First Trust Advisors LP Has $23.88 Million Stake in NVR, Inc. (NYSE:NVR)

First Trust Advisors LP lessened its position in NVR, Inc. (NYSE:NVR - Free Report) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,920 shares of the construction company's stock after selling 310 shares during the quarter. First Trust Advisors LP owned approximately 0.10% of NVR worth $23,883,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of NVR. EverSource Wealth Advisors LLC lifted 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 worth $41,000 after purchasing an additional 3 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in NVR during the 3rd quarter worth about $49,000. Smartleaf Asset Management LLC boosted its stake in shares of 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 buying an additional 3 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after acquiring an additional 2 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in NVR by 122.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock worth $164,000 after acquiring an additional 11 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

Insider Transactions at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now directly owns 1,050 shares of the company's stock, valued at $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 7.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 29th. UBS Group cut their price target on shares of 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. Four equities 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 an average rating of "Hold" and an average price target of $9,023.33.

NVR Stock Performance

Shares of NVR stock traded down $50.01 during trading on Thursday, reaching $7,075.74. 2,884 shares of the company's stock were exchanged, compared to its average volume of 22,066. The firm's fifty day moving average price is $7,196.61 and its 200-day moving average price is $8,087.43. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77. The stock has a market capitalization of $21.01 billion, a PE ratio of 13.95, a PEG ratio of 2.39 and a beta of 1.07. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR - Get Free Report) last posted its 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). NVR had a return on equity of 39.67% and a net margin of 16.34%. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. As a group, sell-side analysts anticipate that NVR, Inc. will post 505.2 EPS for the current year.

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.