Stephens Inc. AR Has $18.14 Million Holdings in NVR, Inc. (NYSE:NVR)

Stephens Inc. AR boosted its holdings in NVR, Inc. (NYSE:NVR - Free Report) by 29.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,849 shares of the construction company's stock after acquiring an additional 417 shares during the period. Stephens Inc. AR owned 0.06% of NVR worth $18,142,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE raised its position in shares of NVR by 13.0% in the third quarter. US Bancorp DE now owns 226 shares of the construction company's stock valued at $2,217,000 after purchasing an additional 26 shares during the period. First Trust Direct Indexing L.P. grew its stake in NVR by 258.1% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 111 shares of the construction company's stock valued at $1,090,000 after buying an additional 80 shares during the last quarter. abrdn plc raised its holdings in NVR by 32.8% in the 3rd quarter. abrdn plc now owns 757 shares of the construction company's stock valued at $7,414,000 after acquiring an additional 187 shares during the period. Nisa Investment Advisors LLC lifted its position in NVR by 1.2% during the third quarter. Nisa Investment Advisors LLC now owns 875 shares of the construction company's stock worth $8,585,000 after acquiring an additional 10 shares during the last quarter. Finally, Semanteon Capital Management LP bought a new stake in shares of NVR during the third quarter worth approximately $520,000. Institutional investors and hedge funds own 83.67% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NVR shares. UBS Group increased their target price on NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 23rd. Bank of America decreased their price objective on NVR from $10,800.00 to $10,600.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other NVR news, CAO Matthew B. Kelpy sold 125 shares of NVR stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the transaction, the chief accounting officer now owns 230 shares in the company, valued at $2,186,679. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares of the company's stock, valued at $1,955,000. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 7.00% of the company's stock.

NVR Price Performance

NYSE NVR traded down $13.42 during midday trading on Friday, hitting $9,139.39. The company had a trading volume of 19,545 shares, compared to its average volume of 19,214. The firm has a 50-day moving average price of $9,420.22 and a 200-day moving average price of $8,432.82. The company has a market capitalization of $28.13 billion, a PE ratio of 18.68, a P/E/G ratio of 1.94 and a beta of 1.19. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. NVR, Inc. has a twelve month low of $5,600.56 and a twelve month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts' consensus estimates of $131.00 by ($0.50). NVR had a net margin of 16.51% and a return on equity of 38.20%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same period last year, the firm earned $125.26 EPS. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, analysts anticipate that NVR, Inc. will post 496.62 earnings per share for the current fiscal 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.