Vision Capital Management Inc. Sells 12 Shares of NVR, Inc. (NYSE:NVR)

Vision Capital Management Inc. lessened its stake in shares of NVR, Inc. (NYSE:NVR) by 2.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 441 shares of the construction company’s stock after selling 12 shares during the quarter. Vision Capital Management Inc.’s holdings in NVR were worth $3,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of NVR. Valued Wealth Advisors LLC lifted its position in NVR by 100.0% during the first 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. Whittier Trust Co. of Nevada Inc. acquired a new stake in NVR during the 2nd quarter worth approximately $53,000. USA Financial Formulas bought a new stake in NVR in the 4th quarter valued at $63,000. Mather Group LLC. acquired a new position in NVR in the 1st quarter valued at $73,000. Finally, UMB Bank n.a. increased its position in NVR by 57.1% during the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after buying an additional 4 shares during the period. Institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

In other NVR news, Director Alfred E. Festa sold 148 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the transaction, the director now owns 173 shares in the company, valued at approximately $1,485,369.35. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CAO Matthew B. Kelpy sold 175 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,989,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Alfred E. Festa sold 148 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the sale, the director now directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 648 shares of company stock worth $5,547,709. Company insiders own 7.00% of the company’s stock.

NVR Trading Up 0.8 %

Shares of NVR stock opened at $9,143.01 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The firm has a 50-day moving average of $8,510.13 and a 200-day moving average of $7,966.36. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,360.00. The stock has a market cap of $28.16 billion, a PE ratio of 19.06, a PEG ratio of 2.38 and a beta of 1.18.

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

NVR Profile

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.