Park Avenue Securities LLC raised its stake in NVR, Inc. (NYSE:NVR – Free Report) by 4.4% during the third quarter, Holdings Channel reports. The firm owned 71 shares of the construction company’s stock after purchasing an additional 3 shares during the period. Park Avenue Securities LLC’s holdings in NVR were worth $697,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of NVR by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock valued at $424,851,000 after purchasing an additional 191 shares during the last quarter. Marshfield Associates boosted its holdings in shares of NVR by 0.3% in the 2nd quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock valued at $248,290,000 after purchasing an additional 96 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 valued at $221,595,000 after acquiring an additional 906 shares in the last quarter. TD Asset Management Inc lifted its holdings in shares of NVR by 143.8% during the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after acquiring an additional 14,167 shares in the last quarter. Finally, Epoch Investment Partners Inc. lifted its holdings in shares of NVR by 56.0% during the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock valued at $172,109,000 after acquiring an additional 8,140 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.
Insider Activity at NVR
In related news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,989,500. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $1,063,238.75. Following the sale, the director now directly owns 391 shares in the company, valued at $3,325,810.81. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is currently owned by corporate insiders.
NVR Stock Performance
NVR (NYSE:NVR – Get Free Report) last posted its 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 business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. As a group, equities research analysts expect that NVR, Inc. will post 500.67 earnings per share for the current fiscal 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.
See Also
- Five stocks we like better than NVR
- Differences Between Momentum Investing and Long Term Investing
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- Dividend Payout Ratio Calculator
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- Using the MarketBeat Stock Split Calculator
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Want to see what other hedge funds are holding NVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVR, Inc. (NYSE:NVR – Free Report).
Receive News & Ratings for NVR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVR and related companies with MarketBeat.com's FREE daily email newsletter.