Amalgamated Bank Sells 18 Shares of NVR, Inc. (NYSE:NVR)

Amalgamated Bank cut its position in NVR, Inc. (NYSE:NVR) by 2.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 630 shares of the construction company’s stock after selling 18 shares during the quarter. Amalgamated Bank’s holdings in NVR were worth $4,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of NVR. Principal Financial Group Inc. raised its position in shares of NVR by 0.4% in the first quarter. Principal Financial Group Inc. now owns 52,451 shares of the construction company’s stock worth $424,851,000 after buying an additional 191 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of NVR by 3.1% in the 4th quarter. Schroder Investment Management Group now owns 32,140 shares of the construction company’s stock valued at $224,994,000 after acquiring an additional 963 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of NVR by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock valued at $221,595,000 after acquiring an additional 906 shares during the last quarter. TD Asset Management Inc grew its holdings in shares of NVR by 143.8% during the second quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after purchasing an additional 14,167 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of NVR by 98.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock worth $141,498,000 after purchasing an additional 8,684 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other 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 transaction, the director now directly owns 173 shares in the company, valued at approximately $1,485,369.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other NVR news, Director Susan Williamson Ross sold 125 shares of the business’s 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 completion of the sale, the director now directly owns 391 shares of the company’s stock, valued at $3,325,810.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Alfred E. Festa sold 148 shares of the company’s stock in a transaction dated 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 sale, the director now owns 173 shares of the company’s stock, valued at $1,485,369.35. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock valued at $5,547,709 over the last 90 days. Insiders own 7.00% of the company’s stock.

NVR Trading Down 1.9 %

Shares of NVR opened at $9,473.01 on Friday. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $9,696.86. The company has a market capitalization of $29.68 billion, a P/E ratio of 19.74, a P/E/G ratio of 2.39 and a beta of 1.18. 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 firm’s 50 day simple moving average is $8,826.48 and its 200 day simple moving average is $8,074.48.

NVR (NYSE:NVR) last posted its quarterly earnings data 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). NVR had a net margin of 16.83% and a return on equity of 38.51%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. Sell-side analysts forecast that NVR, Inc. will post 500.67 earnings per share for the current fiscal 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.