Toronto Dominion Bank Has $11.58 Million Holdings in NVR, Inc. (NYSE:NVR)

Toronto Dominion Bank cut its holdings in shares of NVR, Inc. (NYSE:NVRFree Report) by 16.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,526 shares of the construction company’s stock after selling 298 shares during the period. Toronto Dominion Bank’s holdings in NVR were worth $11,580,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TD Asset Management Inc grew its holdings in NVR by 143.8% during the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after acquiring an additional 14,167 shares during the last quarter. Acadian Asset Management LLC raised its position in NVR by 321.1% in the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock worth $116,389,000 after purchasing an additional 10,958 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in NVR by 98.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock valued at $141,498,000 after buying an additional 8,684 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in shares of NVR by 56.0% in the 2nd quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock valued at $172,109,000 after buying an additional 8,140 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of NVR by 108.3% during the first quarter. Russell Investments Group Ltd. now owns 12,147 shares of the construction company’s stock worth $98,215,000 after acquiring an additional 6,315 shares during the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Trading Up 1.9 %

Shares of NVR opened at $9,743.13 on Friday. The stock’s fifty day simple moving average is $8,956.01 and its 200-day simple moving average is $8,140.10. The company has a quick ratio of 3.32, a current ratio of 5.84 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $30.53 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $9,820.00.

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

Insiders Place Their Bets

In other news, CAO Matthew B. Kelpy sold 200 shares of the 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 of the company’s stock, valued at approximately $1,955,000. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the transaction, the chief accounting officer now owns 230 shares in the company, valued at $1,989,500. The disclosure for this sale can be found here. In the last 90 days, insiders sold 648 shares of company stock valued at $5,547,709. Company insiders own 7.00% of the company’s stock.

About NVR

(Free Report)

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.

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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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