NVR, Inc. (NYSE:NVR) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. boosted its holdings in NVR, Inc. (NYSE:NVR) by 18.3% during the 4th quarter, Holdings Channel reports. The fund owned 84 shares of the construction company’s stock after acquiring an additional 13 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in NVR were worth $588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Atria Wealth Solutions Inc. increased its position in NVR by 31.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 46 shares of the construction company’s stock valued at $322,000 after acquiring an additional 11 shares during the period. Yousif Capital Management LLC boosted its stake in NVR by 25.0% during the 4th quarter. Yousif Capital Management LLC now owns 560 shares of the construction company’s stock valued at $3,920,000 after purchasing an additional 112 shares in the last quarter. GAMMA Investing LLC bought a new position in NVR during the 4th quarter valued at $78,000. RWA Wealth Partners LLC bought a new position in NVR during the 4th quarter valued at $280,000. Finally, Duality Advisers LP boosted its stake in NVR by 23.5% during the 4th quarter. Duality Advisers LP now owns 714 shares of the construction company’s stock valued at $4,998,000 after purchasing an additional 136 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NVR shares. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research note on Wednesday. UBS Group increased their price target on NVR from $7,600.00 to $8,175.00 and gave the company a “neutral” rating in a research note on Wednesday.

NVR Stock Performance

NVR opened at $7,647.04 on Friday. The firm has a market cap of $24.47 billion, a PE ratio of 15.94, a P/E/G ratio of 3.17 and a beta of 1.13. The company has a quick ratio of 3.90, a current ratio of 6.52 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $7,741.99 and a 200-day simple moving average of $6,982.80. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $8,211.40.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, April 23rd. The construction company reported $116.41 earnings per share for the quarter, topping the consensus estimate of $103.97 by $12.44. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.25 billion. NVR had a return on equity of 38.54% and a net margin of 17.33%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $99.89 EPS. As a group, equities analysts predict that NVR, Inc. will post 494.66 EPS for the current fiscal year.

NVR announced that its Board of Directors has approved a stock buyback program on Wednesday, February 14th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at NVR

In other news, CFO Daniel David Malzahn sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total transaction of $14,505,660.00. Following the completion of the sale, the chief financial officer now directly owns 13,209 shares of the company’s stock, valued at approximately $95,802,631.47. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CAO Matthew B. Kelpy sold 100 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $7,615.00, for a total value of $761,500.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,751,450. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Daniel David Malzahn sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $7,252.83, for a total value of $14,505,660.00. Following the completion of the sale, the chief financial officer now directly owns 13,209 shares of the company’s stock, valued at approximately $95,802,631.47. The disclosure for this sale can be found here. Insiders sold a total of 7,981 shares of company stock valued at $59,155,947 in the last three months. 7.00% of the stock is currently owned by corporate insiders.

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.