Renaissance Technologies LLC Acquires 2,080 Shares of NVR, Inc. (NYSE:NVR)

Renaissance Technologies LLC boosted its holdings in shares of NVR, Inc. (NYSE:NVR) by 520.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,480 shares of the construction company’s stock after buying an additional 2,080 shares during the quarter. Renaissance Technologies LLC’s holdings in NVR were worth $18,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Valued Wealth Advisors LLC increased its stake in shares of NVR by 100.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after purchasing an additional 2 shares in the last quarter. Redwood Wealth Management Group LLC bought a new position in shares of NVR in the second quarter worth about $46,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of NVR during the 2nd quarter valued at about $53,000. Mather Group LLC. purchased a new position in shares of NVR during the 1st quarter valued at about $73,000. Finally, UMB Bank n.a. grew its stake in shares of NVR by 57.1% during the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after acquiring an additional 4 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the sale, the director now directly owns 391 shares in the company, valued at approximately $3,325,810.81. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock worth $5,547,709 over the last ninety days. Corporate insiders own 7.00% of the company’s stock.

NVR Price Performance

NYSE NVR opened at $9,473.01 on Friday. The stock has a market cap of $29.68 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,696.86. The company’s 50 day moving average is $8,798.26 and its two-hundred day moving average is $8,058.53. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing the consensus estimate of $121.65 by ($0.96). The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. As a group, research analysts anticipate that NVR, Inc. will post 500.67 earnings per share for the current year.

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.