R. G. Niederhoffer Capital Management Inc. decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 33.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,200 shares of the computer hardware maker’s stock after selling 600 shares during the quarter. NVIDIA Corporation makes up approximately 1.4% of R. G. Niederhoffer Capital Management Inc.’s portfolio, making the stock its 28th largest position. R. G. Niederhoffer Capital Management Inc.’s holdings in NVIDIA Corporation were worth $214,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of NVIDIA Corporation by 7.1% in the 2nd quarter. Vanguard Group Inc. now owns 40,257,187 shares of the computer hardware maker’s stock worth $5,819,579,000 after buying an additional 2,676,976 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of NVIDIA Corporation by 8.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,720,631 shares of the computer hardware maker’s stock worth $827,110,000 after buying an additional 463,306 shares during the last quarter. Janus Capital Management LLC boosted its holdings in shares of NVIDIA Corporation by 20.0% in the 1st quarter. Janus Capital Management LLC now owns 5,368,881 shares of the computer hardware maker’s stock worth $584,832,000 after buying an additional 895,591 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of NVIDIA Corporation by 19.3% in the 2nd quarter. Renaissance Technologies LLC now owns 4,758,793 shares of the computer hardware maker’s stock worth $687,931,000 after buying an additional 768,200 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of NVIDIA Corporation by 5,424.4% in the 2nd quarter. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker’s stock worth $592,244,000 after buying an additional 4,022,728 shares during the last quarter. Hedge funds and other institutional investors own 65.59% of the company’s stock.

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Several research firms have commented on NVDA. SunTrust Banks, Inc. upped their price objective on shares of NVIDIA Corporation to $253.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price objective on shares of NVIDIA Corporation in a report on Friday. Barclays PLC upped their price objective on shares of NVIDIA Corporation from $200.00 to $225.00 and gave the company an “equal weight” rating in a report on Friday. Raymond James Financial, Inc. upped their price objective on shares of NVIDIA Corporation and gave the company an “outperform” rating in a report on Friday. Finally, MKM Partners upped their price objective on shares of NVIDIA Corporation and gave the company a “neutral” rating in a report on Friday. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. NVIDIA Corporation currently has a consensus rating of “Hold” and a consensus price target of $183.27.

NVIDIA Corporation (NASDAQ:NVDA) traded up $10.82 during mid-day trading on Friday, hitting $216.14. The stock had a trading volume of 31,331,300 shares, compared to its average volume of 12,832,994. NVIDIA Corporation has a 12-month low of $78.50 and a 12-month high of $218.67. The company has a current ratio of 7.82, a quick ratio of 6.99 and a debt-to-equity ratio of 0.33. The stock has a market cap of $129,684.00, a PE ratio of 53.24, a P/E/G ratio of 5.34 and a beta of 1.23.

NVIDIA Corporation (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.39. NVIDIA Corporation had a return on equity of 43.42% and a net margin of 28.78%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the firm earned $0.94 EPS. The business’s quarterly revenue was up 31.5% on a year-over-year basis. equities analysts forecast that NVIDIA Corporation will post 3.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.15 per share. This is a boost from NVIDIA Corporation’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend is Wednesday, November 22nd. NVIDIA Corporation’s payout ratio is presently 13.90%.

In related news, Director Tench Coxe sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $189.62, for a total value of $9,481,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Debora Shoquist sold 33,498 shares of the business’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $189.24, for a total value of $6,339,161.52. The disclosure for this sale can be found here. Over the last three months, insiders sold 452,784 shares of company stock worth $81,437,724. 5.82% of the stock is owned by insiders.

NVIDIA Corporation Profile

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.

Institutional Ownership by Quarter for NVIDIA Corporation (NASDAQ:NVDA)

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