American Century Companies Inc. Boosts Stock Holdings in NVR, Inc. (NYSE:NVR)

American Century Companies Inc. boosted its stake in NVR, Inc. (NYSE:NVR) by 7.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,339 shares of the construction company’s stock after buying an additional 220 shares during the quarter. American Century Companies Inc.’s holdings in NVR were worth $25,338,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. lifted 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 buying an additional 2 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of NVR by 0.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock worth $1,498,000 after acquiring an additional 2 shares in the last quarter. Gulf International Bank UK Ltd grew its holdings in shares of NVR by 0.8% in the first quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock valued at $2,162,000 after purchasing an additional 2 shares in the last quarter. Valued Wealth Advisors LLC increased its position in NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after purchasing an additional 2 shares during the last quarter. Finally, Smith Group Asset Management LLC raised its stake in NVR by 1.0% during the first quarter. Smith Group Asset Management LLC now owns 212 shares of the construction company’s stock valued at $1,717,000 after purchasing an additional 2 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Insider Activity

In other 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 transaction of $1,700,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,955,000. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director Alfred E. Festa sold 148 shares of the 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 sale, the director now owns 173 shares of the company’s stock, valued at $1,485,369.35. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction dated 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 transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,955,000. The disclosure for this sale can be found here. Insiders sold 648 shares of company stock valued at $5,547,709 in the last ninety days. Insiders own 7.00% of the company’s stock.

NVR Price Performance

NVR stock opened at $9,461.98 on Thursday. NVR, Inc. has a 52 week low of $5,210.49 and a 52 week high of $9,607.75. The firm has a market capitalization of $29.64 billion, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 2.39 and a beta of 1.18. The company has a fifty day simple moving average of $8,729.40 and a two-hundred day simple moving average of $8,037.22. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22.

NVR (NYSE:NVR) last announced its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 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 business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.48 billion. Analysts anticipate that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

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.