NVIDIA Corporation (NVDA) Holdings Raised by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.4% in the 4th quarter, Holdings Channel reports. The fund owned 159,946 shares of the computer hardware maker’s stock after buying an additional 704 shares during the quarter. Nisa Investment Advisors LLC’s holdings in NVIDIA were worth $30,950,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of NVDA. Vanguard Group Inc. grew its stake in shares of NVIDIA by 7.1% in the second quarter. Vanguard Group Inc. now owns 40,257,187 shares of the computer hardware maker’s stock valued at $5,819,579,000 after buying an additional 2,676,976 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of NVIDIA by 19.3% in the second quarter. Renaissance Technologies LLC now owns 4,758,793 shares of the computer hardware maker’s stock valued at $687,931,000 after buying an additional 768,200 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of NVIDIA by 5,424.4% in the second quarter. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker’s stock valued at $592,244,000 after buying an additional 4,022,728 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of NVIDIA by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 4,052,628 shares of the computer hardware maker’s stock valued at $585,894,000 after buying an additional 46,686 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of NVIDIA by 2.8% in the third quarter. Legal & General Group Plc now owns 2,867,090 shares of the computer hardware maker’s stock valued at $512,549,000 after buying an additional 78,943 shares in the last quarter. 63.41% of the stock is owned by institutional investors.

A number of research analysts recently issued reports on NVDA shares. BidaskClub upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Thursday. Sanford C. Bernstein reiterated an “outperform” rating on shares of NVIDIA in a report on Saturday, September 23rd. SunTrust Banks reiterated a “buy” rating and issued a $200.00 target price (up from $181.00) on shares of NVIDIA in a report on Monday, October 2nd. Craig Hallum reiterated a “buy” rating and issued a $200.00 target price on shares of NVIDIA in a report on Saturday, September 23rd. Finally, Citigroup reiterated a “buy” rating and issued a $240.00 target price on shares of NVIDIA in a report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company. NVIDIA has a consensus rating of “Buy” and a consensus target price of $192.04.

In other news, CFO Colette Kress sold 171 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $185.57, for a total value of $31,732.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Persis Drell sold 606 shares of the business’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $197.07, for a total value of $119,424.42. Following the completion of the sale, the director now directly owns 26,104 shares of the company’s stock, valued at $5,144,315.28. The disclosure for this sale can be found here. Insiders sold a total of 19,858 shares of company stock valued at $4,227,384 over the last three months. Company insiders own 5.17% of the company’s stock.

NVIDIA Corporation (NASDAQ:NVDA) traded down $1.32 during trading on Friday, hitting $222.76. The stock had a trading volume of 8,930,000 shares, compared to its average volume of 14,280,000. NVIDIA Corporation has a fifty-two week low of $95.17 and a fifty-two week high of $226.27. The company has a debt-to-equity ratio of 0.31, a current ratio of 8.26 and a quick ratio of 7.42. The stock has a market cap of $134,990.00, a P/E ratio of 55.69, a P/E/G ratio of 5.02 and a beta of 1.18.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.39. NVIDIA had a return on equity of 42.71% and a net margin of 28.78%. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the business earned $0.94 EPS. The business’s quarterly revenue was up 31.5% on a year-over-year basis. sell-side analysts forecast that NVIDIA Corporation will post 4.19 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were issued a $0.15 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend was Wednesday, November 22nd. NVIDIA’s payout ratio is presently 15.00%.

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About NVIDIA

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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