NVR, Inc. (NYSE:NVR) Shares Sold by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC decreased its stake in shares of NVR, Inc. (NYSE:NVR) by 11.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55 shares of the construction company’s stock after selling 7 shares during the quarter. Checchi Capital Advisers LLC’s holdings in NVR were worth $450,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Jennison Associates LLC acquired a new stake in shares of NVR in the 3rd quarter valued at $348,545,000. Mizuho Securities USA LLC increased its holdings in NVR by 6,454.8% in the third quarter. Mizuho Securities USA LLC now owns 16,518 shares of the construction company’s stock valued at $162,071,000 after buying an additional 16,266 shares during the last quarter. KBC Group NV increased its holdings in NVR by 299.9% in the third quarter. KBC Group NV now owns 5,622 shares of the construction company’s stock valued at $55,162,000 after buying an additional 4,216 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in NVR by 53.8% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 10,690 shares of the construction company’s stock valued at $104,888,000 after buying an additional 3,741 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in NVR by 6,012.1% during the 4th quarter. SG Americas Securities LLC now owns 3,545 shares of the construction company’s stock worth $28,994,000 after buying an additional 3,487 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Buying and Selling at NVR

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NVR. UBS Group increased their price objective on NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Finally, JPMorgan Chase & Co. dropped their target price 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. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $9,356.67.

NVR Trading Down 0.4 %

NVR opened at $7,182.32 on Friday. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 52 week low of $7,015.00 and a 52 week high of $9,964.77. The business’s 50 day moving average is $7,868.87 and its two-hundred day moving average is $8,737.87. The firm has a market cap of $21.48 billion, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20.

NVR (NYSE:NVR) last announced its earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating 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%. On average, research analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the construction company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

NVR 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.