Alpha Omega Wealth Management LLC Makes New Investment in NVR, Inc. (NYSE:NVR)

Alpha Omega Wealth Management LLC bought a new position in shares of NVR, Inc. (NYSE:NVR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24 shares of the construction company’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Valued Wealth Advisors LLC boosted its position in shares of NVR by 100.0% during the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock worth $32,000 after acquiring an additional 2 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in shares of NVR by 100.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock worth $39,000 after acquiring an additional 2 shares during the last quarter. Redwood Wealth Management Group LLC bought a new position in shares of NVR during the second quarter worth $46,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of NVR during the second quarter worth $53,000. Finally, Mather Group LLC. bought a new position in shares of NVR during the first quarter worth $73,000. Institutional investors own 83.67% of the company’s stock.

Insider Activity at NVR

In related news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction 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 sale, the director now owns 391 shares of the company’s stock, valued at $3,325,810.81. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Susan Williamson Ross sold 125 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total value of $1,063,238.75. Following the sale, the director now owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. This represents a 0.00 % decrease in their position. 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 over the last 90 days. 7.00% of the stock is owned by corporate insiders.

NVR Price Performance

Shares of NYSE:NVR traded down $121.06 during midday trading on Friday, reaching $9,515.00. 18,927 shares of the company were exchanged, compared to its average volume of 19,571. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. The business’s fifty day moving average is $9,055.37 and its two-hundred day moving average is $8,199.01. NVR, Inc. has a one year low of $5,210.49 and a one year high of $9,912.56. The stock has a market cap of $29.81 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 2.55 and a beta of 1.19.

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 analysts’ consensus estimates of $121.65 by ($0.96). The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. As a group, analysts predict that NVR, Inc. will post 500.67 earnings per share for the current 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.