NVR, Inc. (NYSE:NVR) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado trimmed its stake in shares of NVR, Inc. (NYSE:NVR - Free Report) by 11.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 298 shares of the construction company's stock after selling 39 shares during the period. Public Employees Retirement Association of Colorado's holdings in NVR were worth $2,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of NVR. Peak Financial Advisors LLC purchased a new position in shares of NVR during the 4th quarter valued at approximately $1,235,000. JPMorgan Chase & Co. increased its holdings in NVR by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock valued at $136,580,000 after buying an additional 2,206 shares in the last quarter. OLD Mission Capital LLC purchased a new position in NVR in the fourth quarter valued at $1,701,000. Markel Group Inc. raised its position in shares of NVR by 0.9% in the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock worth $96,626,000 after acquiring an additional 110 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of NVR by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock worth $171,266,000 after acquiring an additional 644 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Price Performance

Shares of NVR stock traded up $92.71 on Friday, reaching $7,127.60. 15,011 shares of the company were exchanged, compared to its average volume of 22,133. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The business has a 50-day moving average price of $7,192.32 and a 200 day moving average price of $8,050.75. The company has a market cap of $21.16 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 2.39 and a beta of 1.02.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $107.87 by ($13.04). NVR had a return on equity of 39.67% and a net margin of 16.34%. The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.35 billion. Equities research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insider Transactions at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares of the company's stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.00% of the company's stock.

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.