Paragon Capital Management Inc. Sells 17 Shares of NVR, Inc. (NYSE:NVR)

Paragon Capital Management Inc. lowered its position in NVR, Inc. (NYSE:NVR) by 8.3% in the 3rd quarter, Holdings Channel reports. The firm owned 188 shares of the construction company’s stock after selling 17 shares during the quarter. NVR accounts for approximately 1.4% of Paragon Capital Management Inc.’s portfolio, making the stock its 21st biggest position. Paragon Capital Management Inc.’s holdings in NVR were worth $1,845,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of NVR by 1.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,560 shares of the construction company’s stock worth $44,791,000 after purchasing an additional 71 shares during the last quarter. Assenagon Asset Management S.A. boosted 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 valued at $19,002,000 after buying an additional 2,432 shares during the period. Sei Investments Co. grew its stake in NVR by 89.6% in the 1st quarter. Sei Investments Co. now owns 2,653 shares of the construction company’s stock worth $21,489,000 after acquiring an additional 1,254 shares in the last quarter. Swedbank AB purchased a new position in shares of NVR during the first quarter worth approximately $931,000. Finally, Jane Street Group LLC raised its stake in shares of NVR by 1,285.4% during the first quarter. Jane Street Group LLC now owns 568 shares of the construction company’s stock valued at $4,601,000 after acquiring an additional 527 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Stock Up 1.1 %

Shares of NYSE NVR opened at $9,875.58 on Thursday. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,934.54. The firm has a market capitalization of $30.94 billion, a price-to-earnings ratio of 20.58, a PEG ratio of 2.53 and a beta of 1.19. The stock has a 50 day moving average price of $9,258.33 and a 200 day moving average price of $8,306.71. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84.

NVR (NYSE:NVR) last issued its earnings results 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). The firm had revenue of $2.55 billion during 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%. Sell-side analysts expect that NVR, Inc. will post 500.67 earnings per share for the current year.

Insider Buying and Selling

In other NVR news, 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 owns 230 shares of the company’s stock, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other NVR news, Director Susan Williamson Ross sold 125 shares of the business’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 transaction, the director now directly owns 391 shares in the company, valued at approximately $3,325,810.81. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock valued at $5,547,709 over the last three months. 7.00% of the stock is owned by company insiders.

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.