UBS Group AG Increases Position in NVR, Inc. (NYSE:NVR)

UBS Group AG lifted its holdings in NVR, Inc. (NYSE:NVR – Get Rating) by 96.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,116 shares of the construction company’s stock after purchasing an additional 1,040 shares during the period. UBS Group AG owned about 0.07% of NVR worth $9,760,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NVR. Oregon Public Employees Retirement Fund increased its position in shares of NVR by 0.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 568 shares of the construction company’s stock worth $2,620,000 after acquiring an additional 2 shares during the period. Utah Retirement Systems increased its position in shares of NVR by 0.6% during the third quarter. Utah Retirement Systems now owns 539 shares of the construction company’s stock worth $2,149,000 after acquiring an additional 3 shares during the period. Dupont Capital Management Corp increased its position in shares of NVR by 100.0% during the fourth quarter. Dupont Capital Management Corp now owns 6 shares of the construction company’s stock worth $28,000 after acquiring an additional 3 shares during the period. Synovus Financial Corp increased its position in shares of NVR by 0.8% during the fourth quarter. Synovus Financial Corp now owns 375 shares of the construction company’s stock worth $1,730,000 after acquiring an additional 3 shares during the period. Finally, Glenview Trust Co increased its position in shares of NVR by 5.2% during the fourth quarter. Glenview Trust Co now owns 61 shares of the construction company’s stock worth $281,000 after acquiring an additional 3 shares during the period. Hedge funds and other institutional investors own 82.96% of the company’s stock.

Insider Buying and Selling at NVR

In other NVR news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $5,891.65, for a total value of $736,456.25. Following the completion of the transaction, the director now owns 405 shares in the company, valued at $2,386,118.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $5,891.65, for a total transaction of $736,456.25. Following the completion of the sale, the director now owns 405 shares in the company, valued at $2,386,118.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Eugene James Bredow sold 2,000 shares of the stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $5,130.00, for a total transaction of $10,260,000.00. Following the sale, the chief executive officer now owns 1,451 shares of the company’s stock, valued at approximately $7,443,630. The disclosure for this sale can be found here. Insiders sold 16,710 shares of company stock worth $95,213,468 over the last 90 days. Corporate insiders own 8.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. StockNews.com initiated coverage on NVR in a research report on Thursday, May 18th. They set a “hold” rating on the stock. KeyCorp boosted their target price on shares of NVR from $5,120.00 to $6,000.00 and gave the stock an “overweight” rating in a research note on Monday, February 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, NVR presently has a consensus rating of “Moderate Buy” and an average price target of $4,956.00.

NVR Stock Performance

Shares of NVR stock opened at $5,611.29 on Wednesday. The company has a current ratio of 5.75, a quick ratio of 3.63 and a debt-to-equity ratio of 0.24. NVR, Inc. has a 12 month low of $3,576.01 and a 12 month high of $5,986.96. The company has a market cap of $18.24 billion, a P/E ratio of 11.80, a PEG ratio of 3.25 and a beta of 0.99. The firm has a fifty day moving average price of $5,671.40 and a 200 day moving average price of $5,140.96.

NVR (NYSE:NVR – Get Rating) last released its quarterly earnings data on Tuesday, April 25th. The construction company reported $99.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $88.96 by $10.93. NVR had a net margin of 16.20% and a return on equity of 48.97%. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the firm posted $116.56 earnings per share. NVR’s revenue for the quarter was down 7.7% on a year-over-year basis. Sell-side analysts predict that NVR, Inc. will post 423.83 earnings per share for the current fiscal year.

NVR Profile

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NVR, Inc engages in the construction and sale of single-family detached homes, townhomes and condominium buildings. It operates through the following geographical segments: Mid Atlantic, North East, Mid East, and South East. The company was founded in 1980 and is headquartered in Reston, VA.