Stephens Inc. AR Sells 37 Shares of NVR, Inc. (NYSE:NVR)

Stephens Inc. AR cut its stake in NVR, Inc. (NYSE:NVR - Free Report) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,812 shares of the construction company's stock after selling 37 shares during the quarter. Stephens Inc. AR owned approximately 0.06% of NVR worth $14,820,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in NVR by 13.3% during the third quarter. GAMMA Investing LLC now owns 17 shares of the construction company's stock worth $167,000 after purchasing an additional 2 shares during the period. IFM Investors Pty Ltd boosted its holdings in NVR by 0.3% in the 3rd quarter. IFM Investors Pty Ltd now owns 603 shares of the construction company's stock worth $5,917,000 after buying an additional 2 shares during the period. Metis Global Partners LLC grew its stake in NVR by 1.8% in the 3rd quarter. Metis Global Partners LLC now owns 114 shares of the construction company's stock valued at $1,119,000 after buying an additional 2 shares in the last quarter. Private Trust Co. NA raised its holdings in NVR by 66.7% during the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company's stock valued at $49,000 after acquiring an additional 2 shares during the period. Finally, Crestmont Private Wealth LLC lifted its position in shares of NVR by 3.9% during the fourth quarter. Crestmont Private Wealth LLC now owns 53 shares of the construction company's stock worth $433,000 after acquiring an additional 2 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NVR has been the subject of several recent research reports. StockNews.com cut NVR from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. UBS Group upped their price target on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. Seaport Res Ptn lowered shares of NVR from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 10th. 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 report on Wednesday, January 29th. Finally, Bank of America cut their price target on shares of NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $9,356.67.

Insider Activity at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were 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 trade represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.00% of the stock is owned by insiders.

NVR Price Performance

Shares of NVR stock traded down $197.28 during trading on Wednesday, hitting $7,297.08. The company had a trading volume of 19,886 shares, compared to its average volume of 27,021. The stock's 50-day moving average is $8,186.18 and its two-hundred day moving average is $8,834.92. The stock has a market capitalization of $22.33 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 2.51 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 52 week low of $7,227.09 and a 52 week high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, topping analysts' consensus estimates of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.58%. As a group, analysts predict that NVR, Inc. will post 512.33 EPS for the current fiscal year.

NVR declared that its board has approved a stock buyback plan on Wednesday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

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.