Vontobel Holding Ltd. Has $1.59 Million Holdings in NVR, Inc. (NYSE:NVR)

Vontobel Holding Ltd. lifted its position in NVR, Inc. (NYSE:NVR - Free Report) by 106.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 219 shares of the construction company's stock after buying an additional 113 shares during the quarter. Vontobel Holding Ltd.'s holdings in NVR were worth $1,587,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the business. JDM Financial Group LLC acquired a new stake in shares of NVR in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC raised its position in shares of NVR by 150.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after purchasing an additional 3 shares during the period. CX Institutional acquired a new stake in shares of NVR in the first quarter worth $43,000. Franchise Capital Ltd bought a new stake in shares of NVR during the 1st quarter worth $51,000. Finally, Smartleaf Asset Management LLC lifted its position in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after acquiring an additional 3 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NVR shares. Wall Street Zen downgraded NVR from a "hold" rating to a "sell" rating in a research report on Monday, June 30th. UBS Group dropped their price target on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $9,023.33.

NVR Stock Performance

Shares of NYSE:NVR traded down $145.27 on Friday, hitting $7,623.24. 17,832 shares of the company were exchanged, compared to its average volume of 22,219. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.02 and a current ratio of 5.37. The company's 50 day moving average price is $7,214.05 and its two-hundred day moving average price is $7,449.92. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 4.15 and a beta of 0.99.

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 the consensus estimate of $107.87 by ($13.04). NVR had a net margin of 15.33% and a return on equity of 38.32%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. Research analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its Board of Directors has approved a stock repurchase program on Tuesday, May 6th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors 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.