Summit Trail Advisors LLC Acquires Shares of 27 NVR, Inc. (NYSE:NVR)

Summit Trail Advisors LLC acquired a new stake in shares of NVR, Inc. (NYSE:NVR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27 shares of the construction company’s stock, valued at approximately $205,000.

Several other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in NVR by 0.4% during the first quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock valued at $424,851,000 after purchasing an additional 191 shares in the last quarter. Schroder Investment Management Group raised 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 raised 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 raised its position in NVR by 143.8% during 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 in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in NVR by 98.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock valued at $141,498,000 after purchasing an additional 8,684 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Stock Down 0.7 %

Shares of NVR opened at $9,644.09 on Wednesday. NVR, Inc. has a one year low of $5,210.49 and a one year high of $9,764.16. The company has a market cap of $30.21 billion, a P/E ratio of 20.10, 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 current ratio of 5.84 and a quick ratio of 3.32. The firm has a 50 day simple moving average of $8,882.13 and a two-hundred day simple moving average of $8,105.38.

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

Insider Transactions at NVR

In other news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Friday, July 26th. The shares were 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 directly owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the sale, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction on 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 completion of the sale, the director now directly owns 173 shares in the company, valued at approximately $1,485,369.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 648 shares of company stock worth $5,547,709. Corporate 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.