187 Shares in NVR, Inc. (NYSE:NVR) Purchased by Caprock Group LLC

Caprock Group LLC acquired a new stake in NVR, Inc. (NYSE:NVR) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 187 shares of the construction company’s stock, valued at approximately $1,419,000.

Several other hedge funds have also recently added to or reduced their stakes in NVR. Norges Bank purchased a new stake in shares of NVR in the fourth quarter valued at about $246,031,000. TD Asset Management Inc lifted its stake in NVR by 143.8% in the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock valued at $182,277,000 after buying an additional 14,167 shares in the last quarter. Acadian Asset Management LLC grew its holdings in NVR by 321.1% during the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock valued at $116,389,000 after buying an additional 10,958 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in NVR by 98.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock worth $141,498,000 after buying an additional 8,684 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of NVR by 108.3% in the first quarter. Russell Investments Group Ltd. now owns 12,147 shares of the construction company’s stock worth $98,215,000 after acquiring an additional 6,315 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVR

In other NVR news, 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 value of $1,513,750.00. Following the completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Matthew B. Kelpy sold 175 shares of the firm’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 owns 230 shares in the company, valued at $1,989,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alfred E. Festa sold 148 shares of NVR stock in a transaction on Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total value 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 648 shares of company stock valued at $5,547,709. Company insiders own 7.00% of the company’s stock.

NVR Stock Up 0.8 %

Shares of NYSE:NVR opened at $9,143.01 on Tuesday. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $28.16 billion, a P/E ratio of 19.06, a P/E/G ratio of 2.38 and a beta of 1.18. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,360.00. The stock’s fifty day simple moving average is $8,510.13 and its 200-day simple moving average is $7,966.36.

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