Cambridge Investment Research Advisors Inc. increases stock holdings in NVR, Inc. (NYSE:NVR)

Cambridge Investment Research Advisors Inc. increased its stake in NVR, Inc. (NYSE:NVR – Free Report) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 314 shares of the construction company’s stock after acquiring an additional 2 shares during the quarter. Cambridge Investment Research Advisors Inc. holdings. in NVR were worth $2,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC grew its position in shares of NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after purchasing an additional 2 shares during the period. USA Financial Formulas acquired a new position in NVR in the 4th quarter valued at approximately $63,000. Mather Group LLC. purchased a new stake in NVR in the first quarter worth approximately $73,000. Quent Capital LLC boosted its stake in NVR by 30.0% in the first quarter. Quent Capital LLC now owns 13 shares of the construction company’s stock worth $105,000 after buying an additional 3 shares in the last quarter. Finally, CWM LLC boosted its stake in NVR by 40.0% in the 4th quarter. CWM LLC now owns 14 shares of the construction company’s stock worth $98,000 after buying an additional 4 shares in the the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s shares.

Stock NVR performance

NYSE NVR opened at $9,172.46 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84, and a quick ratio of 3.32. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,360.00. 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. The stock’s 50-day simple moving average is $8,331.24 and its 200-day simple moving average is $7,896.22.

NVR (NYSE:NVR – Get Your Free Report ) 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 return on equity of 38.51% and a net margin of 16.83%. As a group, equities research 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 stock repurchase program on Tuesday, May 7th that permits the company to repurchase $750.00 million in outstanding shares. This buyback authorization allows the construction company to buy up to 3.1% of its shares through open market purchases. Stock buyback programs are usually a sign that a company’s board of directors believes its stock is undervalued.

Insider activity at NVR

In other NVR news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the completion of the transaction, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now directly owns 391 shares in the company, valued at approximately $3,325,810.81. The sale was disclosed in a filing with the SEC, which is accessible via this hyperlink. Also, 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 transaction of $1,513,750.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 648 shares of company stock worth $5,547,709. Company insiders hold 7.00% of the company’s shares.

NVR Company Profile

(Free report)

NVR, Inc operates as a homebuilder in the United States. The company operates through the home construction 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 buyers; and NVHomes and Heartland Homes products for luxury and move-up buyers.

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