Trimtabs Asset Management adds NVR (NVR) to its portfolio

NVR (NVR) : Trimtabs Asset Management added new position in NVR during the most recent quarter end. The investment management firm now holds 931 shares of NVR which is valued at $1,565,895 , the company said in a statement filed on Aug 1, 2016 with the SEC.NVR makes up approximately 0.97% of Trimtabs Asset Management’s portfolio.

Other Hedge Funds, Including , Todd Asset Management reduced its stake in NVR by selling 2,296 shares or 7.38% in the most recent quarter. The Hedge Fund company now holds 28,804 shares of NVR which is valued at $48,446,888. NVR makes up approx 1.49% of Todd Asset Management’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in NVR by selling 70 shares or 7.48% in the most recent quarter. The Hedge Fund company now holds 866 shares of NVR which is valued at $1,476,530. NVR makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio. Capital Fund Management S.a. added NVR to its portfolio by purchasing 274 company shares during the most recent quarter which is valued at $465,800. NVR makes up approx 0.01% of Capital Fund Management S.a.’s portfolio.Oakbrook Investments boosted its stake in NVR in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 355 shares of NVR which is valued at $614,150. NVR makes up approx 0.03% of Oakbrook Investments’s portfolio.Washington Trust Bank reduced its stake in NVR by selling 42 shares or 30.88% in the most recent quarter. The Hedge Fund company now holds 94 shares of NVR which is valued at $172,020. NVR makes up approx 0.04% of Washington Trust Bank’s portfolio.

NVR opened for trading at $1677.1 and hit $1695.95 on the upside on Thursday, eventually ending the session at $1688.32, with a gain of 0.38% or 6.37 points. The heightened volatility saw the trading volume jump to 20,506 shares. Company has a market cap of $6,578 M.

On the company’s financial health, NVR reported $22.01 EPS for the quarter, missing the analyst consensus estimate by $ -4.18 based on the information available during the earnings call on Jul 21, 2016. Analyst had a consensus of $26.19. The company had revenue of $1388.00 million for the quarter, compared to analysts expectations of $1389.67 million. The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $21.91 EPS.

NVR Inc. is engaged in the construction and sale of single-family detached homes townhomes and condominium buildings. The Company also operates a mortgage banking and title services business through its wholly owned subsidiary NVR Mortgage Finance Inc. (NVRM). The Company provides single-family detached homes townhomes and condominium buildings with basic home designs. The Company’s home building activities combine traditional transitional cottage or urban exterior designs with contemporary interior designs and amenities which include two to four bedrooms and range from approximately 800 to 7300 square feet. The Company provides mortgage related services to home building customers through mortgage banking operations. The mortgage banking operations include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings for which they receive commissions and fees.

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