NVR, Inc. (NYSE:NVR) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP reduced its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 49.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 310 shares of the construction company's stock after selling 300 shares during the quarter. Two Sigma Advisers LP's holdings in NVR were worth $2,535,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Two Sigma Investments LP lifted its stake in shares of NVR by 1.0% during the 4th quarter. Two Sigma Investments LP now owns 404 shares of the construction company's stock worth $3,304,000 after purchasing an additional 4 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of NVR by 3,698.6% during the 4th quarter. Tidal Investments LLC now owns 2,811 shares of the construction company's stock worth $22,991,000 after purchasing an additional 2,737 shares during the last quarter. Toronto Dominion Bank lifted its stake in shares of NVR by 48.5% during the 4th quarter. Toronto Dominion Bank now owns 1,638 shares of the construction company's stock worth $13,394,000 after purchasing an additional 535 shares during the last quarter. Siemens Fonds Invest GmbH lifted its stake 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 worth $468,528,000 after purchasing an additional 57,236 shares during the last quarter. Finally, Shell Asset Management Co. lifted its stake in shares of NVR by 95.1% during the 4th quarter. Shell Asset Management Co. now owns 923 shares of the construction company's stock worth $7,549,000 after purchasing an additional 450 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Stock Up 0.1%

NVR stock traded up $7.86 during midday trading on Friday, reaching $7,105.50. The company's stock had a trading volume of 35,620 shares, compared to its average volume of 22,198. The stock's 50-day simple moving average is $7,145.84 and its 200-day simple moving average is $7,745.70. 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, 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 $20.78 billion, a P/E ratio of 14.00, a PEG ratio of 2.39 and a beta of 1.02.

NVR (NYSE:NVR - Get Free Report) last released its quarterly 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). The business had revenue of $2.40 billion during the quarter, compared to analysts' expectations of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, sell-side analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its Board of Directors has authorized a share repurchase plan on Tuesday, May 6th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

NVR has been the subject of a number of research analyst reports. 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 upgraded NVR from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, NVR presently has an average rating of "Hold" and an average target price 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.