Venator Management LLC Sells 127 Shares of NVR, Inc. (NYSE:NVR)

Venator Management LLC lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,446 shares of the construction company’s stock after selling 127 shares during the period. NVR makes up about 5.6% of Venator Management LLC’s portfolio, making the stock its 9th biggest holding. Venator Management LLC owned about 0.08% of NVR worth $18,562,000 at the end of the most recent quarter.

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

NVR Stock Down 0.2 %

Shares of NVR stock opened at $9,461.98 on Thursday. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $9,607.75. The firm 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. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The stock’s 50-day simple moving average is $8,729.40 and its 200-day simple moving average is $8,037.22.

NVR (NYSE:NVR) last issued its quarterly 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). NVR had a return on equity of 38.51% and a net margin of 16.83%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.48 billion. Equities analysts expect that NVR, Inc. will post 500.67 earnings per share for the current year.

Insider Buying and Selling

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,955,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Alfred E. Festa sold 148 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were 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 directly owns 230 shares of the company’s stock, valued at $1,955,000. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock valued at $5,547,709 over the last 90 days. Insiders own 7.00% of the company’s stock.

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.