Skandinaviska Enskilda Banken AB publ Cuts Holdings in NVR, Inc. (NYSE:NVR)

Skandinaviska Enskilda Banken AB publ decreased its stake in shares of NVR, Inc. (NYSE:NVR) by 12.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,757 shares of the construction company’s stock after selling 805 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned approximately 0.18% of NVR worth $43,687,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in NVR. Principal Financial Group Inc. grew its stake in NVR by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock worth $424,851,000 after buying an additional 191 shares during the last quarter. Schroder Investment Management Group grew its stake in NVR by 3.1% during the 4th quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock worth $224,994,000 after buying an additional 963 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in NVR by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock worth $221,595,000 after buying an additional 906 shares during the last quarter. TD Asset Management Inc grew its stake in NVR by 143.8% during the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after buying an additional 14,167 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in NVR by 98.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock worth $141,498,000 after buying an additional 8,684 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Trading Up 2.3 %

NYSE:NVR opened at $9,681.34 on Friday. The stock’s 50 day moving average price is $8,766.03 and its 200 day moving average price is $8,047.18. The company has a market capitalization of $30.33 billion, a PE ratio of 20.18, a P/E/G ratio of 2.39 and a beta of 1.18. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,696.86.

NVR (NYSE:NVR) last posted its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing analysts’ consensus estimates 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. On average, research analysts anticipate that NVR, Inc. will post 500.67 EPS for the current year.

Insiders Place Their Bets

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Susan Williamson Ross sold 125 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 391 shares of the company’s stock, valued at $3,325,810.81. The disclosure for this sale can be found here. In the last ninety days, insiders sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is owned by company insiders.

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.