caisse DE Depot ET Placement DU Quebec Acquires 329 Shares of NVR, Inc. (NYSE:NVR)

Caisse DE Depot ET Placement DU Quebec grew its position in NVR, Inc. (NYSE:NVR - Free Report) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,612 shares of the construction company's stock after purchasing an additional 329 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned approximately 0.51% of NVR worth $127,689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new stake in shares of NVR during the fourth quarter worth $3,277,825,000. Norges Bank acquired a new position in NVR during the 4th quarter worth $295,643,000. JPMorgan Chase & Co. increased its holdings in shares of NVR by 165.8% during the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock valued at $302,611,000 after purchasing an additional 23,079 shares during the period. Capital Research Global Investors grew its position in NVR by 11.7% in the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock valued at $880,099,000 after buying an additional 11,274 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in NVR by 2,599.1% during the 4th quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company's stock valued at $73,512,000 after buying an additional 8,655 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group decreased their price target on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their price target on 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. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, NVR currently has an average rating of "Hold" and an average target price of $9,023.33.

NVR Stock Down 1.3 %

Shares of NVR traded down $90.03 during mid-day trading on Tuesday, reaching $6,986.39. The company's stock had a trading volume of 4,319 shares, compared to its average volume of 26,000. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The company has a market cap of $20.74 billion, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. The business has a fifty day moving average of $7,190.04 and a 200 day moving average of $8,005.89.

NVR (NYSE:NVR - Get Free Report) last released its earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $2.35 billion. As a group, analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on 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 sale, the director now directly owns 1,050 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through 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.