Point72 DIFC Ltd Has $3.56 Million Stake in NVR, Inc. (NYSE:NVR)

Point72 DIFC Ltd reduced its holdings in shares of NVR, Inc. (NYSE:NVR) by 10.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 469 shares of the construction company’s stock after selling 54 shares during the period. Point72 DIFC Ltd’s holdings in NVR were worth $3,559,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Valued Wealth Advisors LLC boosted its position in shares of NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after purchasing an additional 2 shares in the last quarter. Redwood Wealth Management Group LLC bought a new position in NVR in the second quarter worth approximately $46,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in NVR in the second quarter valued at approximately $53,000. Mather Group LLC. bought a new stake in shares of NVR during the first quarter valued at approximately $73,000. Finally, UMB Bank n.a. raised its position in shares of NVR by 57.1% during the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after purchasing an additional 4 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Performance

Shares of NVR stock opened at $9,707.71 on Tuesday. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $8,859.25 and a two-hundred day simple moving average of $8,091.38. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,730.21. The firm has a market capitalization of $30.41 billion, a PE ratio of 20.23, a price-to-earnings-growth 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 (EPS) for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. Analysts forecast that NVR, Inc. will post 500.67 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the transaction, the director now owns 391 shares in the company, valued at approximately $3,325,810.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other NVR news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the transaction, the director now owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 648 shares of company stock valued at $5,547,709. Company 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.