Public Employees Retirement Association of Colorado Has $2.37 Million Stock Holdings in NVR, Inc. (NYSE:NVR)

Public Employees Retirement Association of Colorado lessened its position in NVR, Inc. (NYSE:NVRFree Report) by 98.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 339 shares of the construction company’s stock after selling 18,530 shares during the period. Public Employees Retirement Association of Colorado’s holdings in NVR were worth $2,373,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in shares of NVR by 38.2% in the 4th quarter. BNP Paribas Financial Markets now owns 3,381 shares of the construction company’s stock valued at $23,669,000 after purchasing an additional 934 shares in the last quarter. TD Asset Management Inc lifted its position in NVR by 22.7% during the 4th quarter. TD Asset Management Inc now owns 9,831 shares of the construction company’s stock worth $68,821,000 after buying an additional 1,819 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in NVR by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,877 shares of the construction company’s stock worth $209,150,000 after buying an additional 781 shares in the last quarter. UBS Group AG lifted its position in NVR by 164.8% during the 4th quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock worth $28,821,000 after buying an additional 2,562 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in NVR during the 4th quarter worth about $2,821,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Performance

Shares of NVR stock opened at $7,497.67 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 6.52 and a quick ratio of 3.97. The stock has a market cap of $23.47 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 3.12 and a beta of 1.16. The stock has a 50-day moving average of $7,654.47 and a 200-day moving average of $7,337.11. NVR, Inc. has a one year low of $5,210.49 and a one year high of $8,211.40.

NVR (NYSE:NVRGet Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The construction company reported $116.41 EPS for the quarter, beating analysts’ consensus estimates of $103.97 by $12.44. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.25 billion. NVR had a return on equity of 38.54% and a net margin of 17.33%. NVR’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $99.89 EPS. As a group, sell-side analysts expect that NVR, Inc. will post 493.93 earnings per share for the current year.

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

Insider Activity

In related news, Director David A. Preiser sold 500 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following the completion of the transaction, the director now directly owns 239 shares in the company, valued at approximately $1,813,104.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director David A. Preiser sold 500 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following the completion of the transaction, the director now directly owns 239 shares in the company, valued at approximately $1,813,104.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Paul C. Saville sold 300 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $7,670.42, for a total value of $2,301,126.00. Following the completion of the transaction, the chairman now owns 106,860 shares of the company’s stock, valued at $819,661,081.20. The disclosure for this sale can be found here. Insiders sold a total of 1,600 shares of company stock valued at $12,233,609 in the last ninety days. 7.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on NVR

NVR Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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