BI Asset Management Fondsmaeglerselskab A S Buys 81 Shares of NVR, Inc. (NYSE:NVR)

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,257 shares of the construction company's stock after purchasing an additional 81 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned about 0.11% of NVR worth $26,639,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of NVR. EverSource Wealth Advisors LLC raised its stake in shares of NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock valued at $41,000 after buying an additional 3 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in NVR in the third quarter valued at about $49,000. Smartleaf Asset Management LLC lifted its stake in NVR by 75.0% during the fourth 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 period. GAMMA Investing LLC boosted its holdings in NVR by 11.8% during the fourth quarter. GAMMA Investing LLC now owns 19 shares of the construction company's stock valued at $155,000 after purchasing an additional 2 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in shares of NVR by 122.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 20 shares of the construction company's stock valued at $164,000 after purchasing an additional 11 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business's stock in a transaction dated 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. The trade was a 11.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 7.80% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. UBS Group cut 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. JPMorgan Chase & Co. reduced their price target on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 29th. Four investment 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.

NVR Price Performance

Shares of NYSE:NVR traded up $95.61 during midday trading on Thursday, reaching $7,178.70. The company's stock had a trading volume of 7,332 shares, compared to its average volume of 22,209. The business's fifty day simple moving average is $7,207.51 and its 200-day simple moving average is $8,170.91. The company has a market capitalization of $21.31 billion, a P/E ratio of 14.14, a P/E/G 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 fifty-two week low of $6,562.85 and a fifty-two week high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced 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 return on equity of 39.67% and a net margin of 16.34%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. As a group, equities research analysts expect that NVR, Inc. will post 505.2 EPS for the current fiscal year.

About NVR

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.