NVR (NYSE:NVR) Sets New 52-Week High at $9,624.67

NVR, Inc. (NYSE:NVR) hit a new 52-week high on Thursday . The company traded as high as $9,624.67 and last traded at $9,565.63, with a volume of 1568 shares trading hands. The stock had previously closed at $9,461.98.

NVR Price Performance

The firm has a market capitalization of $29.68 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.39 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The stock has a 50 day moving average price of $8,798.26 and a two-hundred day moving average price of $8,058.53.

NVR (NYSE:NVR) last released its 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). NVR had a return on equity of 38.51% and a net margin of 16.83%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.48 billion. As a group, analysts expect that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling

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

Institutional Trading of NVR

Institutional investors have recently bought and sold shares of the business. TD Asset Management Inc lifted its holdings 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 buying an additional 1,819 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings 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 purchasing an additional 71 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings 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 purchasing an additional 2,432 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of 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 purchasing an additional 1,254 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of 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 purchasing an additional 2,562 shares during the last quarter. 83.67% of the stock is owned by hedge funds and other institutional investors.

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.