Farringdon Capital Ltd. Acquires Shares of 44 NVR, Inc. (NYSE:NVR)

Farringdon Capital Ltd. bought a new stake in NVR, Inc. (NYSE:NVR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 44 shares of the construction company's stock, valued at approximately $360,000.

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

Insider Buying and Selling

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company's stock in a transaction dated Monday, February 10th. The stock was 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. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 7.80% of the stock is currently owned by company insiders.

NVR Price Performance

NVR stock traded up $21.93 during midday trading on Thursday, hitting $7,105.02. 4,689 shares of the stock were exchanged, compared to its average volume of 27,135. The stock's 50-day moving average price is $7,207.51 and its 200-day moving average price is $8,170.91. The stock has a market cap of $21.09 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 2.39 and a beta of 1.07. NVR, Inc. has a fifty-two week low of $6,562.85 and a fifty-two week high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18.

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

Wall Street Analyst Weigh In

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