ProShare Advisors LLC Boosts Holdings in NVR, Inc. (NYSE:NVR)

ProShare Advisors LLC raised its position in NVR, Inc. (NYSE:NVR) by 10.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 436 shares of the construction company’s stock after acquiring an additional 40 shares during the quarter. ProShare Advisors LLC’s holdings in NVR were worth $3,309,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of NVR. Principal Financial Group Inc. increased its stake in shares of NVR by 0.4% during the first quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock worth $424,851,000 after acquiring an additional 191 shares during the period. Schroder Investment Management Group increased its position in NVR by 3.1% during the 4th quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock worth $224,994,000 after purchasing an additional 963 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of NVR by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock worth $221,595,000 after buying an additional 906 shares in the last quarter. TD Asset Management Inc lifted its holdings in shares of NVR by 143.8% in the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after buying an additional 14,167 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its stake in shares of NVR by 98.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock valued at $141,498,000 after buying an additional 8,684 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Trading Up 0.6 %

NYSE:NVR opened at $9,575.12 on Friday. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,764.16. 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 stock has a fifty day moving average price of $8,929.72 and a two-hundred day moving average price of $8,125.39. The stock has a market capitalization of $30.00 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.55 and a beta of 1.18.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). The company had revenue of $2.55 billion during 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%. As a group, sell-side analysts anticipate that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

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 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 owns 230 shares of the company’s stock, valued at approximately $1,955,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction on Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the completion of the transaction, the director now owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 completion of 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. Over the last three months, insiders sold 648 shares of company stock valued at $5,547,709. Corporate insiders own 7.00% of the company’s stock.

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.