Braun Bostich & Associates Inc. Cuts Holdings in NVR, Inc. (NYSE:NVR)

Braun Bostich & Associates Inc. lessened its stake in shares of NVR, Inc. (NYSE:NVR) by 0.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 410 shares of the construction company’s stock after selling 3 shares during the period. NVR makes up approximately 2.8% of Braun Bostich & Associates Inc.’s holdings, making the stock its 8th largest holding. Braun Bostich & Associates Inc.’s holdings in NVR were worth $4,023,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Valued Wealth Advisors LLC raised its holdings in shares of NVR by 100.0% in the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after buying an additional 2 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in shares of NVR by 100.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock worth $39,000 after purchasing an additional 2 shares during the last quarter. Redwood Wealth Management Group LLC purchased a new position in NVR in the 2nd quarter worth about $46,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in NVR in the 2nd quarter valued at about $53,000. Finally, Mather Group LLC. purchased a new position in shares of NVR during the first quarter worth approximately $73,000. 83.67% of the stock is currently owned by institutional investors.

NVR Stock Up 0.4 %

Shares of NYSE:NVR opened at $9,768.29 on Wednesday. The business’s 50 day moving average is $9,226.13 and its 200 day moving average is $8,295.66. The stock has a market cap of $30.60 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 2.53 and a beta of 1.19. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,912.56. 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 (NYSE:NVR) last announced its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing the consensus estimate of $121.65 by ($0.96). NVR had a net margin of 16.83% and a return on equity of 38.51%. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. Sell-side analysts predict that NVR, Inc. will post 500.67 EPS for the current year.

Insider Activity

In related news, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction that occurred 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 transaction, the director now directly owns 391 shares of the company’s stock, valued at $3,325,810.81. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CAO Matthew B. Kelpy sold 175 shares of the 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 transaction of $1,513,750.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,989,500. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Susan Williamson Ross sold 125 shares of NVR stock in a transaction on 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 completion of the transaction, the director now directly owns 391 shares in the company, valued at $3,325,810.81. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 648 shares of company stock worth $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.