Vista Investment Partners II LLC Makes New Investment in NVR, Inc. (NYSE:NVR)

Vista Investment Partners II LLC purchased a new stake in shares of NVR, Inc. (NYSE:NVR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 38 shares of the construction company’s stock, valued at approximately $311,000.

Other large investors have also recently modified their holdings of the company. Rakuten Securities Inc. purchased a new stake in shares of NVR during the third quarter valued at approximately $39,000. 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 worth $49,000 after purchasing an additional 2 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of NVR in the third quarter worth $49,000. Quantbot Technologies LP bought a new position in shares of NVR during the third quarter valued at $59,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of NVR by 75.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock valued at $57,000 after buying an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NVR shares. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. UBS Group raised their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. reduced their target price on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9,356.67.

NVR Trading Down 1.3 %

Shares of NYSE:NVR opened at $7,394.15 on Monday. NVR, Inc. has a 12-month low of $7,015.00 and a 12-month high of $9,964.77. The company has a market cap of $22.11 billion, a PE ratio of 14.57, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The stock has a 50 day moving average of $7,757.76 and a 200 day moving average of $8,680.52. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share for the quarter, topping 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%. As a group, equities research analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

NVR announced that its Board of Directors has initiated 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 shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director now owns 1,050 shares of the company’s stock, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.00% of the stock is currently owned by company insiders.

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.