Edgestream Partners L.P. Has $6.43 Million Position in NVR, Inc. (NYSE:NVR)

Edgestream Partners L.P. grew its holdings in NVR, Inc. (NYSE:NVR) by 41.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 847 shares of the construction company’s stock after buying an additional 249 shares during the quarter. Edgestream Partners L.P.’s holdings in NVR were worth $6,428,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Principal Securities Inc. bought a new stake in shares of NVR during the fourth quarter valued at approximately $161,000. Jump Financial LLC bought a new position in NVR in the 4th quarter valued at $371,000. Janney Montgomery Scott LLC raised its position in shares of NVR by 5.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 917 shares of the construction company’s stock worth $6,419,000 after acquiring an additional 44 shares during the last quarter. Beacon Pointe Advisors LLC lifted its stake in shares of NVR by 389.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 230 shares of the construction company’s stock valued at $1,610,000 after acquiring an additional 183 shares during the period. Finally, Independent Advisor Alliance lifted its stake in shares of NVR by 4.7% during the fourth quarter. Independent Advisor Alliance now owns 134 shares of the construction company’s stock valued at $938,000 after acquiring an additional 6 shares during the period. 83.67% of the stock is owned by institutional investors.

NVR Price Performance

Shares of NVR stock opened at $9,440.21 on Tuesday. 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, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,488.44. The firm has a market cap of $29.58 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 2.39 and a beta of 1.18. The stock has a 50-day moving average price of $8,689.37 and a 200 day moving average price of $8,024.56.

NVR (NYSE:NVR) last posted its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). NVR had a return on equity of 38.51% and a net margin of 16.83%. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.48 billion. Research analysts expect that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling

In other NVR news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now directly owns 391 shares in the company, valued at $3,325,810.81. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $1,955,000. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 sold a total of 648 shares of company stock valued at $5,547,709 over the last three months. 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.