Benjamin F. Edwards & Company Inc. Raises Holdings in NVR, Inc. (NYSE:NVR)

Benjamin F. Edwards & Company Inc. boosted its stake in shares of NVR, Inc. (NYSE:NVR) by 32.4% in the 2nd quarter, Holdings Channel reports. The fund owned 98 shares of the construction company’s stock after buying an additional 24 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in NVR were worth $744,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. TD Asset Management Inc raised its position in shares of NVR by 22.7% in the fourth quarter. TD Asset Management Inc now owns 9,831 shares of the construction company’s stock worth $68,821,000 after acquiring an additional 1,819 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in NVR by 1.3% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after purchasing an additional 71 shares during the period. Assenagon Asset Management S.A. boosted its position in NVR by 3,377.8% during the second quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock worth $19,002,000 after purchasing an additional 2,432 shares in the last quarter. Sei Investments Co. grew its holdings in NVR by 89.6% in the first quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock valued at $21,489,000 after purchasing an additional 1,254 shares during the period. Finally, UBS Group AG increased its position in shares of NVR by 164.8% in the fourth quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock valued at $28,821,000 after buying an additional 2,562 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred on 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 owns 230 shares of the company’s stock, valued at $1,955,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other NVR news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the sale, the director now owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. The disclosure for this sale can be found here. In the last three months, insiders have sold 648 shares of company stock worth $5,547,709. Insiders own 7.00% of the company’s stock.

NVR Trading Down 0.7 %

Shares of NYSE:NVR opened at $9,644.09 on Wednesday. The business’s 50 day moving average price is $8,882.13 and its 200-day moving average price is $8,105.38. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,764.16. The firm has a market capitalization of $30.21 billion, a price-to-earnings ratio of 20.10, a price-to-earnings-growth ratio of 2.39 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32.

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