NVR, Inc. (NYSE:NVR) Stake Lowered by Stifel Financial Corp

Stifel Financial Corp cut its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 9.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 517 shares of the construction company's stock after selling 57 shares during the quarter. Stifel Financial Corp's holdings in NVR were worth $4,229,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new position in NVR in the 4th quarter worth approximately $3,277,825,000. Vanguard Group Inc. grew its holdings in NVR by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company's stock worth $2,800,946,000 after buying an additional 1,147 shares in the last quarter. Capital Research Global Investors grew its holdings in NVR by 11.7% in the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock worth $880,099,000 after buying an additional 11,274 shares in the last quarter. Principal Financial Group Inc. grew its holdings in NVR by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock worth $437,882,000 after buying an additional 1,549 shares in the last quarter. Finally, Boston Partners grew its holdings in NVR by 3.2% in the 4th quarter. Boston Partners now owns 51,844 shares of the construction company's stock worth $424,066,000 after buying an additional 1,605 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.00% of the company's stock.

NVR Price Performance

Shares of NYSE:NVR opened at $7,054.65 on Friday. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The stock has a fifty day moving average of $7,196.32 and a 200-day moving average of $8,068.96. The company has a market capitalization of $20.95 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. 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 released its earnings results 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 business had revenue of $2.40 billion during 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, equities analysts anticipate that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. UBS Group decreased their price target on 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. JPMorgan Chase & Co. cut their price objective 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. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $9,023.33.

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.

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