Meeder Asset Management Inc. Has $2.14 Million Position in NVR, Inc. (NYSE:NVR)

Meeder Asset Management Inc. cut its position in NVR, Inc. (NYSE:NVR - Free Report) by 38.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 306 shares of the construction company's stock after selling 188 shares during the quarter. Meeder Asset Management Inc.'s holdings in NVR were worth $2,142,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Cantor Fitzgerald L. P. raised its holdings in NVR by 0.8% in the second quarter. Cantor Fitzgerald L. P. now owns 258 shares of the construction company's stock worth $1,638,000 after purchasing an additional 2 shares in the last quarter. Lakewood Asset Management LLC increased its holdings in shares of NVR by 0.5% during the third quarter. Lakewood Asset Management LLC now owns 428 shares of the construction company's stock valued at $2,552,000 after acquiring an additional 2 shares in the last quarter. Ritholtz Wealth Management increased its holdings in shares of NVR by 1.2% during the third quarter. Ritholtz Wealth Management now owns 173 shares of the construction company's stock valued at $1,032,000 after acquiring an additional 2 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of NVR by 5.0% during the third quarter. Global Retirement Partners LLC now owns 42 shares of the construction company's stock valued at $249,000 after acquiring an additional 2 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in shares of NVR by 5.7% during the third quarter. AE Wealth Management LLC now owns 37 shares of the construction company's stock valued at $221,000 after acquiring an additional 2 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors.

Insider Activity at NVR

In other NVR news, CFO Daniel David Malzahn sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total value of $14,505,660.00. Following the sale, the chief financial officer now owns 13,209 shares in the company, valued at approximately $95,802,631.47. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other NVR news, CFO Daniel David Malzahn sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total value of $14,505,660.00. Following the sale, the chief financial officer now owns 13,209 shares in the company, valued at approximately $95,802,631.47. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Matthew B. Kelpy sold 100 shares of the company's stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $7,615.00, for a total value of $761,500.00. Following the completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,751,450. The disclosure for this sale can be found here. Insiders have sold a total of 7,981 shares of company stock worth $59,155,947 over the last quarter. Insiders own 7.00% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of NVR from a "buy" rating to a "hold" rating in a report on Thursday, February 15th.

NVR Stock Performance

NYSE NVR traded down $36.74 during trading hours on Monday, reaching $7,871.15. The stock had a trading volume of 14,777 shares, compared to its average volume of 18,787. The stock has a fifty day moving average of $7,629.86 and a 200 day moving average of $6,815.62. The stock has a market cap of $25.19 billion, a P/E ratio of 16.99, a price-to-earnings-growth ratio of 2.96 and a beta of 1.13. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $8,211.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.90 and a current ratio of 6.10.

NVR (NYSE:NVR - Get Free Report) last issued its earnings results on Tuesday, January 30th. The construction company reported $121.56 EPS for the quarter, beating analysts' consensus estimates of $121.50 by $0.06. The firm had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.61 billion. NVR had a return on equity of 38.50% and a net margin of 17.09%. NVR's revenue for the quarter was down 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $133.44 earnings per share. Sell-side analysts predict that NVR, Inc. will post 484.65 earnings per share for the current year.

NVR declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 14th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

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.