NVR, Inc. (NYSE:NVR) Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. boosted its holdings in NVR, Inc. (NYSE:NVR) by 10.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93 shares of the construction company’s stock after buying an additional 9 shares during the quarter. Moors & Cabot Inc.’s holdings in NVR were worth $761,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings in shares of NVR by 66.7% in the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after acquiring an additional 2 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in NVR in the third quarter valued at approximately $49,000. Smartleaf Asset Management LLC raised its holdings in NVR by 75.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock worth $57,000 after purchasing an additional 3 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of NVR during the 3rd quarter worth approximately $59,000. Finally, Brooklyn Investment Group acquired a new position in shares of NVR in the 3rd quarter valued at $137,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Stock Up 1.4 %

NVR stock opened at $7,228.03 on Friday. The company has a market cap of $21.61 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The company has a fifty day moving average price of $7,677.46 and a 200 day moving average price of $8,623.40. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. NVR, Inc. has a 12 month low of $7,015.00 and a 12 month high of $9,964.77.

NVR (NYSE:NVR) last announced its earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating analysts’ consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. Sell-side analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NVR. UBS Group lifted their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their target price on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, NVR currently has an average rating of “Hold” and a consensus price target of $9,356.67.

Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the transaction, the director now owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.00% of the stock is owned by company insiders.

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.