GTS Securities LLC Acquires 59 Shares of NVR, Inc. (NYSE:NVR)

GTS Securities LLC raised its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 131.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104 shares of the construction company's stock after acquiring an additional 59 shares during the quarter. GTS Securities LLC's holdings in NVR were worth $851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in shares of NVR during the 4th quarter valued at $3,277,825,000. Vanguard Group Inc. grew its position in shares of NVR by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company's stock valued at $2,800,946,000 after purchasing an additional 1,147 shares in the last quarter. Capital Research Global Investors grew its position in shares of NVR by 11.7% during the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock valued at $880,099,000 after purchasing an additional 11,274 shares in the last quarter. Siemens Fonds Invest GmbH grew its position in shares of NVR by 116,808.2% during the 4th quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock valued at $468,528,000 after purchasing an additional 57,236 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of NVR by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock valued at $437,882,000 after purchasing an additional 1,549 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NVR shares. Wall Street Zen upgraded shares of NVR from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. UBS Group cut their target price 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. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $9,023.33.

NVR Price Performance

NYSE:NVR traded down $36.03 during midday trading on Friday, hitting $7,061.62. The company had a trading volume of 5,084 shares, compared to its average volume of 22,064. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77. The stock's fifty day moving average price is $7,149.81 and its 200-day moving average price is $7,759.55. The company has a market capitalization of $20.65 billion, a PE ratio of 13.92, a P/E/G ratio of 2.39 and a beta of 1.02. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 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 analysts' expectations of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, research analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

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