Acadian Asset Management LLC Reduces Stake in NVR, Inc. (NYSE:NVR)

Acadian Asset Management LLC lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,136 shares of the construction company’s stock after selling 235 shares during the quarter. Acadian Asset Management LLC owned approximately 0.45% of NVR worth $107,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. boosted its position in shares of NVR by 0.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock worth $2,135,000 after purchasing an additional 2 shares during the period. Oppenheimer & Co. Inc. raised its position in NVR by 0.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock valued at $1,498,000 after purchasing an additional 2 shares during the period. Gulf International Bank UK Ltd boosted its stake in NVR by 0.8% during the first quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock worth $2,162,000 after buying an additional 2 shares during the period. Valued Wealth Advisors LLC boosted its position in shares of NVR by 100.0% during the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after buying an additional 2 shares during the period. Finally, Smith Group Asset Management LLC lifted its position in shares of NVR by 1.0% during the first quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock worth $1,717,000 after purchasing an additional 2 shares during the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Price Performance

Shares of NVR opened at $9,068.54 on Friday. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $9,360.00. The company has a 50 day moving average price of $8,476.79 and a 200-day moving average price of $7,951.13. The stock has a market capitalization of $28.41 billion, a PE ratio of 18.90, a PEG ratio of 2.41 and a beta of 1.18. 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 (NYSE:NVR) last announced its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 EPS 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 analysts’ expectations of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. Equities analysts predict that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

Insider Activity

In related news, 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 value of $1,513,750.00. Following the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the sale, the director now directly owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 175 shares of the company’s 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 sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock valued at $5,547,709 in the last three months. 7.00% of the stock is currently owned by corporate insiders.

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.