Point72 DIFC Ltd Decreases Position in NVR, Inc. (NYSE:NVR)

Point72 DIFC Ltd trimmed its holdings in shares of NVR, Inc. (NYSE:NVR) by 10.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 469 shares of the construction company’s stock after selling 54 shares during the period. Point72 DIFC Ltd’s holdings in NVR were worth $3,559,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of NVR by 0.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock worth $2,135,000 after buying an additional 2 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of NVR by 0.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock valued at $1,498,000 after acquiring an additional 2 shares during the last quarter. Gulf International Bank UK Ltd boosted its holdings in shares of NVR by 0.8% during the first 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 period. Valued Wealth Advisors LLC grew its stake in shares of NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after purchasing an additional 2 shares during the last quarter. Finally, Smith Group Asset Management LLC increased its holdings in NVR by 1.0% during the 1st quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock valued at $1,717,000 after purchasing an additional 2 shares during the period. 83.67% of the stock is owned by institutional investors.

Insider Activity

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at $1,989,500. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at $1,989,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction dated Friday, August 9th. The shares were 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 in the company, valued at $1,955,000. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 648 shares of company stock valued at $5,547,709. Corporate insiders own 7.00% of the company’s stock.

NVR Trading Up 2.5 %

NYSE NVR opened at $9,707.71 on Tuesday. The stock has a market cap of $30.41 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 2.39 and a beta of 1.18. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $9,730.21. The stock has a 50 day simple moving average of $8,859.25 and a two-hundred day simple moving average of $8,091.38. 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 released its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share 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 the consensus estimate of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. On average, analysts forecast that NVR, Inc. will post 500.67 earnings per share for the current year.

NVR 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.