NVR, Inc. (NYSE:NVR) Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 72.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 196 shares of the construction company's stock after selling 517 shares during the period. Bessemer Group Inc.'s holdings in NVR were worth $1,420,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Brighton Jones LLC grew its holdings in NVR by 68.9% during the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company's stock worth $622,000 after acquiring an additional 31 shares during the period. SVB Wealth LLC purchased a new stake in shares of NVR during the 4th quarter worth $237,000. US Bancorp DE grew its stake in shares of NVR by 18.6% during the 4th quarter. US Bancorp DE now owns 268 shares of the construction company's stock worth $2,192,000 after purchasing an additional 42 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of NVR by 75.0% during 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 during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of NVR by 130.0% in the 4th quarter. Jones Financial Companies Lllp now owns 23 shares of the construction company's stock valued at $188,000 after purchasing an additional 13 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on NVR shares. Wall Street Zen cut NVR from a "hold" rating to a "sell" rating in a research report on Monday. UBS Group lowered 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 research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $9,023.33.

NVR Trading Down 1.9%

NVR stock traded down $145.27 during trading on Thursday, reaching $7,623.24. The company had a trading volume of 17,832 shares, compared to its average volume of 22,181. NVR, Inc. has a 12-month low of $6,562.85 and a 12-month high of $9,964.77. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.02 and a current ratio of 5.37. The stock's 50 day moving average price is $7,194.26 and its two-hundred day moving average price is $7,461.97. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 4.17 and a beta of 0.99.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a return on equity of 38.32% and a net margin of 15.33%. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. As a group, equities analysts expect that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR announced that its Board of Directors has initiated a share buyback program on Tuesday, May 6th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board 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.