Stevens Capital Management LP Has $265,000 Holdings in NVR, Inc. (NYSE:NVR)

Stevens Capital Management LP lowered its holdings in shares of NVR, Inc. (NYSE:NVR - Free Report) by 71.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27 shares of the construction company's stock after selling 68 shares during the period. Stevens Capital Management LP's holdings in NVR were worth $265,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NVR. Drive Wealth Management LLC boosted its stake in NVR by 7.7% in the 2nd quarter. Drive Wealth Management LLC now owns 28 shares of the construction company's stock valued at $212,000 after buying an additional 2 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of NVR by 0.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 314 shares of the construction company's stock valued at $2,383,000 after purchasing an additional 2 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of NVR by 8.7% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 25 shares of the construction company's stock worth $190,000 after purchasing an additional 2 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its position in shares of NVR by 100.0% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company's stock worth $39,000 after purchasing an additional 2 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of NVR by 13.3% during the 3rd quarter. GAMMA Investing LLC now owns 17 shares of the construction company's stock worth $167,000 after purchasing an additional 2 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company's stock.

NVR Trading Down 0.1 %

NVR stock traded down $8.68 during trading on Friday, hitting $8,946.33. The company had a trading volume of 21,524 shares, compared to its average volume of 19,359. The stock has a market cap of $27.38 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 1.97 and a beta of 1.18. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $9,353.77 and a 200-day moving average price of $8,682.07. NVR, Inc. has a 12 month low of $6,330.74 and a 12 month high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The construction company reported $130.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $131.00 by ($0.50). The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. NVR had a net margin of 16.51% and a return on equity of 38.20%. The company's revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $125.26 EPS. As a group, analysts predict that NVR, Inc. will post 494.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Seaport Res Ptn cut shares of NVR from a "strong-buy" rating to a "hold" rating in a research note on Sunday, November 10th. UBS Group increased their price target on NVR from $8,450.00 to $9,450.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. Bank of America cut their price objective on NVR from $10,800.00 to $10,600.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Finally, StockNews.com cut NVR from a "buy" rating to a "hold" rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $8,783.33.

Insider Activity

In other NVR news, Director David A. Preiser sold 250 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the transaction, the director now owns 239 shares of the company's stock, valued at approximately $2,223,330.96. This represents a 51.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 400 shares of the business's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the transaction, the chief accounting officer now owns 208 shares of the company's stock, valued at $1,965,600. The trade was a 65.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 775 shares of company stock valued at $7,294,073. 7.00% of the stock is currently owned by 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.