Ashtead Group PLC (LON:AHT) Gets GBX 2240.00 Target By Credit Suisse; Marshfield Associates Has Cut Nvr (NVR) Holding

Marshfield Associates decreased Nvr Inc. (NVR) stake by 3.34% reported in 2017Q3 SEC filing. Marshfield Associates sold 1,485 shares as Nvr Inc. (NVR)’s stock rose 22.66%. The Marshfield Associates holds 43,019 shares with $122.82 million value, down from 44,504 last quarter. Nvr Inc. now has $13.32 billion valuation. The stock increased 0.94% or $33.22 during the last trading session, reaching $3562.83. About 27,067 shares traded. NVR, Inc. (NYSE:NVR) has risen 38.86% since January 4, 2017 and is uptrending. It has outperformed by 22.16% the S&P500.

Credit Suisse gave Ashtead Group PLC (LON:AHT) shares a new “Outperform” rating in a a research report shared with investors and clients on 3 January. The firm after the upgrade has GBX 2240.00 target price per share on the stock. Credit Suisse’s target is 11.50% from AHT’s last price.

The stock increased 0.35% or GBX 7 during the last trading session, reaching GBX 2011. About 166,536 shares traded. Ashtead Group plc (LON:AHT) has 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.

Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. The company has market cap of 9.99 billion GBP. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. It has a 18.27 P/E ratio. The firm provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.

Analysts await Ashtead Group plc (LON:AHT) to report earnings on February, 22. They expect $0.21 EPS, up 31.25% or $0.05 from last year’s $0.16 per share. AHT’s profit will be $1.04 million for 2394.05 P/E if the $0.21 EPS becomes a reality. After $0.30 actual EPS reported by Ashtead Group plc for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

Among 20 analysts covering Ashtead Group PLC (LON:AHT), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Ashtead Group PLC has GBX 2500 highest and GBX 660 lowest target. GBX 1850’s average target is -8.01% below currents GBX 2011 stock price. Ashtead Group PLC had 211 analyst reports since July 23, 2015 according to SRatingsIntel. On Tuesday, December 12 the stock rating was maintained by Liberum Capital with “Buy”. The rating was maintained by Peel Hunt on Friday, July 15 with “Buy”. Liberum Capital maintained Ashtead Group plc (LON:AHT) on Tuesday, June 6 with “Buy” rating. The firm earned “Overweight” rating on Monday, April 4 by Barclays Capital. The rating was maintained by JP Morgan with “Overweight” on Wednesday, March 9. JP Morgan maintained the shares of AHT in report on Friday, October 20 with “Overweight” rating. JP Morgan maintained Ashtead Group plc (LON:AHT) rating on Monday, September 5. JP Morgan has “Overweight” rating and GBX 1340 target. The stock of Ashtead Group plc (LON:AHT) earned “Underperform” rating by Credit Suisse on Wednesday, March 9. On Tuesday, December 6 the stock rating was maintained by Peel Hunt with “Buy”. JP Morgan maintained the shares of AHT in report on Friday, October 14 with “Overweight” rating.

Investors sentiment increased to 0.95 in 2017 Q3. Its up 0.09, from 0.86 in 2017Q2. It improved, as 16 investors sold Ashtead Group plc shares while 45 reduced holdings. 18 funds opened positions while 40 raised stakes. 65.97 million shares or 3.13% less from 68.11 million shares in 2017Q2 were reported. Metropolitan Life Insurance New York invested 0.01% of its portfolio in Ashtead Group plc (LON:AHT). Qs Limited Company owns 525,180 shares or 0.03% of their US portfolio. Dimensional Fund Advisors Limited Partnership holds 0% or 1.55M shares in its portfolio. Of Vermont has 900 shares. Missouri-based American Century Incorporated has invested 0% in Ashtead Group plc (LON:AHT). Utah Retirement has invested 0% in Ashtead Group plc (LON:AHT). Swiss Bancorp invested 0% of its portfolio in Ashtead Group plc (LON:AHT). California Public Employees Retirement reported 541,395 shares. Ameriprise Fincl Inc reported 89,165 shares. Sumitomo Mitsui Tru Inc reported 87,879 shares. Gsa Capital Prns Ltd Liability Partnership has 23,286 shares for 0.01% of their portfolio. 524,436 were reported by Nationwide Fund Advsr. Art Advsrs Limited Co stated it has 0.02% of its portfolio in Ashtead Group plc (LON:AHT). Invest Centers Of America Inc holds 201,395 shares. Public Employees Retirement Association Of Colorado invested in 0% or 35,001 shares.

Analysts await NVR, Inc. (NYSE:NVR) to report earnings on January, 24. They expect $48.95 earnings per share, up 29.50% or $11.15 from last year’s $37.8 per share. NVR’s profit will be $183.06 million for 18.20 P/E if the $48.95 EPS becomes a reality. After $38.02 actual earnings per share reported by NVR, Inc. for the previous quarter, Wall Street now forecasts 28.75% EPS growth.

Since August 14, 2017, it had 0 insider buys, and 2 insider sales for $1.33 million activity. Grier Eddie Arthur had sold 165 shares worth $442,573. DONAHUE TIMOTHY M sold $887,273 worth of stock.