Benjamin F. Edwards & Company Inc. Purchases 24 Shares of NVR, Inc. (NYSE:NVR)

Benjamin F. Edwards & Company Inc. grew its position in NVR, Inc. (NYSE:NVR) by 32.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98 shares of the construction company’s stock after buying an additional 24 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in NVR were worth $744,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVR. Valued Wealth Advisors LLC boosted its stake in NVR by 100.0% in the first 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 in the last quarter. Redwood Wealth Management Group LLC acquired a new stake in shares of NVR in the 2nd quarter worth $46,000. Whittier Trust Co. of Nevada Inc. purchased a new position in NVR during the 2nd quarter worth $53,000. Mather Group LLC. acquired a new position in NVR during the 1st quarter valued at about $73,000. Finally, UMB Bank n.a. raised its stake in NVR by 57.1% in the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock valued at $83,000 after buying an additional 4 shares during the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of NVR 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 completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other NVR news, Director Alfred E. Festa sold 148 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the completion of the transaction, the director now directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Matthew B. Kelpy sold 175 shares of the company’s stock in a transaction 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 directly owns 230 shares in the company, valued at $1,989,500. The disclosure for this sale can be found here. Insiders have sold a total of 648 shares of company stock valued at $5,547,709 in the last ninety days. Company insiders own 7.00% of the company’s stock.

NVR Price Performance

Shares of NYSE NVR opened at $9,644.09 on Wednesday. NVR, Inc. has a fifty-two week low of $5,210.49 and a fifty-two week high of $9,764.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The company has a market cap of $30.21 billion, a PE ratio of 20.10, a P/E/G ratio of 2.39 and a beta of 1.18. The business has a 50-day simple moving average of $8,882.13 and a two-hundred day simple moving average of $8,105.38.

NVR (NYSE:NVR) last released its 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 analysts’ expectations of $2.48 billion. NVR had a return on equity of 38.51% and a net margin of 16.83%. As a group, equities analysts expect that NVR, Inc. will post 500.67 EPS for the current fiscal year.

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.