DoubleLine ETF Adviser LP Invests $668,000 in NVR, Inc. (NYSE:NVR)

DoubleLine ETF Adviser LP bought a new position in shares of NVR, Inc. (NYSE:NVR) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 88 shares of the construction company’s stock, valued at approximately $668,000.

A number of other large investors also recently modified their holdings of NVR. Wells Fargo & Company MN lifted its position in shares of NVR by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 1,886 shares of the construction company’s stock worth $13,203,000 after purchasing an additional 54 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in NVR by 48.2% in the fourth quarter. D.A. Davidson & CO. now owns 83 shares of the construction company’s stock valued at $581,000 after buying an additional 27 shares during the period. Corient Private Wealth LLC lifted its holdings in NVR by 5.4% in the fourth quarter. Corient Private Wealth LLC now owns 156 shares of the construction company’s stock valued at $1,092,000 after buying an additional 8 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in NVR by 0.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock valued at $2,135,000 after buying an additional 2 shares during the period. Finally, Intech Investment Management LLC acquired a new position in NVR in the fourth quarter valued at approximately $322,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the company’s 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 value 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 $1,989,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the company’s 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 value 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 $1,989,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the company’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 of the company’s stock, valued at approximately $1,955,000. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock worth $5,547,709 over the last ninety days. Company insiders own 7.00% of the company’s stock.

NVR Trading Up 0.6 %

Shares of NYSE NVR opened at $9,575.12 on Friday. The company’s 50 day simple moving average is $8,929.72 and its 200 day simple moving average is $8,125.39. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $9,764.16. The firm has a market capitalization of $30.00 billion, a P/E ratio of 19.96, a P/E/G ratio of 2.55 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.

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

NVR Company 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.