Nomura Holdings Inc. Makes New $802,000 Investment in NVR, Inc. (NYSE:NVR)

Nomura Holdings Inc. purchased a new stake in shares of NVR, Inc. (NYSE:NVR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 98 shares of the construction company's stock, valued at approximately $802,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC grew its stake in shares of NVR by 5.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company's stock worth $294,000 after buying an additional 2 shares during the last quarter. Empirical Finance LLC raised its holdings in NVR by 2.0% during the fourth quarter. Empirical Finance LLC now owns 103 shares of the construction company's stock valued at $842,000 after acquiring an additional 2 shares during the period. Bleakley Financial Group LLC grew its holdings in NVR by 7.7% during the 4th quarter. Bleakley Financial Group LLC now owns 28 shares of the construction company's stock valued at $229,000 after buying an additional 2 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in NVR by 4.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 47 shares of the construction company's stock valued at $384,000 after buying an additional 2 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of NVR by 8.0% during the 4th quarter. Signaturefd LLC now owns 27 shares of the construction company's stock valued at $221,000 after purchasing an additional 2 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on NVR shares. JPMorgan Chase & Co. decreased their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. UBS Group decreased their price objective on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Finally, Wall Street Zen upgraded shares of NVR from a "sell" rating to a "hold" rating in a report on Saturday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, NVR has a consensus rating of "Hold" and an average target price of $9,023.33.

NVR Stock Up 0.1%

Shares of NVR stock traded up $8.49 on Friday, hitting $7,079.69. The stock had a trading volume of 18,613 shares, compared to its average volume of 22,160. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $7,163.57 and a 200 day moving average price of $7,799.32. The company has a market cap of $20.70 billion, a PE ratio of 13.95, a P/E/G ratio of 2.39 and a beta of 1.02. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced its earnings results 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 net margin of 16.34% and a return on equity of 39.67%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. Research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR declared that its board has approved a share repurchase plan on Tuesday, May 6th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

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.