Paragon Capital Management Inc. Sells 5 Shares of NVR, Inc. (NYSE:NVR)

Paragon Capital Management Inc. lessened its stake in shares of NVR, Inc. (NYSE:NVR) by 2.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 205 shares of the construction company’s stock after selling 5 shares during the period. Paragon Capital Management Inc.’s holdings in NVR were worth $1,556,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of NVR. Cim LLC bought a new stake in NVR during the 2nd quarter valued at $175,000. Sanctuary Advisors LLC bought a new stake in shares of NVR in the second quarter valued at about $689,000. Cetera Investment Advisers raised its holdings in shares of NVR by 44.9% in the second quarter. Cetera Investment Advisers now owns 284 shares of the construction company’s stock valued at $2,155,000 after acquiring an additional 88 shares in the last quarter. IMS Capital Management lifted its stake in NVR by 5.8% in the second quarter. IMS Capital Management now owns 273 shares of the construction company’s stock worth $2,072,000 after acquiring an additional 15 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in NVR during the 2nd quarter worth about $16,960,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Trading Down 1.6 %

NYSE:NVR opened at $9,732.63 on Thursday. The firm has a 50-day simple moving average of $9,031.85 and a 200-day simple moving average of $8,188.96. NVR, Inc. has a one year low of $5,210.49 and a one year high of $9,912.56. The firm has a market cap of $30.49 billion, a P/E ratio of 20.29, a P/E/G ratio of 2.55 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84.

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

Insider Buying and Selling

In other NVR news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction dated 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 owns 391 shares in the company, valued at $3,325,810.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Matthew B. Kelpy sold 200 shares of the 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 completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,955,000. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the firm’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 completion of the sale, the director now directly owns 391 shares of the company’s stock, 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 three months. 7.00% of the stock is owned by insiders.

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.