NVR, Inc. (NYSE:NVR) Stock Holdings Lifted by Boston Partners

Boston Partners raised its position in NVR, Inc. (NYSE:NVR – Get Rating) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,488 shares of the construction company’s stock after purchasing an additional 1,031 shares during the quarter. Boston Partners owned approximately 0.76% of NVR worth $156,514,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVR. Moors & Cabot Inc. boosted its stake in shares of NVR by 39,900.0% during the 3rd quarter. Moors & Cabot Inc. now owns 40,000 shares of the construction company’s stock worth $43,000 after acquiring an additional 39,900 shares in the last quarter. Liontrust Investment Partners LLP bought a new stake in shares of NVR during the 3rd quarter worth about $161,129,000. Close Asset Management Ltd boosted its stake in shares of NVR by 604,866.7% during the 4th quarter. Close Asset Management Ltd now owns 18,149 shares of the construction company’s stock worth $107,195,000 after acquiring an additional 18,146 shares in the last quarter. FIL Ltd boosted its stake in shares of NVR by 11.5% during the 3rd quarter. FIL Ltd now owns 53,238 shares of the construction company’s stock worth $255,227,000 after acquiring an additional 5,501 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of NVR during the 3rd quarter worth about $23,519,000. Hedge funds and other institutional investors own 83.70% of the company’s stock.

Several analysts have recently issued reports on NVR shares. StockNews.com initiated coverage on NVR in a research note on Thursday, March 31st. They set a “hold” rating for the company. KeyCorp decreased their target price on NVR from $5,700.00 to $5,100.00 and set an “overweight” rating for the company in a research note on Tuesday, March 15th. JPMorgan Chase & Co. decreased their target price on NVR from $5,300.00 to $4,770.00 and set a “neutral” rating for the company in a research note on Wednesday, April 13th. Finally, UBS Group upgraded NVR from a “sell” rating to a “neutral” rating and increased their target price for the company from $4,825.00 to $5,500.00 in a research note on Thursday, February 3rd. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5,117.40.

Shares of NVR traded down $10.58 during mid-day trading on Monday, reaching $4,324.87. The company had a trading volume of 72 shares, compared to its average volume of 27,028. NVR, Inc. has a twelve month low of $4,250.01 and a twelve month high of $5,982.44. The company has a debt-to-equity ratio of 0.51, a current ratio of 5.95 and a quick ratio of 3.59. The company’s 50-day moving average is $4,769.53 and its 200-day moving average is $5,132.06. The company has a market capitalization of $14.53 billion, a P/E ratio of 13.50 and a beta of 1.02.

NVR (NYSE:NVR – Get Rating) last issued its earnings results on Tuesday, February 1st. The construction company reported $89.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $100.34 by ($11.25). NVR had a return on equity of 40.86% and a net margin of 14.21%. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period in the previous year, the company posted $76.93 earnings per share. The company’s quarterly revenue was down 7.2% on a year-over-year basis. As a group, equities analysts expect that NVR, Inc. will post 448.04 EPS for the current fiscal year.

NVR announced that its board has approved a share buyback program on Wednesday, February 16th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

About NVR (Get Rating)

NVR, Inc engages in the construction and sale of single-family detached homes, townhomes and condominium buildings. It operates through the Homebuilding and Mortgage Banking segments. The Homebuilding segment offers single-family detached homes, townhomes, and condominium buildings with many different home designs.

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