Clarius Group LLC Acquires New Shares in NVR, Inc. (NYSE:NVR)

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

Other large investors also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in NVR during the fourth quarter worth about $3,277,825,000. GAMMA Investing LLC lifted its position 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 in the last quarter. Siemens Fonds Invest GmbH boosted its stake in shares of NVR by 116,808.2% in the 4th quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock worth $468,528,000 after buying an additional 57,236 shares during the last quarter. Norges Bank bought a new position in shares of NVR in the fourth quarter valued at approximately $295,643,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of NVR by 165.8% in the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock valued at $302,611,000 after acquiring an additional 23,079 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Stock Performance

Shares of NVR stock traded up $172.57 during trading hours on Friday, hitting $7,152.24. 50,383 shares of the company were exchanged, compared to its average volume of 22,256. The company has a current ratio of 5.37, a quick ratio of 3.02 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $20.88 billion, a price-to-earnings ratio of 14.72, a P/E/G ratio of 3.80 and a beta of 0.99. The firm has a fifty day simple moving average of $7,155.06 and a 200 day simple moving average of $7,557.61. 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 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). NVR had a net margin of 15.33% and a return on equity of 38.32%. The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. Research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR declared that its Board of Directors has authorized a share repurchase program on Tuesday, May 6th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen lowered NVR from a "hold" rating to a "sell" rating in a report on Saturday, June 14th. UBS Group lowered their target price on 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus 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.