Dimensional Fund Advisors LP Grows Position in NVR, Inc. (NYSE:NVR)

Dimensional Fund Advisors LP lifted its stake in NVR, Inc. (NYSE:NVR - Free Report) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,989 shares of the construction company's stock after purchasing an additional 1,801 shares during the period. Dimensional Fund Advisors LP owned approximately 0.98% of NVR worth $245,279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of NVR in the third quarter valued at about $49,000. EverSource Wealth Advisors LLC lifted its stake in shares of NVR by 150.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after purchasing an additional 3 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of NVR by 75.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after purchasing an additional 3 shares during the period. GAMMA Investing LLC lifted its stake in shares of NVR by 11.8% in the fourth quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after purchasing an additional 2 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of NVR by 122.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock valued at $164,000 after purchasing an additional 11 shares during the period. Institutional investors and hedge funds own 83.67% of the company's stock.

Analyst Ratings Changes

NVR has been the subject of a number of research reports. UBS Group cut their target price on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research report on Wednesday. JPMorgan Chase & Co. cut their target price 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. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, NVR presently has a consensus rating of "Hold" and a consensus price target of $9,023.33.

Insider Transactions at NVR

In other news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction dated 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 sale, the director now directly owns 1,050 shares in the company, valued at $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 SEC, which is available through the SEC website. Insiders own 7.80% of the company's stock.

NVR Price Performance

NVR traded down $62.42 during midday trading on Friday, reaching $7,084.46. 12,081 shares of the company's stock were exchanged, compared to its average volume of 22,227. 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 $21.03 billion, a PE ratio of 13.96, a P/E/G ratio of 2.39 and a beta of 1.07. The business's 50-day moving average price is $7,200.74 and its 200 day moving average price is $8,118.37. 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 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). The firm had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, equities analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

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.