MQS Management LLC Invests $250,000 in NVR, Inc. (NYSE:NVR)

MQS Management LLC purchased a new position in shares of NVR, Inc. (NYSE:NVR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33 shares of the construction company’s stock, valued at approximately $250,000.

Several other large investors also recently bought and sold shares of the business. TD Asset Management Inc grew its position 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 valued at $68,821,000 after purchasing an additional 1,819 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in NVR by 1.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after buying an additional 71 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in 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 buying an additional 2,432 shares in the last quarter. Sei Investments Co. increased its stake 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 worth $21,489,000 after acquiring an additional 1,254 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of NVR by 164.8% during the 4th quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock worth $28,821,000 after acquiring an additional 2,562 shares during the period. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Buying and Selling

In other news, CAO Matthew B. Kelpy sold 175 shares of the 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 in the company, valued at approximately $1,989,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction dated 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 transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew B. Kelpy sold 200 shares of the business’s 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 disclosure for this sale can be found here. Over the last three months, insiders sold 648 shares of company stock worth $5,547,709. Company insiders own 7.00% of the company’s stock.

NVR Trading Down 1.9 %

Shares of NVR stock opened at $9,473.01 on Friday. NVR, Inc. has a twelve month low of $5,210.49 and a twelve month high of $9,696.86. The stock has a market cap 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’s 50-day moving average price is $8,798.26 and its 200-day moving average price is $8,058.53. 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 posted its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing the consensus estimate of $121.65 by ($0.96). The firm had revenue of $2.55 billion during 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, equities analysts predict that NVR, Inc. will post 500.67 earnings per share for the current year.

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.