Schroder Investment Management Group Has $126.77 Million Holdings in NVR, Inc. (NYSE:NVR)

Schroder Investment Management Group trimmed its position in shares of NVR, Inc. (NYSE:NVR) by 15.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,504 shares of the construction company’s stock after selling 2,895 shares during the quarter. Schroder Investment Management Group owned 0.51% of NVR worth $126,768,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Private Trust Co. NA raised its holdings in 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 buying an additional 2 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of NVR in the 3rd quarter worth about $49,000. EverSource Wealth Advisors LLC lifted its position in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock valued at $41,000 after acquiring an additional 3 shares in the last quarter. Quantbot Technologies LP acquired a new position in NVR during the 3rd quarter valued at about $59,000. Finally, Smartleaf Asset Management LLC increased its holdings in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock worth $57,000 after purchasing an additional 3 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors.

NVR Stock Performance

Shares of NVR opened at $7,163.11 on Monday. The stock has a 50 day moving average of $7,514.50 and a 200 day moving average of $8,487.31. The company has a market capitalization of $21.27 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 2.39 and a beta of 1.25. NVR, Inc. has a 12 month low of $7,015.00 and a 12 month high of $9,964.77. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last announced its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 earnings per share 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 buyback $750.00 million in shares. This buyback authorization permits the construction company to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the firm’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 $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 7.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NVR. UBS Group raised their target price on NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. cut their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average 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.