Hsbc Holdings PLC Acquires 5,851 Shares of NVR, Inc. (NYSE:NVR)

Hsbc Holdings PLC grew its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 31.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,671 shares of the construction company's stock after buying an additional 5,851 shares during the period. Hsbc Holdings PLC owned about 0.81% of NVR worth $201,821,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in shares of NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after purchasing an additional 3 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in NVR in the 3rd quarter valued at about $49,000. Smartleaf Asset Management LLC raised its position in NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after purchasing an additional 3 shares during the last quarter. GAMMA Investing LLC boosted its stake 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 purchasing an additional 2 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in shares of NVR by 122.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock valued at $164,000 after acquiring an additional 11 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. UBS Group reduced their target price on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. reduced their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, NVR has an average rating of "Hold" and an average price target of $9,023.33.

Insider Activity

In related news, Director Thomas D. Eckert sold 143 shares of the company'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 transaction, the director now directly owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.00% of the company's stock.

NVR Price Performance

NVR traded down $38.25 on Monday, hitting $7,033.18. 2,825 shares of the stock were exchanged, compared to its average volume of 22,153. The business has a 50-day moving average of $7,200.74 and a two-hundred day moving average of $8,118.37. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 2.39 and a beta of 1.07. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. 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 issued its earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a net margin of 16.34% and a return on equity of 39.67%. The company had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. Sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal 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.