Amiral Gestion Makes New $5.90 Million Investment in NVR, Inc. (NYSE:NVR)

Amiral Gestion bought a new stake in shares of NVR, Inc. (NYSE:NVR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 721 shares of the construction company's stock, valued at approximately $5,897,000. NVR makes up approximately 3.7% of Amiral Gestion's portfolio, making the stock its 11th largest position.

Other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC bought a new position in shares of NVR during the 4th quarter valued at approximately $3,277,825,000. Vanguard Group Inc. raised its stake in NVR by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company's stock valued at $2,800,946,000 after purchasing an additional 1,147 shares in the last quarter. Capital Research Global Investors raised its stake in NVR by 11.7% during the fourth quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock valued at $880,099,000 after purchasing an additional 11,274 shares in the last quarter. Siemens Fonds Invest GmbH lifted its position in NVR by 116,808.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock valued at $468,528,000 after purchasing an additional 57,236 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of NVR by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock worth $437,882,000 after buying an additional 1,549 shares in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Trading Up 2.0%

Shares of NVR traded up $138.96 during midday trading on Tuesday, hitting $7,205.35. The stock had a trading volume of 22,129 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 firm has a market cap of $21.07 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The stock's 50 day moving average is $7,159.80 and its 200 day moving average is $7,783.75.

NVR (NYSE:NVR - Get Free Report) last released its earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share 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 business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. As a group, analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its board has authorized a stock buyback plan on Tuesday, May 6th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to buy up to 3.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, UBS Group lowered their price objective on 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 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 data from MarketBeat.com, the company has an average rating of "Hold" and an average target price 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.