NVR, Inc. (NYSE:NVR) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its stake in NVR, Inc. (NYSE:NVR) by 2.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,281 shares of the construction company’s stock after selling 574 shares during the quarter. Hsbc Holdings PLC owned approximately 0.62% of NVR worth $146,863,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of NVR. Norges Bank purchased a new stake in shares of NVR in the fourth quarter worth about $246,031,000. TD Asset Management Inc boosted its stake in shares of NVR by 143.8% in the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after buying an additional 14,167 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of NVR by 321.1% in the first quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock worth $116,389,000 after buying an additional 10,958 shares during the last quarter. 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 worth $141,498,000 after buying an additional 8,684 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of NVR by 108.3% in the first quarter. Russell Investments Group Ltd. now owns 12,147 shares of the construction company’s stock worth $98,215,000 after buying an additional 6,315 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was 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 $1,989,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was 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 $1,989,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the 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 transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,955,000. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is owned by corporate insiders.

NVR Stock Down 0.2 %

Shares of NVR opened at $9,461.98 on Thursday. NVR, Inc. has a 52 week low of $5,210.49 and a 52 week high of $9,607.75. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $29.64 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 2.39 and a beta of 1.18. The stock’s 50-day moving average price is $8,729.40 and its 200-day moving average price is $8,037.22.

NVR (NYSE:NVR) last issued its earnings results on Tuesday, July 23rd. The construction company reported $120.69 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 return on equity of 38.51% and a net margin of 16.83%. On average, sell-side analysts predict that NVR, Inc. will post 500.67 EPS for the current year.

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.