Mraz Amerine & Associates Inc. Has $3.45 Million Stock Position in NVR, Inc. (NYSE:NVR)

Mraz Amerine & Associates Inc. reduced its position in NVR, Inc. (NYSE:NVR) by 1.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 455 shares of the construction company’s stock after selling 5 shares during the quarter. NVR makes up about 0.7% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 23rd largest holding. Mraz Amerine & Associates Inc.’s holdings in NVR were worth $3,453,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets grew its position in NVR by 38.2% during the 4th quarter. BNP Paribas Financial Markets now owns 3,381 shares of the construction company’s stock worth $23,669,000 after purchasing an additional 934 shares in the last quarter. TD Asset Management Inc grew 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 valued at $68,821,000 after buying an additional 1,819 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position 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 valued at $44,791,000 after buying an additional 71 shares during the period. Assenagon Asset Management S.A. lifted its stake 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 worth $19,002,000 after acquiring an additional 2,432 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in NVR by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,877 shares of the construction company’s stock worth $209,150,000 after acquiring an additional 781 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Up 1.4 %

NYSE:NVR traded up $125.46 on Monday, hitting $9,172.46. 18,400 shares of the company’s stock traded hands, compared to its average volume of 19,440. The company has a market cap of $28.25 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 2.41 and a beta of 1.17. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,360.00. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $8,331.24 and a 200-day moving average price of $7,896.22.

NVR (NYSE:NVR) last announced 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 company had revenue of $2.55 billion for 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%. Equities analysts anticipate that NVR, Inc. will post 500.67 EPS for the current fiscal year.

NVR announced that its Board of Directors has initiated a share buyback program on Tuesday, May 7th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the construction company to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity

In related news, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction 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 in the company, valued at $1,955,000. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CAO Matthew B. Kelpy sold 200 shares of the business’s 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 value of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,955,000. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Matthew B. Kelpy sold 175 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following 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 have sold a total of 648 shares of company stock worth $5,547,709 in the last ninety days. Corporate insiders own 7.00% of the company’s stock.

About NVR

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.