Savant Capital LLC Raises Position in NVR, Inc. (NYSE:NVR)

Savant Capital LLC increased its holdings in NVR, Inc. (NYSE:NVR) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 375 shares of the construction company’s stock after purchasing an additional 6 shares during the quarter. Savant Capital LLC’s holdings in NVR were worth $3,067,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in NVR. Blue Trust Inc. purchased a new position in shares of NVR in the third quarter valued at about $39,000. Rakuten Securities Inc. purchased a new position in shares of NVR in the third quarter valued at about $39,000. Private Trust Co. NA increased its position in shares of NVR by 66.7% in the third quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock valued at $49,000 after acquiring an additional 2 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of NVR in the third quarter valued at about $49,000. Finally, Quantbot Technologies LP purchased a new position in shares of NVR in the third quarter valued at about $59,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Price Performance

Shares of NVR opened at $7,483.53 on Wednesday. The stock has a market cap of $22.90 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 2.51 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21. NVR, Inc. has a fifty-two week low of $7,227.09 and a fifty-two week high of $9,964.77. The firm’s 50-day simple moving average is $8,221.46 and its two-hundred day simple moving average is $8,845.75.

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

NVR announced that its board has approved a share buyback plan on Wednesday, December 11th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NVR. JPMorgan Chase & Co. decreased their price target on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Bank of America decreased their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. UBS Group increased their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. StockNews.com downgraded shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

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.