Walleye Capital LLC Boosts Stock Holdings in NVR, Inc. (NYSE:NVR)

Walleye Capital LLC grew its position in NVR, Inc. (NYSE:NVR) by 86.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,387 shares of the construction company’s stock after acquiring an additional 644 shares during the quarter. Walleye Capital LLC’s holdings in NVR were worth $11,344,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MML Investors Services LLC lifted its holdings in NVR by 2.1% in the 3rd quarter. MML Investors Services LLC now owns 242 shares of the construction company’s stock valued at $2,374,000 after purchasing an additional 5 shares in the last quarter. Coldstream Capital Management Inc. acquired a new stake in shares of NVR in the third quarter valued at about $292,000. Wilmington Savings Fund Society FSB purchased a new position in shares of NVR in the third quarter worth about $49,000. Franklin Resources Inc. lifted its stake in shares of NVR by 23.3% in the third quarter. Franklin Resources Inc. now owns 9,432 shares of the construction company’s stock worth $91,796,000 after buying an additional 1,780 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in NVR by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 13,920 shares of the construction company’s stock worth $136,580,000 after acquiring an additional 2,206 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other NVR news, Director Thomas D. Eckert sold 143 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 7.00% of the company’s stock.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of research reports. JPMorgan Chase & Co. decreased their target price on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. UBS Group lifted their price objective on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $9,356.67.

NVR Stock Performance

NVR stock opened at $7,255.55 on Tuesday. The firm has a 50 day simple moving average of $7,252.16 and a 200-day simple moving average of $8,274.97. The stock has a market cap of $21.54 billion, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. 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, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

NVR (NYSE:NVR) last posted its earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, beating analysts’ consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. On average, 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.