DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Purchases 36 Shares of NVR, Inc. (NYSE:NVR)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 25.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178 shares of the construction company's stock after purchasing an additional 36 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in NVR were worth $1,456,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Crestline Management LP bought a new stake in shares of NVR during the 4th quarter worth about $2,650,000. Capstone Investment Advisors LLC raised its holdings in NVR by 683.6% in the 4th quarter. Capstone Investment Advisors LLC now owns 572 shares of the construction company's stock worth $4,678,000 after acquiring an additional 499 shares during the period. Captrust Financial Advisors boosted its holdings in NVR by 0.5% during the fourth quarter. Captrust Financial Advisors now owns 574 shares of the construction company's stock valued at $4,698,000 after acquiring an additional 3 shares during the period. Caxton Associates LP boosted its holdings in NVR by 14.6% during the fourth quarter. Caxton Associates LP now owns 102 shares of the construction company's stock valued at $834,000 after acquiring an additional 13 shares during the period. Finally, Citadel Advisors LLC bought a new stake in NVR during the fourth quarter valued at about $118,087,000. Institutional investors own 83.67% of the company's stock.

NVR Stock Up 0.9%

NYSE NVR traded up $65.79 during trading on Thursday, hitting $7,233.37. The stock had a trading volume of 15,694 shares, compared to its average volume of 22,079. The company has a market capitalization of $21.15 billion, a PE ratio of 14.25, a P/E/G ratio of 2.39 and a beta of 1.02. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77. The company's 50-day moving average price is $7,177.24 and its two-hundred day moving average price is $7,917.30. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly 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 the consensus estimate of $2.35 billion. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

NVR announced that its Board of Directors has authorized a stock repurchase program on Tuesday, May 6th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

Several brokerages recently weighed in on NVR. JPMorgan Chase & Co. decreased their target price 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 reduced their target price 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 analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $9,023.33.

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.