B. Metzler seel. Sohn & Co. AG Lowers Stock Position in NVR, Inc. (NYSE:NVR)

B. Metzler seel. Sohn & Co. AG lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 348 shares of the construction company’s stock after selling 14 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in NVR were worth $2,846,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NVR. Proficio Capital Partners LLC bought a new position in shares of NVR during the fourth quarter valued at approximately $3,277,825,000. Vanguard Group Inc. increased its position in NVR by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company’s stock valued at $2,800,946,000 after buying an additional 1,147 shares in the last quarter. Principal Financial Group Inc. raised its stake 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 buying an additional 1,549 shares during the last quarter. Boston Partners boosted its holdings in NVR by 3.2% in the fourth quarter. Boston Partners now owns 51,844 shares of the construction company’s stock worth $424,066,000 after acquiring an additional 1,605 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in shares of NVR by 5.7% in the fourth quarter. Jennison Associates LLC now owns 37,550 shares of the construction company’s stock worth $307,118,000 after acquiring an additional 2,027 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target 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 upped their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, NVR currently has a consensus rating of “Hold” and an average target price of $9,356.67.

NVR Trading Down 0.6 %

NVR stock opened at $7,203.37 on Wednesday. NVR, Inc. has a one year low of $7,015.00 and a one year high of $9,964.77. The business’s fifty day moving average is $7,469.38 and its 200 day moving average is $8,458.57. The stock has a market capitalization of $21.39 billion, a PE ratio of 14.19, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (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, sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its board has authorized a share repurchase plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

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

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.