NVR (NYSE:NVR) Sets New 52-Week High at $9,423.00

NVR, Inc. (NYSE:NVR) shares hit a new 52-week high during trading on Friday . The stock traded as high as $9,423.00 and last traded at $9,395.23, with a volume of 5216 shares traded. The stock had previously closed at $9,179.38.

NVR Trading Up 2.1 %

The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The company has a market capitalization of $28.86 billion, a price-to-earnings ratio of 19.53, a P/E/G ratio of 2.39 and a beta of 1.18. The business’s 50-day moving average price is $8,649.64 and its two-hundred day moving average price is $8,008.91.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 earnings per share 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 company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.48 billion. Research analysts predict that NVR, Inc. will post 500.67 earnings per share for the current year.

Insiders Place Their Bets

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 completion of 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 Securities & Exchange Commission, which is available through this link. In other news, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction on Friday, August 9th. The stock was 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 owns 230 shares in the company, valued at approximately $1,955,000. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the sale, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock worth $5,547,709 over the last ninety days. Corporate insiders own 7.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NVR. Principal Financial Group Inc. grew its holdings in shares of NVR by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock valued at $424,851,000 after purchasing an additional 191 shares during the last quarter. Norges Bank bought a new stake in shares of NVR during the fourth quarter worth $246,031,000. Marshfield Associates increased its holdings in shares of NVR by 0.3% during the second quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock worth $248,290,000 after buying an additional 96 shares in the last quarter. Schroder Investment Management Group increased its holdings in shares of NVR by 3.1% during the fourth quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock worth $224,994,000 after buying an additional 963 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of NVR by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after acquiring an additional 906 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

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.