AQR Capital Management LLC Has $100.39 Million Stake in NVR, Inc. (NYSE:NVR)

AQR Capital Management LLC reduced its stake in shares of NVR, Inc. (NYSE:NVR) by 4.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,229 shares of the construction company’s stock after selling 640 shares during the quarter. AQR Capital Management LLC owned about 0.42% of NVR worth $100,389,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Valued Wealth Advisors LLC boosted its stake in NVR by 100.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after acquiring an additional 2 shares during the last quarter. Redwood Wealth Management Group LLC bought a new position in shares of NVR during the second quarter worth $46,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of NVR during the second quarter worth $53,000. Mather Group LLC. acquired a new position in shares of NVR in the 1st quarter valued at $73,000. Finally, UMB Bank n.a. increased its position in shares of NVR by 57.1% in the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after buying an additional 4 shares in the last quarter. 83.67% of the stock is owned by institutional investors.

NVR Stock Performance

Shares of NVR stock opened at $9,575.12 on Friday. NVR, Inc. has a 12 month low of $5,210.49 and a 12 month high of $9,764.16. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $30.00 billion, a PE ratio of 19.96, a PEG ratio of 2.55 and a beta of 1.18. The stock’s fifty day simple moving average is $8,929.72 and its 200 day simple moving average is $8,125.39.

NVR (NYSE:NVR) last released 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 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 analyst estimates of $2.48 billion. On average, research analysts predict that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling at NVR

In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on 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 sale, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction dated 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 directly owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alfred E. Festa sold 148 shares of the stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the transaction, the director now owns 173 shares of the company’s stock, valued at $1,485,369.35. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is currently owned by corporate 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.