Toronto Dominion Bank Sells 298 Shares of NVR, Inc. (NYSE:NVR)

Toronto Dominion Bank lessened its stake in shares of NVR, Inc. (NYSE:NVR) by 16.3% during the 2nd quarter, HoldingsChannel.com reports. 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 as of its most recent SEC filing.

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

NVR Stock Up 1.9 %

Shares of NVR stock opened at $9,743.13 on Friday. NVR, Inc. has a 52-week low of $5,210.49 and a 52-week high of $9,820.00. The stock has a market cap of $30.53 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 2.55 and a beta of 1.18. The firm’s 50-day moving average is $8,956.01 and its 200-day moving average is $8,140.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84.

NVR (NYSE:NVR) last released its quarterly earnings data 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). 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. Sell-side analysts predict that NVR, Inc. will post 500.67 EPS for the current year.

Insider Buying and Selling at NVR

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