Livforsakringsbolaget Skandia Omsesidigt Buys 660 Shares of NVR, Inc. (NYSE:NVR)

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of NVR, Inc. (NYSE:NVR) by 4,400.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 675 shares of the construction company’s stock after buying an additional 660 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in NVR were worth $5,521,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its holdings in NVR by 1,100,012.1% during the 3rd quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock valued at $3,562,046,000 after buying an additional 363,004 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of NVR by 5.7% in the 4th quarter. Jennison Associates LLC now owns 37,550 shares of the construction company’s stock valued at $307,118,000 after purchasing an additional 2,027 shares in the last quarter. Smead Capital Management Inc. raised its holdings in shares of NVR by 3.5% in the 3rd quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company’s stock valued at $355,365,000 after purchasing an additional 1,223 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of NVR by 8.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 27,282 shares of the construction company’s stock valued at $267,686,000 after purchasing an additional 2,045 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of NVR by 1.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 16,702 shares of the construction company’s stock valued at $163,877,000 after purchasing an additional 170 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Bank of America reduced their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. StockNews.com lowered shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of 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. UBS Group lifted their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Finally, Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, NVR presently has a consensus rating of “Hold” and a consensus target price of $9,356.67.

NVR Stock Down 0.7 %

Shares of NVR stock opened at $7,736.93 on Friday. The firm’s 50 day moving average price is $8,322.18 and its 200-day moving average price is $8,862.85. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 52-week low of $7,227.09 and a 52-week high of $9,964.77. The company has a market cap of $23.67 billion, a P/E ratio of 15.24, a PEG ratio of 2.60 and a beta of 1.20.

NVR (NYSE:NVR) last released its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. On average, sell-side analysts predict that NVR, Inc. will post 512.33 EPS for the current fiscal year.

NVR announced that its board has authorized a stock repurchase program on Wednesday, December 11th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 2.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

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.