Stevens Capital Management LP Buys 22 Shares of NVR, Inc. (NYSE:NVR)

Stevens Capital Management LP lifted its stake in shares of NVR, Inc. (NYSE:NVR) by 81.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49 shares of the construction company’s stock after purchasing an additional 22 shares during the quarter. Stevens Capital Management LP’s holdings in NVR were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC bought a new stake in shares of NVR during the 4th quarter valued at approximately $3,277,825,000. Principal Financial Group Inc. grew its holdings in shares of NVR by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company’s stock valued at $437,882,000 after purchasing an additional 1,549 shares during the last quarter. Boston Partners grew its holdings in NVR by 3.2% during the 4th quarter. Boston Partners now owns 51,844 shares of the construction company’s stock worth $424,066,000 after acquiring an additional 1,605 shares during the last quarter. Jennison Associates LLC grew its holdings in NVR by 5.7% during the 4th quarter. Jennison Associates LLC now owns 37,550 shares of the construction company’s stock worth $307,118,000 after acquiring an additional 2,027 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in NVR by 8.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 27,282 shares of the construction company’s stock worth $267,686,000 after acquiring an additional 2,045 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

NVR Stock Down 1.5 %

Shares of NYSE NVR opened at $7,181.22 on Monday. The company has a market capitalization of $21.32 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. NVR, Inc. has a 52-week low of $7,015.00 and a 52-week high of $9,964.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The company’s 50 day moving average price is $7,606.71 and its 200-day moving average price is $8,550.75.

NVR (NYSE:NVR) last issued 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 net margin of 16.34% and a return on equity of 39.67%. Equities analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR declared that its board has initiated a share 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 buy up to 2.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at NVR

In other news, Director Thomas D. Eckert sold 143 shares of the business’s 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 value of $1,074,730.80. Following the transaction, the director now owns 1,050 shares in the company, valued at approximately $7,891,380. The trade was a 11.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 7.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NVR. UBS Group boosted their target price on shares of NVR from $8,750.00 to $8,900.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. reduced 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. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $9,356.67.

NVR Company Profile

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.