NVR, Inc. (NYSE:NVR) Shares Sold by LPL Financial LLC

LPL Financial LLC lowered its holdings in NVR, Inc. (NYSE:NVR) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 479 shares of the construction company’s stock after selling 16 shares during the quarter. LPL Financial LLC’s holdings in NVR were worth $3,914,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NVR. Peak Financial Advisors LLC purchased a new stake in NVR in the fourth quarter valued at $1,235,000. JPMorgan Chase & Co. boosted its stake in shares of NVR by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock worth $136,580,000 after buying an additional 2,206 shares during the last quarter. Markel Group Inc. boosted its stake in shares of NVR by 0.9% in the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company’s stock worth $96,626,000 after buying an additional 110 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in NVR by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company’s stock worth $171,266,000 after acquiring an additional 644 shares during the period. Finally, Principal Financial Group Inc. raised its position in NVR by 3.0% during the fourth quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company’s stock valued at $437,882,000 after acquiring an additional 1,549 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Stock Down 1.6 %

NVR stock opened at $7,008.76 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The stock has a market capitalization of $20.81 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. The business has a 50 day simple moving average of $7,274.19 and a 200-day simple moving average of $8,317.31. NVR, Inc. has a 12 month low of $6,562.85 and a 12 month high of $9,964.77.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. UBS Group increased their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

Insider Buying and Selling

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the director now directly 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. Insiders own 7.00% of the company’s stock.

NVR Company 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.