Moloney Securities Asset Management LLC Purchases 27 Shares of NVR, Inc. (NYSE:NVR)

Moloney Securities Asset Management LLC raised its position in shares of NVR, Inc. (NYSE:NVR) by 22.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 148 shares of the construction company’s stock after buying an additional 27 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in NVR were worth $1,210,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new stake in NVR during the third quarter valued at approximately $39,000. Rakuten Securities Inc. purchased a new position in NVR in the third quarter worth $39,000. Private Trust Co. NA increased its position in shares of NVR by 66.7% during the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock worth $49,000 after purchasing an additional 2 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of NVR during the 3rd quarter valued at $49,000. Finally, Quantbot Technologies LP acquired a new stake in shares of NVR in the 3rd quarter worth $59,000. 83.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NVR has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. UBS Group upped their price objective on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Seaport Res Ptn lowered shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Bank of America dropped their target price on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $9,356.67.

NVR Trading Down 2.3 %

Shares of NYSE:NVR opened at $7,560.51 on Monday. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 52-week low of $7,227.09 and a 52-week high of $9,964.77. The stock has a market cap of $23.14 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 2.51 and a beta of 1.20. The business has a 50-day moving average price of $8,288.68 and a 200-day moving average price of $8,860.32.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. Equities analysts predict that NVR, Inc. will post 512.33 EPS for the current year.

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

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.