DRW Securities LLC Buys Shares of 57 NVR, Inc. (NYSE:NVR)

DRW Securities LLC purchased a new position in NVR, Inc. (NYSE:NVR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 57 shares of the construction company’s stock, valued at approximately $433,000.

A number of other institutional investors have also made changes to their positions in the stock. Principal Financial Group Inc. lifted its stake in NVR by 0.4% in the first quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock valued at $424,851,000 after buying an additional 191 shares during the period. Schroder Investment Management Group increased its stake in shares of NVR by 3.1% in the 4th quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock valued at $224,994,000 after acquiring an additional 963 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of NVR by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after acquiring an additional 906 shares during the period. TD Asset Management Inc boosted 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 acquiring an additional 14,167 shares during the last quarter. Finally, Epoch Investment Partners Inc. boosted its stake in NVR by 56.0% during the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock worth $172,109,000 after acquiring an additional 8,140 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Up 2.5 %

Shares of NYSE:NVR opened at $9,707.71 on Tuesday. The company has a 50 day moving average price of $8,859.25 and a two-hundred day moving average price of $8,091.38. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The company has a market capitalization of $30.41 billion, a PE ratio of 20.23, a PEG ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 52 week low of $5,210.49 and a 52 week high of $9,730.21.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. Analysts forecast that NVR, Inc. will post 500.67 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction dated 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 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 at the SEC website. In related 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 completion of the sale, the director now directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,989,500. The disclosure for this sale can be found here. Insiders sold 648 shares of company stock worth $5,547,709 over the last ninety days. 7.00% of the stock is currently owned by corporate 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.