Sentry Investment Management LLC Sells 3 Shares of NVR, Inc. (NYSE:NVR)

Sentry Investment Management LLC lowered its stake in shares of NVR, Inc. (NYSE:NVR) by 17.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14 shares of the construction company’s stock after selling 3 shares during the quarter. Sentry Investment Management LLC’s holdings in NVR were worth $106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. TD Asset Management Inc increased its position in 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 acquiring an additional 1,819 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in NVR by 1.3% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock valued at $44,791,000 after purchasing an additional 71 shares during the last quarter. Assenagon Asset Management S.A. raised its position 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 purchasing an additional 2,432 shares during the period. Sei Investments Co. lifted its stake in NVR by 89.6% in the first quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after purchasing an additional 1,254 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of NVR by 164.8% during the fourth quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock valued at $28,821,000 after buying an additional 2,562 shares during the period. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Trading Up 1.0 %

NVR opened at $9,179.38 on Friday. 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 stock’s 50 day moving average price is $8,610.68 and its 200-day moving average price is $7,993.17. NVR, Inc. has a one year low of $5,210.49 and a one year high of $9,360.00. The stock has a market cap of $28.76 billion, a price-to-earnings ratio of 19.13, a P/E/G ratio of 2.38 and a beta of 1.18.

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). 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 the consensus estimate of $2.48 billion. On average, equities analysts forecast that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the completion of the sale, the director now directly owns 391 shares of the company’s stock, valued at $3,325,810.81. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction dated 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 transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock valued at $5,547,709 in the last 90 days. Company 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.