Smartleaf Asset Management LLC Has $57,000 Holdings in NVR, Inc. (NYSE:NVR)

Smartleaf Asset Management LLC lifted its holdings in NVR, Inc. (NYSE:NVR) by 75.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7 shares of the construction company’s stock after acquiring an additional 3 shares during the quarter. Smartleaf Asset Management LLC’s holdings in NVR were worth $57,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE raised its position in NVR by 18.6% in the 4th quarter. US Bancorp DE now owns 268 shares of the construction company’s stock worth $2,192,000 after purchasing an additional 42 shares during the last quarter. SVB Wealth LLC bought a new position in NVR in the 4th quarter worth approximately $237,000. A&I Financial Services LLC bought a new position in NVR in the 4th quarter worth approximately $532,000. Proficio Capital Partners LLC bought a new position in NVR in the 4th quarter worth approximately $3,277,825,000. Finally, Mn Services Vermogensbeheer B.V. raised its position in NVR by 1.6% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 1,240 shares of the construction company’s stock worth $10,142,000 after purchasing an additional 20 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

NVR Stock Performance

Shares of NVR stock opened at $7,516.48 on Tuesday. The firm has a fifty day moving average of $7,744.56 and a two-hundred day moving average of $8,670.29. The stock has a market capitalization of $22.47 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 2.39 and a beta of 1.25. NVR, Inc. has a 52 week low of $7,015.00 and a 52 week high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating 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%. As a group, equities research analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

NVR declared that its Board of Directors has authorized a share buyback program on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Activity at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares in the company, 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 at this link. 7.00% of the stock is owned by corporate insiders.

NVR 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.