NVR, Inc. (NYSE:NVR) Position Increased by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 58.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130 shares of the construction company's stock after buying an additional 48 shares during the quarter. D.A. Davidson & CO.'s holdings in NVR were worth $942,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. JDM Financial Group LLC purchased a new position in shares of NVR in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of NVR by 150.0% in the 4th 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. CX Institutional acquired a new stake in shares of NVR in the first quarter valued at about $43,000. Franchise Capital Ltd acquired a new stake in shares of NVR in the first quarter valued at about $51,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of NVR by 75.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after buying an additional 3 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Stock Performance

NYSE:NVR traded down $68.01 during trading hours on Friday, reaching $7,621.71. 13,988 shares of the stock were exchanged, compared to its average volume of 22,243. The company has a quick ratio of 3.02, a current ratio of 5.37 and a debt-to-equity ratio of 0.23. The firm has a 50 day simple moving average of $7,257.70 and a 200-day simple moving average of $7,434.09. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $9,964.77. The stock has a market capitalization of $22.26 billion, a P/E ratio of 15.68, a P/E/G ratio of 4.19 and a beta of 0.99.

NVR (NYSE:NVR - Get Free Report) last released its earnings results 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 the consensus estimate of $2.35 billion. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR declared that its board has approved a share repurchase program on Tuesday, May 6th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to buy up to 3.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NVR. Wall Street Zen lowered NVR from a "hold" rating to a "sell" rating in a research note on Monday, June 30th. UBS Group lowered their price objective on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target 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.