Brown Brothers Harriman & Co. Has $17.18 Million Stock Holdings in NVR, Inc. (NYSE:NVR)

Brown Brothers Harriman & Co. decreased its holdings in shares of NVR, Inc. (NYSE:NVR) by 10.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,264 shares of the construction company’s stock after selling 262 shares during the quarter. Brown Brothers Harriman & Co. owned approximately 0.07% of NVR worth $17,180,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. boosted its position in NVR by 0.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 305 shares of the construction company’s stock valued at $2,135,000 after buying an additional 2 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of NVR by 0.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 214 shares of the construction company’s stock worth $1,498,000 after acquiring an additional 2 shares in the last quarter. Gulf International Bank UK Ltd grew its position in NVR by 0.8% during the 1st quarter. Gulf International Bank UK Ltd now owns 267 shares of the construction company’s stock worth $2,162,000 after acquiring an additional 2 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in NVR by 0.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 418 shares of the construction company’s stock valued at $3,389,000 after purchasing an additional 2 shares in the last quarter. Finally, Valued Wealth Advisors LLC raised its position in NVR by 100.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after purchasing an additional 2 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Price Performance

NVR stock opened at $9,369.58 on Monday. The business’s fifty day moving average is $8,649.64 and its two-hundred day moving average is $8,011.78. 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 firm has a market cap of $28.86 billion, a P/E ratio of 19.53, a P/E/G ratio of 2.39 and a beta of 1.18. NVR, Inc. has a 52 week low of $5,210.49 and a 52 week high of $9,423.00.

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 during the quarter, compared to the consensus estimate of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. Equities research analysts forecast that NVR, Inc. will post 500.67 earnings per share for the current fiscal year.

Insider Transactions at NVR

In related news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at $1,955,000. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Susan Williamson Ross sold 125 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now 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 available at this hyperlink. Also, CAO Matthew B. Kelpy sold 200 shares of NVR stock in a transaction dated Friday, August 9th. The stock was 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 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.