Davidson Kahn Capital Management LLC Makes New $1.50 Million Investment in NVR, Inc. (NYSE:NVR)

Davidson Kahn Capital Management LLC purchased a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 183 shares of the construction company's stock, valued at approximately $1,497,000. NVR accounts for 1.4% of Davidson Kahn Capital Management LLC's holdings, making the stock its 25th biggest position.

A number of other institutional investors have also added to or reduced their stakes in NVR. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of NVR by 2.2% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 15,612 shares of the construction company's stock valued at $127,689,000 after buying an additional 329 shares during the last quarter. Kapitalo Investimentos Ltda acquired a new position in NVR during the 4th quarter valued at about $237,000. Voleon Capital Management LP acquired a new position in NVR during the 4th quarter valued at about $3,092,000. Schonfeld Strategic Advisors LLC increased its holdings in NVR by 8.6% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 190 shares of the construction company's stock worth $1,554,000 after purchasing an additional 15 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of NVR by 19.5% in the fourth quarter. AQR Capital Management LLC now owns 19,564 shares of the construction company's stock worth $160,014,000 after purchasing an additional 3,198 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Thomas D. Eckert sold 143 shares of the 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. This represents a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.00% of the stock is currently owned by corporate insiders.

NVR Stock Performance

Shares of NYSE NVR traded up $92.71 during midday trading on Friday, reaching $7,127.60. The company's stock had a trading volume of 15,011 shares, compared to its average volume of 22,160. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The stock has a market capitalization of $21.16 billion, a P/E ratio of 14.04, a PEG ratio of 2.39 and a beta of 1.02. The firm has a 50 day moving average price of $7,192.32 and a 200-day moving average price of $8,038.07. NVR, Inc. has a 12-month low of $6,562.85 and a 12-month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced 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 business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, equities analysts predict that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NVR shares. 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 report on Wednesday, January 29th. UBS Group cut 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 report on Wednesday, April 23rd. Four 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.com, the company has a consensus rating of "Hold" and a consensus price target of $9,023.33.

NVR Company 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.