Signaturefd LLC Buys 4 Shares of NVR, Inc. (NYSE:NVR)

Signaturefd LLC lifted its stake in NVR, Inc. (NYSE:NVRFree Report) by 18.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26 shares of the construction company’s stock after buying an additional 4 shares during the period. Signaturefd LLC’s holdings in NVR were worth $155,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Fortis Capital Management LLC lifted its stake in NVR by 6.8% during the third quarter. Fortis Capital Management LLC now owns 219 shares of the construction company’s stock worth $1,307,000 after purchasing an additional 14 shares during the period. Markel Group Inc. lifted its stake in NVR by 2.9% during the third quarter. Markel Group Inc. now owns 10,824 shares of the construction company’s stock worth $64,547,000 after purchasing an additional 305 shares during the period. Machina Capital S.A.S. bought a new position in NVR during the third quarter worth about $256,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in NVR by 5.3% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,037 shares of the construction company’s stock worth $12,147,000 after purchasing an additional 103 shares during the period. Finally, Dai ichi Life Insurance Company Ltd lifted its stake in NVR by 592.1% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 962 shares of the construction company’s stock worth $5,737,000 after purchasing an additional 823 shares during the period. Institutional investors own 84.49% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on NVR shares. StockNews.com started coverage on shares of NVR in a report on Thursday, October 5th. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft raised shares of NVR from a “sell” rating to a “hold” rating and raised their price target for the company from $4,900.00 to $6,300.00 in a report on Friday, December 8th.

Read Our Latest Research Report on NVR

Insider Buying and Selling at NVR

In other NVR news, CEO Eugene James Bredow sold 687 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $5,711.73, for a total value of $3,923,958.51. Following the transaction, the chief executive officer now directly owns 1,851 shares of the company’s stock, valued at $10,572,412.23. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other NVR news, CEO Eugene James Bredow sold 687 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $5,711.73, for a total value of $3,923,958.51. Following the transaction, the chief executive officer now directly owns 1,851 shares of the company’s stock, valued at $10,572,412.23. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Paul C. Saville sold 1,700 shares of NVR stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $6,100.57, for a total transaction of $10,370,969.00. Following the transaction, the chairman now directly owns 106,860 shares in the company, valued at $651,906,910.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,559 shares of company stock valued at $53,129,475. 8.60% of the stock is currently owned by insiders.

NVR Stock Performance

Shares of NVR stock opened at $7,114.23 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.45 and a quick ratio of 4.03. The firm has a market cap of $22.62 billion, a P/E ratio of 14.97 and a beta of 1.12. The firm has a 50 day simple moving average of $6,811.19 and a 200 day simple moving average of $6,332.62. NVR, Inc. has a fifty-two week low of $4,988.99 and a fifty-two week high of $7,423.73.

NVR declared that its Board of Directors has authorized a share repurchase program on Thursday, November 9th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

NVR Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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