PYA Waltman Capital LLC Increases Holdings in NVR, Inc. (NYSE:NVR)

PYA Waltman Capital LLC raised its stake in NVR, Inc. (NYSE:NVR) by 20.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 523 shares of the construction company’s stock after acquiring an additional 88 shares during the period. NVR makes up 1.4% of PYA Waltman Capital LLC’s portfolio, making the stock its 19th biggest position. PYA Waltman Capital LLC’s holdings in NVR were worth $4,278,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. bought a new position in NVR during the 3rd quarter valued at about $39,000. Rakuten Securities Inc. bought a new position in NVR during the third quarter valued at approximately $39,000. Private Trust Co. NA boosted its holdings in NVR by 66.7% in 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in NVR in the 3rd quarter worth approximately $49,000. Finally, Quantbot Technologies LP purchased a new stake in NVR during the 3rd quarter valued at $59,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Stock Up 1.0 %

NYSE:NVR opened at $7,248.58 on Friday. The company has a market cap of $21.67 billion, a PE ratio of 14.28, a P/E/G ratio of 2.33 and a beta of 1.20. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average is $7,989.86 and its two-hundred day moving average is $8,778.62. NVR, Inc. has a twelve month low of $7,073.38 and a twelve month high of $9,964.77.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 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 39.67%. Analysts anticipate that NVR, Inc. will post 512.33 EPS for the current year.

NVR declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Insider Activity at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were 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 approximately $7,891,380. The trade was a 11.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. reduced their price target 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. 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 report on Wednesday, January 29th. Finally, Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $9,356.67.

About NVR

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.