Dark Forest Capital Management LP Buys 41 Shares of NVR, Inc. (NYSE:NVR)

Dark Forest Capital Management LP boosted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 157.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67 shares of the construction company's stock after purchasing an additional 41 shares during the period. Dark Forest Capital Management LP's holdings in NVR were worth $548,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in NVR during the third quarter valued at about $49,000. Franklin Resources Inc. raised its stake in shares of NVR by 23.3% in the third quarter. Franklin Resources Inc. now owns 9,432 shares of the construction company's stock valued at $91,796,000 after buying an additional 1,780 shares during the period. JPMorgan Chase & Co. boosted its position in NVR by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock worth $136,580,000 after purchasing an additional 2,206 shares during the period. GAMMA Investing LLC raised its holdings in NVR by 11.8% during the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after acquiring an additional 2 shares during the period. Finally, Everence Capital Management Inc. purchased a new position in shares of NVR in the fourth quarter valued at $409,000. Institutional investors own 83.67% of the company's stock.

Analyst Ratings Changes

NVR has been the topic of a number of recent research reports. UBS Group cut their target price 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. reduced 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 note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $9,023.33.

NVR Price Performance

Shares of NYSE NVR traded down $54.85 during midday trading on Thursday, hitting $7,070.90. 3,559 shares of the company's stock were exchanged, compared to its average volume of 22,067. 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 $20.99 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 2.39 and a beta of 1.07. The business's fifty day moving average price is $7,196.61 and its two-hundred day moving average price is $8,087.43.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, research analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Transactions at NVR

In related 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 completion of the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. The trade was a 11.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 7.00% of the company's stock.

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.