NVR, Inc. (NYSE:NVR) Position Boosted by IMS Capital Management

IMS Capital Management boosted its holdings in NVR, Inc. (NYSE:NVR) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 273 shares of the construction company’s stock after buying an additional 15 shares during the quarter. IMS Capital Management’s holdings in NVR were worth $2,072,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. grew its holdings in shares of NVR by 0.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock valued at $2,135,000 after buying an additional 2 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in NVR by 0.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock worth $1,498,000 after acquiring an additional 2 shares in the last quarter. Gulf International Bank UK Ltd increased its stake in shares of NVR by 0.8% during the 1st quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock worth $2,162,000 after purchasing an additional 2 shares during the last quarter. Valued Wealth Advisors LLC lifted 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 valued at $32,000 after purchasing an additional 2 shares during the last quarter. Finally, Smith Group Asset Management LLC boosted its holdings in NVR by 1.0% in the first quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock worth $1,717,000 after purchasing an additional 2 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Insider Buying and Selling

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

NVR Stock Performance

NVR opened at $9,811.80 on Tuesday. The stock has a 50-day moving average of $8,979.42 and a 200-day moving average of $8,161.71. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,844.73. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The company has a market cap of $30.74 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18.

NVR (NYSE:NVR) last announced 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 during the quarter, compared to analyst estimates of $2.48 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. As a group, equities research analysts forecast that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

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.