NVR, Inc. (NYSE:NVR) Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in NVR, Inc. (NYSE:NVR - Free Report) by 14.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 350 shares of the construction company's stock after buying an additional 44 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in NVR were worth $2,536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in NVR. Vanguard Group Inc. grew its holdings in NVR by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company's stock worth $2,800,946,000 after acquiring an additional 1,147 shares during the period. GAMMA Investing LLC lifted its stake in shares of NVR by 838,726.3% during the 1st quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company's stock worth $1,154,589,000 after buying an additional 159,358 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of NVR by 11.7% during the fourth quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock worth $880,099,000 after buying an additional 11,274 shares in the last quarter. Siemens Fonds Invest GmbH raised its holdings in NVR by 116,808.2% in the 4th quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock valued at $468,528,000 after acquiring an additional 57,236 shares in the last quarter. Finally, Boston Partners increased its stake in NVR by 3.2% in the fourth quarter. Boston Partners now owns 51,844 shares of the construction company's stock valued at $424,066,000 after acquiring an additional 1,605 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

Analysts Set New Price Targets

NVR has been the subject of several analyst reports. Wall Street Zen lowered NVR from a "hold" rating to a "sell" rating in a research report on Monday. UBS Group reduced their price target on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, NVR presently has a consensus rating of "Hold" and an average price target of $9,023.33.

NVR Trading Down 1.9%

NVR stock traded down $145.27 during mid-day trading on Friday, reaching $7,623.24. 17,832 shares of the company traded hands, compared to its average volume of 22,219. The firm's 50 day moving average price is $7,214.05 and its 200 day moving average price is $7,449.92. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 4.15 and a beta of 0.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.37 and a quick ratio of 3.02. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly 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). The business had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.35 billion. NVR had a return on equity of 38.32% and a net margin of 15.33%. On average, analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

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