SkyOak Wealth LLC Decreases Position in NVR, Inc. (NYSE:NVR)

SkyOak Wealth LLC lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 12.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41 shares of the construction company’s stock after selling 6 shares during the period. SkyOak Wealth LLC’s holdings in NVR were worth $311,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Valued Wealth Advisors LLC increased its position in shares of NVR by 100.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after acquiring an additional 2 shares during the period. Redwood Wealth Management Group LLC acquired a new position in shares of NVR in the 2nd quarter valued at $46,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of NVR in the 2nd quarter valued at $53,000. Mather Group LLC. acquired a new position in shares of NVR in the 1st quarter valued at $73,000. Finally, UMB Bank n.a. increased its position in shares of NVR by 57.1% in the 2nd quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after acquiring an additional 4 shares during the period. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insiders Place Their Bets

In other NVR news, Director Alfred E. Festa sold 148 shares of the stock in a transaction dated 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alfred E. Festa sold 148 shares of the stock in a transaction dated 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 sale, 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. In the last three months, insiders have sold 648 shares of company stock valued at $5,547,709. Company insiders own 7.00% of the company’s stock.

NVR Price Performance

NYSE NVR opened at $9,461.98 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The stock’s fifty day moving average price is $8,729.40 and its 200 day moving average price is $8,037.22. NVR, Inc. has a 1 year low of $5,210.49 and a 1 year high of $9,607.75. The company has a market cap of $29.64 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 2.39 and a beta of 1.18.

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

NVR Company 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.