Mn Services Vermogensbeheer B.V. Has $8.33 Million Stake in NVR, Inc. (NYSE:NVR)

Mn Services Vermogensbeheer B.V. lessened its stake in NVR, Inc. (NYSE:NVR - Free Report) by 7.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,150 shares of the construction company's stock after selling 90 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in NVR were worth $8,331,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NVR. Proficio Capital Partners LLC acquired a new stake in shares of NVR in the 4th quarter valued at $3,277,825,000. Vanguard Group Inc. lifted its holdings in 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 during the last quarter. GAMMA Investing LLC boosted its position in NVR by 838,726.3% in the first quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company's stock valued at $1,154,589,000 after buying an additional 159,358 shares in the last quarter. Capital Research Global Investors grew its stake in NVR by 11.7% during the fourth quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock worth $880,099,000 after buying an additional 11,274 shares during the last quarter. Finally, Siemens Fonds Invest GmbH increased its holdings in shares of 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 buying an additional 57,236 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Wall Street Zen lowered shares of NVR from a "hold" rating to a "sell" rating in a report on Saturday. UBS Group lowered their price target 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 issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $9,023.33.

NVR Stock Down 3.2%

Shares of NVR traded down $234.31 during mid-day trading on Tuesday, hitting $6,986.94. 23,579 shares of the company's stock were exchanged, compared to its average volume of 22,094. The company has a market cap of $20.43 billion, a PE ratio of 13.77, a P/E/G ratio of 2.39 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 company has a 50-day simple moving average of $7,160.50 and a 200 day simple moving average of $7,581.16. 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 (NYSE:NVR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a return on equity of 39.67% and a net margin of 16.34%. The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR announced that its board has initiated a share repurchase program on Tuesday, May 6th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the construction company to reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is 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.