NVR, Inc. (NYSE:NVR) Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its position in shares of NVR, Inc. (NYSE:NVR) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,812 shares of the construction company’s stock after selling 37 shares during the quarter. Stephens Inc. AR’s holdings in NVR were worth $14,820,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC raised its stake in shares of NVR by 13.3% in the 3rd quarter. GAMMA Investing LLC now owns 17 shares of the construction company’s stock valued at $167,000 after purchasing an additional 2 shares in the last quarter. IFM Investors Pty Ltd increased its holdings in NVR by 0.3% in the third quarter. IFM Investors Pty Ltd now owns 603 shares of the construction company’s stock valued at $5,917,000 after buying an additional 2 shares during the last quarter. Metis Global Partners LLC raised its stake in NVR by 1.8% during the third 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 lifted 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 worth $49,000 after buying an additional 2 shares during the last quarter. Finally, Crestmont Private Wealth LLC grew its position in shares of NVR by 3.9% in the 4th 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. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NVR shares. JPMorgan Chase & Co. dropped their price target on NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. Seaport Res Ptn downgraded shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Bank of America dropped their price objective on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, UBS Group increased their price target on NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, NVR presently has a consensus rating of “Hold” and an average price target of $9,356.67.

NVR Trading Down 2.3 %

Shares of NYSE:NVR opened at $7,560.51 on Friday. NVR, Inc. has a fifty-two week low of $7,227.09 and a fifty-two week high of $9,964.77. 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 company has a market cap of $23.14 billion, a PE ratio of 14.90, a P/E/G ratio of 2.51 and a beta of 1.20. The company’s 50-day moving average price is $8,288.68 and its 200 day moving average price is $8,857.14.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.58% and a net margin of 16.34%. Sell-side analysts anticipate that NVR, Inc. will post 512.33 earnings per share for the current year.

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