Clarius Group LLC Buys Shares of 49 NVR, Inc. (NYSE:NVR)

Clarius Group LLC acquired a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 49 shares of the construction company's stock, valued at approximately $355,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Proficio Capital Partners LLC bought a new stake in NVR during the fourth quarter worth approximately $3,277,825,000. GAMMA Investing LLC raised its holdings in NVR by 838,726.3% during the first quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company's stock worth $1,154,589,000 after purchasing an additional 159,358 shares in the last quarter. Siemens Fonds Invest GmbH raised its holdings 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 worth $468,528,000 after purchasing an additional 57,236 shares in the last quarter. Norges Bank bought a new stake in NVR during the fourth quarter worth approximately $295,643,000. Finally, JPMorgan Chase & Co. raised its holdings in NVR by 165.8% during the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock worth $302,611,000 after purchasing an additional 23,079 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NYSE NVR traded up $184.48 during trading on Monday, hitting $7,342.42. The company had a trading volume of 21,898 shares, compared to its average volume of 22,006. The company has a market cap of $21.44 billion, a P/E ratio of 15.11, a PEG ratio of 3.90 and a beta of 0.99. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $9,964.77. The business's 50-day moving average is $7,155.67 and its 200 day moving average is $7,511.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.02 and a current ratio of 5.37.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly 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). The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. NVR had a net margin of 15.33% and a return on equity of 38.32%. Equities research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

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

Analyst Ratings Changes

Several brokerages recently commented on NVR. Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a report on Sunday. UBS Group dropped their target price 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. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9,023.33.

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.