NVR, Inc. (NYSE:NVR) Stock Holdings Lowered by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its holdings in shares of NVR, Inc. (NYSE:NVR) by 9.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,753 shares of the construction company’s stock after selling 3,637 shares during the period. NVR makes up approximately 0.5% of Thrivent Financial for Lutherans’ holdings, making the stock its 16th biggest position. Thrivent Financial for Lutherans owned about 1.14% of NVR worth $271,313,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in NVR. Valued Wealth Advisors LLC raised its holdings 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 period. Redwood Wealth Management Group LLC acquired a new stake in shares of NVR during the second quarter valued at approximately $46,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of NVR in the 2nd quarter valued at approximately $53,000. Mather Group LLC. acquired a new position in NVR in the 1st quarter worth approximately $73,000. Finally, UMB Bank n.a. grew 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 purchasing an additional 4 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors.

NVR Price Performance

Shares of NYSE:NVR opened at $9,473.01 on Friday. The company’s fifty day moving average is $8,798.26 and its two-hundred day moving average is $8,058.53. The company has a market cap of $29.68 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 12-month low of $5,210.49 and a 12-month high of $9,696.86. 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 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 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 analysts’ expectations of $2.48 billion. Equities analysts expect that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,505.91, 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other NVR news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 391 shares in the company, valued at $3,325,810.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 175 shares of the company’s stock in a transaction dated Friday, July 26th. The stock was 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 $1,989,500. The disclosure for this sale can be found here. Over the last three months, insiders sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is owned by company insiders.

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.