NVR, Inc. (NYSE:NVR) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC reduced its stake in NVR, Inc. (NYSE:NVR) by 4.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 42 shares of the construction company’s stock after selling 2 shares during the quarter. Parallel Advisors LLC’s holdings in NVR were worth $319,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. TD Asset Management Inc lifted its stake in NVR by 22.7% during the fourth quarter. TD Asset Management Inc now owns 9,831 shares of the construction company’s stock worth $68,821,000 after purchasing an additional 1,819 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its stake in NVR by 1.3% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after acquiring an additional 71 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in NVR by 3,377.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock valued at $19,002,000 after acquiring an additional 2,432 shares during the period. Sei Investments Co. grew its position in NVR by 89.6% in the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock valued at $21,489,000 after acquiring an additional 1,254 shares in the last quarter. Finally, UBS Group AG grew its position in NVR by 164.8% in the 4th quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock valued at $28,821,000 after acquiring an additional 2,562 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other news, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the completion of the transaction, the director now owns 173 shares in the company, valued at approximately $1,485,369.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the sale, the director now directly owns 173 shares of the company’s stock, valued at $1,485,369.35. The disclosure for this sale can be found here. Insiders have sold a total of 648 shares of company stock worth $5,547,709 in the last quarter. 7.00% of the stock is owned by company insiders.

NVR Stock Down 0.2 %

Shares of NVR opened at $9,461.98 on Thursday. The company’s 50-day simple moving average is $8,729.40 and its 200-day simple moving average is $8,037.22. 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 $9,607.75. The stock has a market capitalization of $29.64 billion, a PE ratio of 19.72, a P/E/G ratio of 2.39 and a beta of 1.18.

NVR (NYSE:NVR) last issued its quarterly 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 business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. Analysts forecast 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.