Tidal Investments LLC Acquires 2,737 Shares of NVR, Inc. (NYSE:NVR)

Tidal Investments LLC increased its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 3,698.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,811 shares of the construction company's stock after acquiring an additional 2,737 shares during the quarter. Tidal Investments LLC owned about 0.09% of NVR worth $22,991,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC boosted its stake in NVR by 5.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company's stock valued at $294,000 after buying an additional 2 shares during the last quarter. Empirical Finance LLC raised its holdings in shares of NVR by 2.0% during the 4th quarter. Empirical Finance LLC now owns 103 shares of the construction company's stock worth $842,000 after acquiring an additional 2 shares in the last quarter. Bleakley Financial Group LLC boosted its position in shares of NVR by 7.7% during the 4th quarter. Bleakley Financial Group LLC now owns 28 shares of the construction company's stock valued at $229,000 after acquiring an additional 2 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of NVR by 4.4% during the 4th 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. Finally, Signaturefd LLC grew its holdings in shares of 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 in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NVR. UBS Group decreased their price target on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $9,023.33.

NVR Trading Down 0.3%

NVR stock traded down $21.03 during midday trading on Thursday, reaching $7,057.06. The stock had a trading volume of 14,059 shares, compared to its average volume of 22,108. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. The firm has a market cap of $20.63 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77. The company has a fifty day moving average of $7,168.69 and a 200 day moving average of $7,850.66.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results 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). The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. On average, analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

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