Capital Research Global Investors Buys 11,274 Shares of NVR, Inc. (NYSE:NVR)

Capital Research Global Investors grew its position in NVR, Inc. (NYSE:NVR - Free Report) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 107,606 shares of the construction company's stock after buying an additional 11,274 shares during the period. Capital Research Global Investors owned 3.52% of NVR worth $880,099,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NVR. GAMMA Investing LLC grew its position in shares of NVR by 11.8% during the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock worth $155,000 after purchasing an additional 2 shares in the last quarter. Crestmont Private Wealth LLC increased its stake in NVR by 3.9% during 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 during the period. Lakewood Asset Management LLC increased its stake in NVR by 0.5% during the 4th quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company's stock worth $3,206,000 after acquiring an additional 2 shares during the period. Exchange Traded Concepts LLC raised its holdings in NVR by 5.9% in 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 in the last quarter. Finally, Bleakley Financial Group LLC lifted its position in shares of NVR by 7.7% during the 4th quarter. Bleakley Financial Group LLC now owns 28 shares of the construction company's stock valued at $229,000 after acquiring an additional 2 shares during the period. Institutional investors own 83.67% of the company's stock.

NVR Trading Down 1.3 %

NVR stock traded down $90.93 during trading hours on Friday, hitting $7,055.96. The stock had a trading volume of 4,018 shares, compared to its average volume of 22,214. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The stock has a market cap of $20.95 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 2.39 and a beta of 1.07. The business's 50 day simple moving average is $7,203.77 and its 200-day simple moving average is $8,155.40.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The construction company reported $94.83 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 firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, equities analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Buying and Selling

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on NVR shares. JPMorgan Chase & Co. cut their price objective 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 decreased their price objective on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $9,023.33.

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.