Vise Technologies Inc. Grows Stake in NVR, Inc. (NYSE:NVR)

Vise Technologies Inc. lifted its position in NVR, Inc. (NYSE:NVR - Free Report) by 105.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 109 shares of the construction company's stock after buying an additional 56 shares during the period. Vise Technologies Inc.'s holdings in NVR were worth $892,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. OLD Mission Capital LLC bought a new position in NVR during the 4th quarter worth about $1,701,000. Markel Group Inc. lifted its position in NVR by 0.9% during the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock worth $96,626,000 after acquiring an additional 110 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of NVR by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock worth $171,266,000 after purchasing an additional 644 shares during the period. Principal Financial Group Inc. increased its stake in NVR by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock valued at $437,882,000 after acquiring an additional 1,549 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of NVR by 45.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,006 shares of the construction company's stock worth $8,228,000 after buying an additional 312 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Price Performance

NYSE NVR traded down $46.37 during trading hours on Friday, reaching $7,051.28. 5,084 shares of the stock traded hands, compared to its average volume of 22,064. The stock has a 50 day simple moving average of $7,149.81 and a two-hundred day simple moving average of $7,759.55. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The company has a market cap of $20.62 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02.

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 net margin of 16.34% and a return on equity of 39.67%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a stock repurchase plan 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 shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. UBS Group dropped their target price on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, NVR presently has a consensus rating of "Hold" and a consensus price target of $9,023.33.

NVR Company 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.