T. Rowe Price Investment Management Inc. Sells 107 Shares of NVR, Inc. (NYSE:NVR)

T. Rowe Price Investment Management Inc. cut its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,172 shares of the construction company's stock after selling 107 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 0.10% of NVR worth $25,944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of NVR. Peak Financial Advisors LLC bought a new position in shares of NVR in the 4th quarter worth approximately $1,235,000. JPMorgan Chase & Co. increased its holdings in shares of NVR by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company's stock worth $136,580,000 after buying an additional 2,206 shares during the last quarter. OLD Mission Capital LLC bought a new position in shares of NVR during the fourth quarter valued at approximately $1,701,000. Markel Group Inc. raised its holdings 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 valued at $96,626,000 after acquiring an additional 110 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in NVR by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock valued at $171,266,000 after acquiring an additional 644 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company's stock.

NVR Stock Performance

Shares of NYSE:NVR traded up $85.81 on Friday, hitting $7,120.70. The company's stock had a trading volume of 3,329 shares, compared to its average volume of 22,052. The stock's 50-day moving average is $7,196.32 and its two-hundred day moving average is $8,068.96. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77. The company has a market capitalization of $21.14 billion, a price-to-earnings ratio of 14.04, 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 issued its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a net margin of 16.34% and a return on equity of 39.67%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. On average, equities research analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NVR. UBS Group dropped their target price on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. cut their price target on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, NVR presently has a consensus rating of "Hold" and an average target price of $9,023.33.

Insider Transactions at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now directly owns 1,050 shares of the company's stock, valued at $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.00% of the stock is owned by corporate insiders.

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.