Motley Fool Asset Management LLC Has $413,000 Stock Holdings in NVR, Inc. (NYSE:NVR)

Motley Fool Asset Management LLC trimmed its position in NVR, Inc. (NYSE:NVR) by 10.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 59 shares of the construction company’s stock after selling 7 shares during the period. Motley Fool Asset Management LLC’s holdings in NVR were worth $413,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in NVR. First Pacific Financial bought a new stake in shares of NVR during the third quarter worth approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of NVR during the 4th quarter valued at $35,000. Criterion Capital Advisors LLC acquired a new position in shares of NVR in the 4th quarter valued at $42,000. Allworth Financial LP lifted its stake in shares of NVR by 100.0% in the 4th quarter. Allworth Financial LP now owns 8 shares of the construction company’s stock valued at $56,000 after purchasing an additional 4 shares during the period. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH bought a new position in shares of NVR in the 3rd quarter worth $78,000. 83.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. StockNews.com raised shares of NVR from a “hold” rating to a “buy” rating in a research report on Wednesday. UBS Group increased their price target on NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a report on Wednesday.

NVR Price Performance

Shares of NYSE NVR opened at $7,647.04 on Friday. The company has a fifty day moving average price of $7,741.99 and a 200 day moving average price of $6,976.75. The firm has a market cap of $24.47 billion, a PE ratio of 15.94, a PEG ratio of 3.21 and a beta of 1.13. The company has a current ratio of 6.52, a quick ratio of 3.90 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $8,211.40.

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, topping the consensus estimate of $103.97 by $12.44. NVR had a return on equity of 38.54% and a net margin of 17.33%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the firm earned $99.89 earnings per share. NVR’s revenue for the quarter was up 7.3% compared to the same quarter last year. Research analysts predict that NVR, Inc. will post 494.66 earnings per share for the current fiscal year.

NVR announced that its board has authorized a share repurchase plan on Wednesday, February 14th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 3.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Chairman Paul C. Saville sold 250 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $7,611.03, for a total value of $1,902,757.50. Following the sale, the chairman now owns 106,860 shares of the company’s stock, valued at $813,314,665.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Chairman Paul C. Saville sold 250 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $7,611.03, for a total value of $1,902,757.50. Following the completion of the sale, the chairman now owns 106,860 shares of the company’s stock, valued at approximately $813,314,665.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Paul C. Saville sold 500 shares of the company’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $7,392.07, for a total transaction of $3,696,035.00. Following the sale, the chairman now directly owns 106,860 shares in the company, valued at $789,916,600.20. The disclosure for this sale can be found here. Insiders sold a total of 7,981 shares of company stock valued at $59,155,947 in the last quarter. 7.00% of the stock is currently owned by 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.