NVR, Inc. (NYSE:NVR) Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its stake in shares of NVR, Inc. (NYSE:NVR) by 2.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 396 shares of the construction company’s stock after purchasing an additional 9 shares during the quarter. Daiwa Securities Group Inc.’s holdings in NVR were worth $3,005,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Valued Wealth Advisors LLC lifted its holdings in shares of NVR by 100.0% during 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 period. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of NVR during the second quarter worth $53,000. Mather Group LLC. acquired a new stake in shares of NVR during the first quarter worth $73,000. UMB Bank n.a. lifted its holdings in shares of NVR by 57.1% during the second 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 period. Finally, Quent Capital LLC lifted its holdings in shares of NVR by 30.0% during the first quarter. Quent Capital LLC now owns 13 shares of the construction company’s stock worth $105,000 after purchasing an additional 3 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVR news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the completion of the transaction, the director now owns 391 shares in the company, valued at $3,325,810.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the completion of the transaction, the director now owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Matthew B. Kelpy sold 175 shares of the firm’s 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 completion of the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The disclosure for this sale can be found here. Over the last quarter, insiders sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is owned by corporate insiders.

NVR Trading Up 2.1 %

NYSE:NVR opened at $9,369.58 on Friday. The stock has a fifty day moving average price of $8,649.64 and a two-hundred day moving average price of $8,005.67. The stock has a market capitalization of $28.86 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 2.39 and a beta of 1.18. 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, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,423.00.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $121.65 by ($0.96). The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.48 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. As a group, sell-side analysts anticipate 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.