BNP Paribas Financial Markets Grows Stock Position in NVR, Inc. (NYSE:NVR)

BNP Paribas Financial Markets grew its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 38.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,381 shares of the construction company's stock after purchasing an additional 934 shares during the quarter. BNP Paribas Financial Markets owned about 0.11% of NVR worth $23,669,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NVR. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in NVR in the 4th quarter valued at $35,000. Criterion Capital Advisors LLC purchased a new stake in NVR during the fourth quarter valued at about $42,000. Allworth Financial LP boosted its holdings in NVR by 100.0% in the 4th quarter. Allworth Financial LP now owns 8 shares of the construction company's stock worth $56,000 after buying an additional 4 shares during the period. GAMMA Investing LLC bought a new stake in shares of NVR during the 4th quarter valued at $78,000. Finally, Planned Solutions Inc. bought a new stake in shares of NVR during the 4th quarter valued at $91,000. Institutional investors own 83.67% of the company's stock.

Insider Activity at NVR

In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $7,700.00, for a total transaction of $1,540,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company's stock, valued at approximately $1,771,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $7,700.00, for a total transaction of $1,540,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company's stock, valued at approximately $1,771,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Paul C. Saville sold 500 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $7,525.06, for a total transaction of $3,762,530.00. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at approximately $804,127,911.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,202 shares of company stock valued at $31,747,540. Insiders own 7.00% of the company's stock.

NVR Price Performance

Shares of NVR stock traded down $5.77 on Tuesday, hitting $7,551.47. 18,261 shares of the company traded hands, compared to its average volume of 18,963. The firm's 50-day simple moving average is $7,748.35 and its 200 day simple moving average is $7,138.10. The company has a current ratio of 6.52, a quick ratio of 3.97 and a debt-to-equity ratio of 0.21. The company has a market cap of $23.64 billion, a P/E ratio of 15.75, a P/E/G ratio of 3.22 and a beta of 1.13. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,211.40.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, beating the consensus estimate of $103.97 by $12.44. NVR had a net margin of 17.33% and a return on equity of 38.54%. The firm had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.25 billion. During the same quarter last year, the company posted $99.89 EPS. The business's quarterly revenue was up 7.3% on a year-over-year basis. Analysts expect that NVR, Inc. will post 487.53 earnings per share for the current fiscal year.

NVR announced that its board has approved a stock buyback program on Wednesday, February 14th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts have recently weighed in on NVR shares. UBS Group upped their price target on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a "neutral" rating in a report on Wednesday, April 24th. StockNews.com raised shares of NVR from a "hold" rating to a "buy" rating in a research note on Wednesday, April 24th.

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.