Meiji Yasuda Asset Management Co Ltd. Lowers Stock Position in NVR, Inc. (NYSE:NVR)

Meiji Yasuda Asset Management Co Ltd. trimmed its holdings in shares of NVR, Inc. (NYSE:NVR) by 73.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92 shares of the construction company’s stock after selling 255 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in NVR were worth $698,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of NVR by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock valued at $424,851,000 after acquiring an additional 191 shares during the period. Schroder Investment Management Group boosted its position in NVR by 3.1% during the fourth quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock valued at $224,994,000 after purchasing an additional 963 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in NVR by 3.2% during the second quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after purchasing an additional 906 shares in the last quarter. TD Asset Management Inc grew its stake in NVR by 143.8% in the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after purchasing an additional 14,167 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in 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 purchasing an additional 8,684 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Stock Down 1.9 %

NYSE:NVR opened at $9,473.01 on Friday. The company’s 50-day simple moving average is $8,798.26 and its 200-day simple moving average is $8,058.53. 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 fifty-two week low of $5,210.49 and a fifty-two week high of $9,696.86. The stock has a market capitalization of $29.68 billion, a P/E ratio of 19.74, a P/E/G ratio of 2.39 and a beta of 1.18.

NVR (NYSE:NVR) last announced its 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). The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. On average, equities analysts anticipate that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

Insider Transactions at NVR

In related news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction dated 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 transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,989,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the company’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 transaction 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. Insiders sold 648 shares of company stock valued at $5,547,709 in the last quarter. 7.00% of the stock is currently owned by corporate insiders.

NVR Company 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.