Susquehanna International Group LLP Buys 1,031 Shares of NVR, Inc. (NYSE:NVR)

Susquehanna International Group LLP boosted its stake in shares of NVR, Inc. (NYSE:NVR) by 128.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,833 shares of the construction company’s stock after buying an additional 1,031 shares during the quarter. Susquehanna International Group LLP’s holdings in NVR were worth $14,992,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Peak Financial Advisors LLC bought a new stake in shares of NVR in the 4th quarter worth about $1,235,000. JPMorgan Chase & Co. raised its position in NVR by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock worth $136,580,000 after purchasing an additional 2,206 shares during the period. OLD Mission Capital LLC bought a new stake in NVR in the fourth quarter worth about $1,701,000. Markel Group Inc. lifted its stake in 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 purchasing an additional 110 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of NVR by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company’s stock valued at $171,266,000 after buying an additional 644 shares during the period. 83.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVR. UBS Group decreased their price target on NVR from $8,900.00 to $7,900.00 and set a “neutral” rating for the company in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their target price on 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. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $9,023.33.

NVR Stock Down 0.9 %

Shares of NYSE NVR opened at $7,084.46 on Monday. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77. The firm has a market capitalization of $21.03 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 2.39 and a beta of 1.07. The stock has a 50 day moving average price of $7,200.74 and a 200 day moving average price of $8,118.37. 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, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing the consensus estimate of $107.87 by ($13.04). The firm had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. Sell-side analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

Insiders Place Their Bets

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company’s 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 7.00% of the stock is owned by company 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.