United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New $736,000 Investment in NVR, Inc. (NYSE:NVR)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in NVR, Inc. (NYSE:NVR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 90 shares of the construction company’s stock, valued at approximately $736,000.

A number of other institutional investors have also modified their holdings of the company. Cerity Partners LLC boosted its position in NVR by 66.5% during the 3rd quarter. Cerity Partners LLC now owns 358 shares of the construction company’s stock worth $3,513,000 after purchasing an additional 143 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in shares of NVR by 27.8% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 46 shares of the construction company’s stock valued at $452,000 after buying an additional 10 shares during the period. Private Trust Co. NA lifted its position in shares of NVR by 66.7% during the third 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. The Manufacturers Life Insurance Company lifted its holdings in NVR by 1.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 16,702 shares of the construction company’s stock worth $163,877,000 after buying an additional 170 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in NVR in the third quarter valued at about $59,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Activity

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction dated 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 sale, the director now owns 1,050 shares in the company, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.00% of the stock is currently owned by company insiders.

NVR Stock Performance

NVR opened at $7,304.01 on Wednesday. NVR, Inc. has a 1-year low of $7,015.00 and a 1-year high of $9,964.77. The company has a market capitalization of $21.69 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The business has a 50 day moving average price of $7,578.18 and a two-hundred day moving average price of $8,526.34. 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 earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. Research analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has authorized a stock repurchase program on Wednesday, December 11th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to purchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NVR. UBS Group raised their price target 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. JPMorgan Chase & Co. decreased their price objective 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 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, the stock currently has a consensus rating of “Hold” and an average price target of $9,356.67.

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.