Fjarde AP Fonden Fourth Swedish National Pension Fund Has $5.40 Million Stake in NVR, Inc. $NVR

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in NVR, Inc. (NYSE:NVR) by 5.8% in the second quarter, Holdings Channel reports. The fund owned 731 shares of the construction company’s stock after purchasing an additional 40 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in NVR were worth $5,399,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Boston Partners increased its position in NVR by 14.0% during the 1st quarter. Boston Partners now owns 59,077 shares of the construction company’s stock worth $427,962,000 after purchasing an additional 7,233 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of NVR by 5.3% during the first quarter. Principal Financial Group Inc. now owns 56,352 shares of the construction company’s stock worth $408,236,000 after buying an additional 2,814 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of NVR by 41.6% during the first quarter. JPMorgan Chase & Co. now owns 52,404 shares of the construction company’s stock worth $379,639,000 after buying an additional 15,405 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of NVR by 217,591.3% during the first quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock worth $3,758,000 after buying an additional 50,046 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of NVR by 9,358.6% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company’s stock valued at $356,277,000 after acquiring an additional 47,729 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NVR

In other news, CAO Matthew B. Kelpy sold 600 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $8,100.00, for a total value of $4,860,000.00. Following the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at approximately $1,684,800. This represents a 74.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alexandra A. Jung sold 200 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $8,082.44, for a total transaction of $1,616,488.00. Following the sale, the director owned 75 shares of the company’s stock, valued at approximately $606,183. This trade represents a 72.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 975 shares of company stock worth $7,869,360. Company insiders own 7.00% of the company’s stock.

NVR Price Performance

Shares of NVR opened at $7,316.42 on Thursday. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,527.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97. The company has a market capitalization of $21.00 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 10.11 and a beta of 0.94. The business has a 50-day moving average of $7,978.54 and a 200-day moving average of $7,609.71.

NVR (NYSE:NVR) last announced its earnings results on Wednesday, October 22nd. The construction company reported $112.33 EPS for the quarter, beating the consensus estimate of $107.88 by $4.45. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.54 billion. NVR had a return on equity of 35.81% and a net margin of 14.00%.The firm’s revenue was down 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $130.50 earnings per share. As a group, equities research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.

Wall Street Analyst Weigh In

NVR has been the topic of a number of research reports. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Bank of America reduced their price target on NVR from $9,100.00 to $9,000.00 and set a “buy” rating on the stock in a report on Friday, October 10th. JPMorgan Chase & Co. raised their price objective on shares of NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. UBS Group lifted their target price on shares of NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $8,366.67.

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.