NVR, Inc. (NYSE:NVR) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its position in NVR, Inc. (NYSE:NVR - Free Report) by 15.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,838 shares of the construction company's stock after purchasing an additional 1,750 shares during the quarter. Deutsche Bank AG owned approximately 0.42% of NVR worth $105,001,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peak Financial Advisors LLC purchased a new position in NVR during the 4th quarter worth $1,235,000. OLD Mission Capital LLC acquired a new position in NVR during the fourth quarter worth about $1,701,000. Markel Group Inc. raised its position in NVR by 0.9% during the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock worth $96,626,000 after acquiring an additional 110 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in NVR by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock worth $171,266,000 after acquiring an additional 644 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of NVR by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock valued at $437,882,000 after buying an additional 1,549 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on NVR shares. JPMorgan Chase & Co. dropped their price target 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 for the company in a research note on Wednesday, April 23rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, NVR currently has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Stock Down 3.2%

NVR traded down $235.03 during trading on Wednesday, hitting $7,167.61. The company had a trading volume of 17,807 shares, compared to its average volume of 22,105. The company has a market cap of $20.96 billion, a PE ratio of 14.12, a P/E/G ratio of 2.39 and a beta of 1.02. The business has a 50-day moving average of $7,181.77 and a 200-day moving average of $7,922.51. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a return on equity of 39.67% and a net margin of 16.34%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. As a group, analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its board has approved a stock buyback plan on Tuesday, May 6th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 3.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

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.