NVR, Inc. (NYSE:NVR) Shares Bought by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. boosted its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 176.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 396 shares of the construction company's stock after acquiring an additional 253 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in NVR were worth $3,239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after purchasing an additional 3 shares during the period. Smartleaf Asset Management LLC raised its holdings in NVR by 75.0% during the fourth 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. Wilmington Savings Fund Society FSB lifted its position in NVR by 60.0% in the fourth 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 during the period. Cullen Frost Bankers Inc. lifted its position in NVR by 122.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock valued at $164,000 after purchasing an additional 11 shares during the period. Finally, Quadrant Capital Group LLC boosted its holdings in NVR by 11.1% in the 4th quarter. Quadrant Capital Group LLC now owns 20 shares of the construction company's stock valued at $164,000 after purchasing an additional 2 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on NVR shares. UBS Group reduced their price target on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. reduced their target price on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, NVR has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Price Performance

Shares of NVR stock traded down $21.03 during midday trading on Thursday, reaching $7,057.06. 14,060 shares of the company traded hands, compared to its average volume of 22,108. The firm's 50 day simple moving average is $7,168.69 and its two-hundred day simple moving average is $7,850.66. The firm has a market cap of $20.63 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $2.40 billion during the quarter, compared to analysts' expectations of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, equities research analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its Board of Directors has authorized a share repurchase plan on Tuesday, May 6th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

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.