Mutual of America Capital Management LLC Sells 33 Shares of NVR, Inc. (NYSE:NVR)

Mutual of America Capital Management LLC lowered its holdings in shares of NVR, Inc. (NYSE:NVR) by 6.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 468 shares of the construction company’s stock after selling 33 shares during the quarter. Mutual of America Capital Management LLC’s holdings in NVR were worth $3,828,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. A&I Financial Services LLC bought a new position in NVR during the fourth quarter valued at $532,000. Proficio Capital Partners LLC bought a new position in NVR during the fourth quarter valued at $3,277,825,000. Mn Services Vermogensbeheer B.V. lifted its holdings in shares of NVR by 1.6% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 1,240 shares of the construction company’s stock worth $10,142,000 after acquiring an additional 20 shares during the last quarter. Stegent Equity Advisors Inc. lifted its holdings in shares of NVR by 13.8% in the 4th quarter. Stegent Equity Advisors Inc. now owns 33 shares of the construction company’s stock worth $270,000 after acquiring an additional 4 shares during the last quarter. Finally, Sprott Inc. lifted its holdings in shares of NVR by 27.3% in the 4th quarter. Sprott Inc. now owns 42 shares of the construction company’s stock worth $344,000 after acquiring an additional 9 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Trading Up 2.8 %

Shares of NVR opened at $7,403.49 on Thursday. NVR, Inc. has a 1-year low of $7,015.00 and a 1-year high of $9,964.77. The company has a 50-day moving average of $7,788.89 and a 200 day moving average of $8,701.42. The firm has a market capitalization of $22.14 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 2.39 and a beta of 1.20. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.18 and a quick ratio of 3.69.

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, beating 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%. On average, research analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on NVR shares. UBS Group raised their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. StockNews.com lowered shares of NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. lowered their target price on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Finally, Seaport Res Ptn lowered shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $9,356.67.

Insider Buying and Selling at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 7.00% of the company’s stock.

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.