Cwm LLC Acquires 4 Shares of NVR, Inc. (NYSE:NVR)

Cwm LLC increased its stake in NVR, Inc. (NYSE:NVR) by 40.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14 shares of the construction company’s stock after purchasing an additional 4 shares during the quarter. Cwm LLC’s holdings in NVR were worth $98,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of NVR by 2.1% in the third quarter. Vanguard Group Inc. now owns 358,402 shares of the construction company’s stock worth $2,137,259,000 after purchasing an additional 7,516 shares in the last quarter. International Assets Investment Management LLC raised its holdings in NVR by 626,255.3% during the fourth quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company’s stock valued at $1,666,212,000 after acquiring an additional 237,977 shares during the period. Invesco Ltd. raised its holdings in NVR by 11.2% during the third quarter. Invesco Ltd. now owns 44,319 shares of the construction company’s stock valued at $264,287,000 after acquiring an additional 4,468 shares during the period. Smead Capital Management Inc. lifted its position in shares of NVR by 0.7% in the fourth quarter. Smead Capital Management Inc. now owns 39,481 shares of the construction company’s stock valued at $276,385,000 after acquiring an additional 277 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of NVR by 11.4% in the third quarter. Northern Trust Corp now owns 38,518 shares of the construction company’s stock worth $229,694,000 after acquiring an additional 3,943 shares during the period. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVR

In related news, CAO Matthew B. Kelpy sold 100 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $7,615.00, for a total transaction of $761,500.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,751,450. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CAO Matthew B. Kelpy sold 100 shares of the business’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $7,615.00, for a total value of $761,500.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,751,450. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Paul C. Saville sold 1,500 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $7,510.05, for a total transaction of $11,265,075.00. Following the completion of the transaction, the chairman now directly owns 106,860 shares of the company’s stock, valued at approximately $802,523,943. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,781 shares of company stock valued at $43,282,357. 7.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th. UBS Group boosted their target price on shares of NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th.

NVR Trading Up 1.7 %

Shares of NVR stock opened at $7,754.42 on Wednesday. The company has a current ratio of 6.52, a quick ratio of 3.97 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $24.58 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 3.20 and a beta of 1.13. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $8,211.40. The stock’s 50-day moving average price is $7,750.82 and its 200-day moving average price is $7,076.55.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, beating the consensus estimate of $103.97 by $12.44. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.25 billion. NVR had a return on equity of 38.54% and a net margin of 17.33%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $99.89 EPS. Equities research analysts predict that NVR, Inc. will post 487.53 EPS for the current fiscal year.

NVR declared that its board has authorized a stock buyback plan on Wednesday, February 14th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 3.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

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.