NVR, Inc. (NYSE:NVR) Shares Acquired by 3Chopt Investment Partners LLC

3Chopt Investment Partners LLC increased its position in NVR, Inc. (NYSE:NVR) by 0.9% during the first quarter, Holdings Channel reports. The fund owned 433 shares of the construction company’s stock after purchasing an additional 4 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in NVR were worth $3,137,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. JDM Financial Group LLC acquired a new position in NVR during the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC increased its stake in NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock valued at $41,000 after buying an additional 3 shares during the period. CX Institutional acquired a new position in NVR during the 1st quarter valued at about $43,000. Franchise Capital Ltd acquired a new position in NVR during the 1st quarter valued at about $51,000. Finally, Smartleaf Asset Management LLC increased its stake in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock valued at $57,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Performance

NYSE:NVR opened at $7,395.07 on Friday. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,964.77. The company has a current ratio of 5.37, a quick ratio of 3.02 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average of $7,165.51 and a 200-day moving average of $7,485.49. The firm has a market cap of $21.59 billion, a price-to-earnings ratio of 15.22, a price-to-earnings-growth ratio of 3.96 and a beta of 0.99.

NVR (NYSE:NVR) last posted its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing the consensus estimate of $107.87 by ($13.04). NVR had a net margin of 15.33% and a return on equity of 38.32%. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.35 billion. Analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR declared that its board has authorized a stock buyback plan on Tuesday, May 6th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the construction company to buy up to 3.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms have commented on NVR. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research note on Sunday, June 22nd. UBS Group lowered their target price on shares of NVR from $8,900.00 to $7,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 23rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, NVR presently has an average rating of “Hold” and a consensus price target of $9,023.33.

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.