NVR, Inc. (NYSE:NVR) Shares Sold by Avanza Fonder AB

Avanza Fonder AB lessened its position in NVR, Inc. (NYSE:NVR - Free Report) by 26.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 243 shares of the construction company's stock after selling 89 shares during the quarter. Avanza Fonder AB's holdings in NVR were worth $1,774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. JDM Financial Group LLC bought a new stake in shares of NVR in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased its position in NVR by 150.0% during the 4th 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. Franchise Capital Ltd purchased a new position in NVR during the 1st quarter valued at $51,000. Smartleaf Asset Management LLC raised its holdings in NVR by 75.0% in the 4th 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. Finally, Wilmington Savings Fund Society FSB boosted its stake in shares of NVR by 60.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 8 shares of the construction company's stock valued at $65,000 after purchasing an additional 3 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on NVR. Wall Street Zen raised shares of NVR from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. UBS Group cut their price objective on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $9,023.33.

NVR Stock Up 1.4%

NYSE:NVR traded up $102.50 during trading hours on Thursday, reaching $7,399.07. The company's stock had a trading volume of 16,673 shares, compared to its average volume of 22,077. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The company has a market capitalization of $21.63 billion, a P/E ratio of 14.58, a price-to-earnings-growth ratio of 2.39 and a beta of 0.99. The stock has a 50 day moving average price of $7,132.85 and a two-hundred day moving average price of $7,644.39. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. Equities analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR announced that its Board of Directors has authorized a share repurchase plan on Tuesday, May 6th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

About NVR

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.