NVR, Inc. (NYSE:NVR) Stock Holdings Increased by Yousif Capital Management LLC

Yousif Capital Management LLC grew its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 25.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 560 shares of the construction company's stock after buying an additional 112 shares during the quarter. Yousif Capital Management LLC's holdings in NVR were worth $3,920,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NVR. Vanguard Group Inc. increased its position in shares of NVR by 2.1% during the third quarter. Vanguard Group Inc. now owns 358,402 shares of the construction company's stock worth $2,137,259,000 after purchasing an additional 7,516 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of NVR by 626,255.3% during the fourth quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company's stock worth $1,666,212,000 after purchasing an additional 237,977 shares in the last quarter. Invesco Ltd. increased its position in shares of NVR by 11.2% during the third quarter. Invesco Ltd. now owns 44,319 shares of the construction company's stock worth $264,287,000 after purchasing an additional 4,468 shares in the last quarter. Smead Capital Management Inc. increased its position in shares of NVR by 0.7% during the fourth quarter. Smead Capital Management Inc. now owns 39,481 shares of the construction company's stock worth $276,385,000 after purchasing an additional 277 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of NVR by 11.4% during the third quarter. Northern Trust Corp now owns 38,518 shares of the construction company's stock worth $229,694,000 after purchasing an additional 3,943 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Trading Down 1.0 %

Shares of NVR stock traded down $77.96 during trading hours on Friday, hitting $7,647.04. The company's stock had a trading volume of 24,587 shares, compared to its average volume of 17,901. NVR, Inc. has a twelve month low of $5,210.49 and a twelve month high of $8,211.40. The firm has a fifty day moving average of $7,741.99 and a 200-day moving average of $6,988.46. The stock has a market cap of $24.47 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 3.17 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.90 and a current ratio of 6.52.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The construction company reported $116.41 EPS for the quarter, beating the consensus estimate of $103.97 by $12.44. NVR had a return on equity of 38.54% and a net margin of 17.33%. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the company posted $99.89 EPS. The company's quarterly revenue was up 7.3% on a year-over-year basis. Research analysts forecast that NVR, Inc. will post 494.66 EPS for the current year.

NVR announced that its board has approved a stock repurchase plan on Wednesday, February 14th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts recently commented on NVR shares. UBS Group boosted their price target on NVR from $7,600.00 to $8,175.00 and gave the stock a "neutral" rating in a research report on Wednesday. StockNews.com upgraded NVR from a "hold" rating to a "buy" rating in a report on Wednesday.

Insider Activity

In other news, CAO Matthew B. Kelpy sold 200 shares of the company's stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $7,325.00, for a total value of $1,465,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company's stock, valued at approximately $1,684,750. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $7,325.00, for a total transaction of $1,465,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company's stock, valued at approximately $1,684,750. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Daniel David Malzahn sold 2,000 shares of the company's stock in a transaction dated 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 disclosure for this sale can be found here. Insiders have sold a total of 7,981 shares of company stock valued at $59,155,947 in the last quarter. Insiders own 7.00% of the company's stock.

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.