Mutual of America Capital Management LLC Decreases Holdings in NVR, Inc. (NYSE:NVR)

Mutual of America Capital Management LLC decreased its holdings in NVR, Inc. (NYSE:NVR) by 4.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 517 shares of the construction company’s stock after selling 24 shares during the period. Mutual of America Capital Management LLC’s holdings in NVR were worth $3,923,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. TD Asset Management Inc increased its stake in shares of NVR by 22.7% in 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 increased its stake in shares of NVR by 1.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after purchasing an additional 71 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of NVR by 3,377.8% in the second quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock worth $19,002,000 after purchasing an additional 2,432 shares in the last quarter. Sei Investments Co. increased its stake in shares of NVR by 89.6% in the first quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after purchasing an additional 1,254 shares in the last quarter. Finally, UBS Group AG grew its stake in NVR by 164.8% during the fourth 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.

NVR Price Performance

Shares of NYSE:NVR opened at $9,473.01 on Monday. The company has a 50 day moving average of $8,826.48 and a 200 day moving average of $8,077.14. The stock has a market cap 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, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,696.86. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last issued its quarterly earnings data 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 firm had revenue of $2.55 billion for 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%. As a group, sell-side analysts forecast that NVR, Inc. will post 500.67 EPS for the current fiscal year.

Insider Activity at NVR

In other NVR 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 transaction 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 $1,989,500. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of NVR 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 completion of the sale, the chief accounting officer now directly owns 230 shares in the company, valued at $1,955,000. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction of $1,513,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 648 shares of company stock valued at $5,547,709. Corporate insiders own 7.00% of the company’s stock.

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.