O Shaughnessy Asset Management LLC Decreases Stock Holdings in NVR, Inc. (NYSE:NVR)

O Shaughnessy Asset Management LLC lowered its stake in shares of NVR, Inc. (NYSE:NVR) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 885 shares of the construction company’s stock after selling 47 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in NVR were worth $7,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new stake in shares of NVR in the 4th quarter valued at about $3,277,825,000. Vanguard Group Inc. boosted its stake in NVR by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company’s stock valued at $2,800,946,000 after acquiring an additional 1,147 shares in the last quarter. Principal Financial Group Inc. grew its holdings in NVR by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company’s stock worth $437,882,000 after purchasing an additional 1,549 shares during the last quarter. Boston Partners increased its position in shares of NVR by 3.2% during the fourth quarter. Boston Partners now owns 51,844 shares of the construction company’s stock worth $424,066,000 after purchasing an additional 1,605 shares in the last quarter. Finally, Jennison Associates LLC lifted its holdings in shares of NVR by 5.7% during the 4th quarter. Jennison Associates LLC now owns 37,550 shares of the construction company’s stock valued at $307,118,000 after purchasing an additional 2,027 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the sale, the director now directly owns 1,050 shares of the company’s stock, valued at $7,891,380. This represents a 11.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 7.00% of the stock is currently owned by insiders.

NVR Stock Performance

Shares of NVR stock opened at $7,203.37 on Wednesday. The business has a fifty day moving average of $7,469.38 and a 200 day moving average of $8,458.57. NVR, Inc. has a 1 year low of $7,015.00 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69. The firm has a market capitalization of $21.39 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping 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, research analysts expect that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its board has initiated a share repurchase plan on Wednesday, December 11th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NVR shares. JPMorgan Chase & Co. dropped their target price on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research note 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. Four equities research 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 has an average rating of “Hold” and an average target price of $9,356.67.

NVR 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.