Mn Services Vermogensbeheer B.V. Has $10.14 Million Stock Position in NVR, Inc. (NYSE:NVR)

Mn Services Vermogensbeheer B.V. grew its stake in shares of NVR, Inc. (NYSE:NVR) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,240 shares of the construction company’s stock after purchasing an additional 20 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in NVR were worth $10,142,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Stegent Equity Advisors Inc. increased its holdings in shares of NVR by 13.8% during the 4th quarter. Stegent Equity Advisors Inc. now owns 33 shares of the construction company’s stock worth $270,000 after acquiring an additional 4 shares during the last quarter. Sprott Inc. increased its holdings in shares of NVR by 27.3% during the 4th quarter. Sprott Inc. now owns 42 shares of the construction company’s stock worth $344,000 after acquiring an additional 9 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of NVR by 2.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 1,324 shares of the construction company’s stock worth $10,829,000 after acquiring an additional 27 shares during the last quarter. Todd Asset Management LLC increased its holdings in shares of NVR by 1.6% during the 4th quarter. Todd Asset Management LLC now owns 4,922 shares of the construction company’s stock worth $40,257,000 after acquiring an additional 76 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co acquired a new position in shares of NVR during the 4th quarter worth approximately $949,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Ratings Changes

NVR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. StockNews.com lowered NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. UBS Group boosted their price target on NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Finally, Seaport Res Ptn downgraded NVR from a “strong-buy” rating to a “hold” rating in a research note 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, the company currently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

NVR Stock Performance

NVR opened at $7,228.01 on Friday. The business has a fifty day simple moving average of $7,847.90 and a 200 day simple moving average of $8,728.62. The company has a market capitalization of $21.61 billion, a PE ratio of 14.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. NVR, Inc. has a 1 year low of $7,015.00 and a 1 year high of $9,964.77. 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 (NYSE:NVR) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. Research analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

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

Insider Activity

In other news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now directly owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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.