BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $4.64 Million Stake in NVR, Inc. (NYSE:NVR)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of NVR, Inc. (NYSE:NVR) by 60.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 611 shares of the construction company’s stock after purchasing an additional 230 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in NVR were worth $4,637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Principal Financial Group Inc. increased its holdings 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 buying an additional 191 shares in the last quarter. Schroder Investment Management Group increased its holdings in NVR by 3.1% during the 4th quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock valued at $224,994,000 after purchasing an additional 963 shares in the last quarter. Dimensional Fund Advisors LP raised its position in NVR by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after purchasing an additional 906 shares during the last quarter. TD Asset Management Inc grew its holdings in shares of NVR by 143.8% during the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after purchasing an additional 14,167 shares during the last quarter. Finally, Epoch Investment Partners Inc. increased its stake in shares of NVR by 56.0% in the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock valued at $172,109,000 after buying an additional 8,140 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

Insider Activity at NVR

In other news, 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 transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,955,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the transaction, 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. In the last ninety days, insiders have sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is owned by corporate insiders.

NVR Stock Up 0.6 %

Shares of NVR opened at $9,575.12 on Friday. The firm 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, Inc. has a 52 week low of $5,210.49 and a 52 week 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 business’s fifty day moving average price is $8,929.72 and its two-hundred day moving average price is $8,125.39.

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 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 business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.48 billion. On average, analysts predict that NVR, Inc. will post 500.67 earnings per share 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.