Lido Advisors LLC Sells 752 Shares of NVR, Inc. (NYSE:NVR)

Lido Advisors LLC trimmed its stake in NVR, Inc. (NYSE:NVR - Free Report) by 74.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 256 shares of the construction company's stock after selling 752 shares during the period. Lido Advisors LLC's holdings in NVR were worth $2,094,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northern Trust Corp boosted its stake in NVR by 20.1% during the 4th quarter. Northern Trust Corp now owns 34,894 shares of the construction company's stock valued at $285,395,000 after purchasing an additional 5,835 shares during the last quarter. Virtus ETF Advisers LLC raised its holdings in shares of NVR by 24.3% in the 4th quarter. Virtus ETF Advisers LLC now owns 128 shares of the construction company's stock worth $1,047,000 after purchasing an additional 25 shares during the period. Evercore Wealth Management LLC boosted its position in NVR by 16.0% during the fourth quarter. Evercore Wealth Management LLC now owns 29 shares of the construction company's stock worth $237,000 after purchasing an additional 4 shares during the period. Pinebridge Investments L.P. purchased a new position in NVR in the 4th quarter valued at approximately $13,953,000. Finally, Dark Forest Capital Management LP boosted its stake in NVR by 157.7% in the 4th quarter. Dark Forest Capital Management LP now owns 67 shares of the construction company's stock worth $548,000 after purchasing an additional 41 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Down 1.2 %

NVR traded down $84.85 during trading on Tuesday, reaching $6,991.56. The stock had a trading volume of 2,935 shares, compared to its average volume of 22,053. The stock's 50 day moving average is $7,190.04 and its two-hundred day moving average is $8,005.89. The company has a market capitalization of $20.76 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 2.39 and a beta of 1.02. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their target price on 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. UBS Group dropped their price objective on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, NVR presently has a consensus rating of "Hold" and an average price target of $9,023.33.

Insider Buying and Selling at NVR

In related news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the transaction, the director now owns 1,050 shares in the company, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 7.00% of the company's stock.

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.