Crossmark Global Holdings Inc. Has $1.91 Million Stock Holdings in NVR, Inc. (NYSE:NVR)

Crossmark Global Holdings Inc. lifted its stake in NVR, Inc. (NYSE:NVR - Free Report) by 67.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 264 shares of the construction company's stock after purchasing an additional 106 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in NVR were worth $1,913,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NVR. Sequoia Financial Advisors LLC raised its stake in shares of NVR by 4.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 47 shares of the construction company's stock valued at $384,000 after acquiring an additional 2 shares during the last quarter. Signaturefd LLC increased its holdings in NVR by 8.0% in the fourth quarter. Signaturefd LLC now owns 27 shares of the construction company's stock valued at $221,000 after purchasing an additional 2 shares during the period. Quadrant Capital Group LLC raised its position in NVR by 11.1% during the 4th quarter. Quadrant Capital Group LLC now owns 20 shares of the construction company's stock worth $164,000 after purchasing an additional 2 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in NVR by 1.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 177 shares of the construction company's stock worth $1,282,000 after buying an additional 2 shares during the period. Finally, Peak Financial Advisors LLC grew its position in shares of NVR by 1.3% in the 1st quarter. Peak Financial Advisors LLC now owns 153 shares of the construction company's stock valued at $1,108,000 after buying an additional 2 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. UBS Group decreased 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. Wall Street Zen cut NVR from a "hold" rating to a "sell" rating in a report on Monday, June 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Trading Down 0.9%

NYSE NVR traded down $68.01 during mid-day trading on Friday, reaching $7,621.71. 13,988 shares of the stock were exchanged, compared to its average volume of 22,230. The stock has a market cap 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. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.37 and a quick ratio of 3.02. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The stock has a 50 day simple moving average of $7,267.58 and a 200-day simple moving average of $7,429.69.

NVR (NYSE:NVR - Get Free Report) last posted 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). NVR had a return on equity of 38.32% and a net margin of 15.33%. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. On average, analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

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