Epoch Investment Partners Inc. Raises Stock Holdings in NVR, Inc. (NYSE:NVR)

Epoch Investment Partners Inc. boosted its holdings in NVR, Inc. (NYSE:NVR) by 56.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,680 shares of the construction company’s stock after purchasing an additional 8,140 shares during the period. Epoch Investment Partners Inc.’s holdings in NVR were worth $172,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its stake in shares of NVR by 0.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock worth $2,135,000 after purchasing an additional 2 shares during the period. Oppenheimer & Co. Inc. raised 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 during the period. Gulf International Bank UK Ltd boosted its stake in NVR by 0.8% in the first quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock valued at $2,162,000 after acquiring an additional 2 shares during the last quarter. Valued Wealth Advisors LLC grew its position in shares of NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after acquiring an additional 2 shares during the period. Finally, Smith Group Asset Management LLC increased its stake in shares of NVR by 1.0% during the 1st 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 during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Susan Williamson Ross sold 125 shares of NVR 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 transaction, the director now directly owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The disclosure for this sale can be found here. Insiders sold 648 shares of company stock worth $5,547,709 over the last quarter. 7.00% of the stock is currently owned by company insiders.

NVR Price Performance

NVR stock opened at $9,473.01 on Friday. The business’s 50 day simple moving average is $8,826.48 and its 200 day simple moving average is $8,074.48. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,696.86. The company 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. 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 issued its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. Sell-side analysts forecast that NVR, Inc. will post 500.67 EPS 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.