Ossiam Raises Stake in NVR, Inc. (NYSE:NVR)

Ossiam raised its stake in shares of NVR, Inc. (NYSE:NVR) by 335.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87 shares of the construction company’s stock after buying an additional 67 shares during the quarter. Ossiam’s holdings in NVR were worth $712,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new stake in NVR in the 4th quarter worth approximately $3,277,825,000. Vanguard Group Inc. increased its stake in NVR by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 342,460 shares of the construction company’s stock worth $2,800,946,000 after acquiring an additional 1,147 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of NVR by 11.7% in the 4th quarter. Capital Research Global Investors now owns 107,606 shares of the construction company’s stock valued at $880,099,000 after acquiring an additional 11,274 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of NVR by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company’s stock valued at $437,882,000 after acquiring an additional 1,549 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of NVR by 3.2% during the fourth quarter. Boston Partners now owns 51,844 shares of the construction company’s stock worth $424,066,000 after purchasing an additional 1,605 shares in the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. UBS Group boosted their price target on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. cut their price objective on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, NVR has a consensus rating of “Hold” and a consensus price target of $9,356.67.

Insider Buying and Selling at NVR

In other news, Director Thomas D. Eckert sold 143 shares of NVR stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the sale, the director now directly owns 1,050 shares in the company, valued at approximately $7,891,380. This trade represents a 11.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 7.00% of the company’s stock.

NVR Trading Down 0.5 %

NYSE NVR opened at $7,152.13 on Tuesday. 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 stock has a 50-day moving average of $7,216.66 and a 200-day moving average of $8,185.62. The firm has a market cap of $21.23 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 2.39 and a beta of 1.07. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current year.

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.