Signaturefd LLC Has $161,000 Stake in NVR, Inc. (NYSE:NVR)

Signaturefd LLC trimmed its stake in NVR, Inc. (NYSE:NVR) by 11.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23 shares of the construction company’s stock after selling 3 shares during the period. Signaturefd LLC’s holdings in NVR were worth $161,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in NVR by 626,255.3% during the 4th quarter. International Assets Investment Management LLC now owns 238,015 shares of the construction company’s stock valued at $1,666,212,000 after purchasing an additional 237,977 shares during the last quarter. Unison Advisors LLC bought a new position in NVR during the 4th quarter valued at about $2,345,000. ING Groep NV lifted its holdings in NVR by 21.5% during the 3rd quarter. ING Groep NV now owns 3,810 shares of the construction company’s stock valued at $22,720,000 after purchasing an additional 675 shares during the last quarter. AIA Group Ltd lifted its holdings in NVR by 15.6% during the 4th quarter. AIA Group Ltd now owns 311 shares of the construction company’s stock valued at $2,177,000 after purchasing an additional 42 shares during the last quarter. Finally, Fortis Capital Management LLC lifted its holdings in NVR by 6.8% during the 3rd quarter. Fortis Capital Management LLC now owns 219 shares of the construction company’s stock valued at $1,307,000 after purchasing an additional 14 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on NVR shares. UBS Group lifted their price target on shares of NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. StockNews.com upgraded shares of NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th.

NVR Trading Down 1.0 %

NVR opened at $7,647.04 on Monday. The company has a current ratio of 6.52, a quick ratio of 3.90 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $24.46 billion, a PE ratio of 15.94, a PEG ratio of 3.17 and a beta of 1.13. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $8,211.40. The firm has a 50-day moving average price of $7,741.99 and a two-hundred day moving average price of $6,988.46.

NVR (NYSE:NVR) last posted its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, beating the consensus estimate of $103.97 by $12.44. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.25 billion. NVR had a net margin of 17.33% and a return on equity of 38.54%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company posted $99.89 EPS. As a group, equities analysts anticipate that NVR, Inc. will post 494.66 earnings per share for the current fiscal year.

NVR declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 14th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Insider Transactions at NVR

In other news, CFO Daniel David Malzahn sold 2,000 shares of NVR stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $7,252.83, for a total transaction of $14,505,660.00. Following the completion of the sale, the chief financial officer now owns 13,209 shares in the company, valued at approximately $95,802,631.47. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $7,325.00, for a total transaction of $1,465,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,684,750. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Daniel David Malzahn sold 2,000 shares of NVR stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total transaction of $14,505,660.00. Following the sale, the chief financial officer now owns 13,209 shares of the company’s stock, valued at approximately $95,802,631.47. The disclosure for this sale can be found here. Insiders sold a total of 7,981 shares of company stock worth $59,155,947 in the last quarter. 7.00% of the stock is owned by company insiders.

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.