NVR, Inc. (NYSE:NVR) Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its holdings in NVR, Inc. (NYSE:NVR) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 479 shares of the construction company’s stock after selling 16 shares during the period. LPL Financial LLC’s holdings in NVR were worth $3,914,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC lifted its stake in NVR by 11.8% in the 4th quarter. GAMMA Investing LLC now owns 19 shares of the construction company’s stock worth $155,000 after purchasing an additional 2 shares in the last quarter. Crestmont Private Wealth LLC lifted its position in NVR by 3.9% during the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company’s stock worth $433,000 after buying an additional 2 shares in the last quarter. Lakewood Asset Management LLC boosted its stake in NVR by 0.5% during the fourth quarter. Lakewood Asset Management LLC now owns 392 shares of the construction company’s stock worth $3,206,000 after buying an additional 2 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in NVR by 5.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 36 shares of the construction company’s stock valued at $294,000 after buying an additional 2 shares in the last quarter. Finally, Empirical Finance LLC increased its stake in shares of NVR by 2.0% in the 4th quarter. Empirical Finance LLC now owns 103 shares of the construction company’s stock worth $842,000 after acquiring an additional 2 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVR news, Director Thomas D. Eckert sold 143 shares of the business’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 sale, the director now directly owns 1,050 shares in the company, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective 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. UBS Group increased their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $9,356.67.

NVR Stock Down 1.6 %

Shares of NYSE:NVR opened at $7,008.76 on Friday. The business has a 50-day moving average price of $7,274.19 and a 200 day moving average price of $8,317.31. NVR, Inc. has a 12-month low of $6,562.85 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. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 2.39 and a beta of 1.07.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) 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%. Sell-side analysts expect that NVR, Inc. will post 505.2 EPS for the current year.

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.