Distillate Capital Partners LLC Has $15.01 Million Stake in NVR, Inc. (NYSE:NVR)

Distillate Capital Partners LLC lifted its stake in shares of NVR, Inc. (NYSE:NVR) by 98,800.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,978 shares of the construction company’s stock after purchasing an additional 1,976 shares during the quarter. Distillate Capital Partners LLC owned 0.06% of NVR worth $15,010,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. TD Asset Management Inc increased its holdings in shares of NVR by 22.7% during the fourth quarter. TD Asset Management Inc now owns 9,831 shares of the construction company’s stock worth $68,821,000 after buying an additional 1,819 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of 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 purchasing an additional 71 shares during the last quarter. Assenagon Asset Management S.A. raised 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 during the last quarter. Sei Investments Co. grew its holdings in NVR by 89.6% during 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 increased its position in NVR by 164.8% in the 4th 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 during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NVR

In other news, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the transaction, the director now directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other NVR news, Director Alfred E. Festa sold 148 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 173 shares in the company, valued at approximately $1,485,369.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction 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 owns 230 shares of the company’s stock, valued at approximately $1,989,500. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is currently owned by insiders.

NVR Price Performance

Shares of NYSE:NVR opened at $9,707.71 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. NVR, Inc. has a 52 week low of $5,210.49 and a 52 week high of $9,730.21. The firm has a market cap 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. The firm’s fifty day moving average is $8,859.25 and its 200-day moving average is $8,091.38.

NVR (NYSE:NVR) last issued 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 company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. Sell-side 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.