Guggenheim Capital LLC Sells 265 Shares of NVR, Inc. (NYSE:NVR)

Guggenheim Capital LLC cut its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 84.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50 shares of the construction company's stock after selling 265 shares during the period. Guggenheim Capital LLC's holdings in NVR were worth $409,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of NVR. Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of NVR during the 4th quarter valued at approximately $20,357,000. Canada Post Corp Registered Pension Plan purchased a new position in NVR during the fourth quarter valued at approximately $491,000. Walleye Capital LLC boosted its position in shares of NVR by 86.7% in the fourth quarter. Walleye Capital LLC now owns 1,387 shares of the construction company's stock worth $11,344,000 after purchasing an additional 644 shares during the period. XTX Topco Ltd increased its stake in shares of NVR by 1,909.5% in the fourth quarter. XTX Topco Ltd now owns 422 shares of the construction company's stock worth $3,451,000 after purchasing an additional 401 shares in the last quarter. Finally, Mariner LLC raised its position in shares of NVR by 1.2% during the 4th quarter. Mariner LLC now owns 1,243 shares of the construction company's stock valued at $10,167,000 after purchasing an additional 15 shares during the period. Institutional investors own 83.67% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NVR shares. JPMorgan Chase & Co. dropped their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. UBS Group decreased their target price 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. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $9,023.33.

Insider Buying and Selling at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 7.00% of the company's stock.

NVR Trading Up 0.7 %

NYSE:NVR traded up $50.39 during midday trading on Friday, hitting $7,085.28. 2,418 shares of the company traded hands, compared to its average volume of 26,254. 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 firm's fifty day moving average is $7,196.32 and its 200-day moving average is $8,068.96. The firm has a market capitalization of $21.04 billion, a P/E ratio of 13.97, a P/E/G ratio of 2.39 and a beta of 1.07. NVR, Inc. has a 12-month low of $6,562.85 and a 12-month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last released its 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). The firm had revenue of $2.40 billion during 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, sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

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.