Bank of Montreal Can Sells 35 Shares of NVR, Inc. (NYSE:NVR)

Bank of Montreal Can lowered its position in shares of NVR, Inc. (NYSE:NVR) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,969 shares of the construction company’s stock after selling 35 shares during the quarter. Bank of Montreal Can owned 0.09% of NVR worth $22,909,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Valued Wealth Advisors LLC grew its stake in shares of 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 buying an additional 2 shares in the last quarter. Redwood Wealth Management Group LLC bought a new position in NVR in the 2nd quarter valued at about $46,000. Whittier Trust Co. of Nevada Inc. bought a new position in NVR in the 2nd quarter valued at about $53,000. Mather Group LLC. acquired a new stake in NVR during the first quarter worth approximately $73,000. Finally, UMB Bank n.a. boosted its holdings in shares of NVR by 57.1% during the second quarter. UMB Bank n.a. now owns 11 shares of the construction company’s stock worth $83,000 after acquiring an additional 4 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Price Performance

Shares of NYSE NVR opened at $9,743.13 on Friday. The firm has a market cap of $30.53 billion, a P/E ratio of 20.31, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18. The business’s 50 day moving average is $8,956.01 and its 200-day moving average is $8,140.10. The company has a current ratio of 5.84, a quick ratio of 3.32 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 1-year low of $5,210.49 and a 1-year high of $9,820.00.

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

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,955,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Matthew B. Kelpy sold 175 shares of the stock in a transaction that occurred on 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 owns 230 shares of the company’s stock, valued at $1,989,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at $1,955,000. The disclosure for this sale can be found here. Over the last three months, insiders have sold 648 shares of company stock worth $5,547,709. Corporate insiders own 7.00% of the company’s stock.

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.