Cetera Investment Advisers Increases Stock Holdings in NVR, Inc. (NYSE:NVR)

Cetera Investment Advisers lifted its stake in shares of NVR, Inc. (NYSE:NVR) by 44.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 284 shares of the construction company’s stock after buying an additional 88 shares during the quarter. Cetera Investment Advisers’ holdings in NVR were worth $2,155,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Valued Wealth Advisors LLC increased its holdings in NVR by 100.0% during the 1st 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. Redwood Wealth Management Group LLC purchased a new stake in NVR during the 2nd quarter worth approximately $46,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in NVR during the 2nd quarter worth approximately $53,000. Mather Group LLC. purchased a new stake in NVR during the 1st quarter worth approximately $73,000. Finally, UMB Bank n.a. increased its holdings in NVR by 57.1% during the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after purchasing an additional 4 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at NVR

In other news, CAO Matthew B. Kelpy sold 200 shares of NVR 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 value of $1,700,000.00. Following the completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related 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 completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $1,513,750.00. Following the sale, the chief accounting officer now directly owns 230 shares in the company, valued at $1,989,500. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is currently owned by corporate insiders.

NVR Price Performance

NVR stock opened at $9,534.19 on Monday. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,912.56. The stock’s 50 day moving average is $9,167.18 and its two-hundred day moving average is $8,272.41. The company has a market capitalization of $29.87 billion, a PE ratio of 19.87, a P/E/G ratio of 2.53 and a beta of 1.19.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing the consensus estimate of $121.65 by ($0.96). The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.48 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. Analysts predict that NVR, Inc. will post 500.67 earnings per share for the current fiscal 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.