UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $208.39 Million Stock Position in NVR, Inc. (NYSE:NVR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,479 shares of the construction company's stock after selling 1,803 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.83% of NVR worth $208,390,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NVR. Proficio Capital Partners LLC acquired a new position in NVR during the fourth quarter valued at approximately $3,277,825,000. Siemens Fonds Invest GmbH raised its position in NVR by 116,808.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company's stock valued at $468,528,000 after purchasing an additional 57,236 shares in the last quarter. Norges Bank acquired a new position in shares of NVR during the fourth quarter worth $295,643,000. JPMorgan Chase & Co. grew its stake in shares of NVR by 165.8% in the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock worth $302,611,000 after purchasing an additional 23,079 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of NVR in the fourth quarter worth $118,087,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NVR shares. UBS Group reduced their price objective 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 price target on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $9,023.33.

NVR Stock Performance

Shares of NVR stock opened at $7,057.06 on Friday. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $7,165.65 and a two-hundred day moving average price of $7,835.48. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77. The company has a market cap of $20.63 billion, a P/E ratio of 13.90, a PEG ratio of 2.39 and a beta of 1.02.

NVR (NYSE:NVR - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The construction company reported $94.83 EPS for the quarter, missing the consensus estimate of $107.87 by ($13.04). The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its Board of Directors has authorized a stock buyback plan on Tuesday, May 6th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 3.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board believes its shares are 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.

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