NVR, Inc. (NYSE:NVR) Stake Reduced by Truist Financial Corp

Truist Financial Corp reduced its stake in shares of NVR, Inc. (NYSE:NVR) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 192 shares of the construction company’s stock after selling 2 shares during the quarter. Truist Financial Corp’s holdings in NVR were worth $1,457,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC grew its stake in NVR by 100.0% during the 1st 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 last quarter. Redwood Wealth Management Group LLC bought a new position in shares of NVR in the second quarter worth $46,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of NVR in the second quarter worth $53,000. Mather Group LLC. bought a new position in shares of NVR in the first quarter worth $73,000. Finally, UMB Bank n.a. grew its stake in shares of NVR by 57.1% in the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after purchasing an additional 4 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors.

Insider Transactions at NVR

In other news, CAO Matthew B. Kelpy sold 200 shares of the company’s 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 completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. This 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 other news, Director Alfred E. Festa sold 148 shares of the company’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the completion of the sale, the director now owns 173 shares in the company, valued at $1,485,369.35. This 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. Also, CAO Matthew B. Kelpy sold 200 shares of the company’s stock in a transaction 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 approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 648 shares of company stock valued at $5,547,709. 7.00% of the stock is currently owned by corporate insiders.

NVR Trading Up 0.5 %

NYSE:NVR opened at $9,534.19 on Friday. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,912.56. The stock has a market cap of $29.87 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 2.53 and a beta of 1.19. The business has a fifty day moving average of $9,167.18 and a 200-day moving average of $8,270.43. 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 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). NVR had a return on equity of 38.51% and a net margin of 16.83%. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.48 billion. Equities analysts predict that NVR, Inc. will post 500.67 earnings per share 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.