Voleon Capital Management LP Takes $3.09 Million Position in NVR, Inc. (NYSE:NVR)

Voleon Capital Management LP bought a new position in NVR, Inc. (NYSE:NVR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 378 shares of the construction company's stock, valued at approximately $3,092,000.

Other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC bought a new position in shares of NVR during the 4th quarter worth about $3,277,825,000. Norges Bank acquired a new position in NVR in the fourth quarter worth about $295,643,000. JPMorgan Chase & Co. lifted its stake in NVR by 165.8% during the fourth quarter. JPMorgan Chase & Co. now owns 36,999 shares of the construction company's stock worth $302,611,000 after purchasing an additional 23,079 shares during the period. Capital Research Global Investors boosted its holdings in NVR by 11.7% during the fourth quarter. Capital Research Global Investors now owns 107,606 shares of the construction company's stock valued at $880,099,000 after purchasing an additional 11,274 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in NVR by 2,599.1% during the fourth quarter. Corient Private Wealth LLC now owns 8,988 shares of the construction company's stock valued at $73,512,000 after purchasing an additional 8,655 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. UBS Group cut their target price on NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. reduced their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Price Performance

NYSE NVR traded up $92.71 during trading hours on Friday, reaching $7,127.60. 15,011 shares of the company's stock were exchanged, compared to its average volume of 22,160. The firm has a fifty day moving average of $7,192.32 and a 200-day moving average of $8,038.07. NVR, Inc. has a one year low of $6,562.85 and a one year high of $9,964.77. The stock has a market cap of $21.16 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The construction company reported $94.83 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 business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, equities research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the director now owns 1,050 shares of the company's stock, valued at $7,891,380. This trade represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 7.00% of the company's stock.

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.