Janus Henderson Group PLC trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 20.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,267,023 shares of the computer hardware maker’s stock after selling 829,865 shares during the period. Janus Henderson Group PLC owned about 0.54% of NVIDIA worth $584,033,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Thompson Davis & CO. Inc. lifted its position in shares of NVIDIA by 0.7% in the second quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock worth $119,000 after buying an additional 6 shares in the last quarter. Family Firm Inc. lifted its position in shares of NVIDIA by 0.7% in the second quarter. Family Firm Inc. now owns 1,968 shares of the computer hardware maker’s stock worth $284,000 after buying an additional 13 shares in the last quarter. Carnegie Capital Asset Management LLC lifted its position in shares of NVIDIA by 0.4% in the second quarter. Carnegie Capital Asset Management LLC now owns 7,371 shares of the computer hardware maker’s stock worth $1,212,000 after buying an additional 30 shares in the last quarter. Pinebridge Investments L.P. lifted its position in shares of NVIDIA by 1.8% in the second quarter. Pinebridge Investments L.P. now owns 1,872 shares of the computer hardware maker’s stock worth $271,000 after buying an additional 33 shares in the last quarter. Finally, BRYN MAWR TRUST Co lifted its position in shares of NVIDIA by 1.0% in the second quarter. BRYN MAWR TRUST Co now owns 5,050 shares of the computer hardware maker’s stock worth $731,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 63.51% of the company’s stock.

Shares of NVIDIA Corporation (NVDA) opened at $191.49 on Friday. NVIDIA Corporation has a 12-month low of $87.54 and a 12-month high of $218.67. The company has a debt-to-equity ratio of 0.31, a quick ratio of 7.42 and a current ratio of 8.26. The company has a market capitalization of $114,691.55, a PE ratio of 46.62, a PEG ratio of 4.41 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 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period last year, the firm earned $0.94 EPS. The company’s quarterly revenue was up 31.5% on a year-over-year basis. analysts predict that NVIDIA Corporation will post 4.19 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.31%. This is a boost from NVIDIA’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, November 22nd. NVIDIA’s payout ratio is presently 14.89%.

In related news, Director Tench Coxe sold 50,000 shares of NVIDIA stock in a transaction dated 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 hyperlink. Also, Director Harvey C. Jones sold 100,000 shares of NVIDIA stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $185.65, for a total value of $18,565,000.00. Following the completion of the sale, the director now owns 30,762 shares in the company, valued at $5,710,965.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 315,175 shares of company stock worth $59,428,079. 5.82% of the stock is currently owned by insiders.

A number of equities research analysts have issued reports on the company. SunTrust Banks upped their price objective on NVIDIA to $253.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Needham & Company LLC restated a “buy” rating and set a $250.00 price objective on shares of NVIDIA in a research report on Friday, November 10th. Bank of America upped their price objective on NVIDIA from $210.00 to $251.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Barclays upped their price objective on NVIDIA from $200.00 to $225.00 and gave the company an “equal weight” rating in a research report on Friday, November 10th. Finally, Raymond James Financial upped their price objective on NVIDIA and gave the company an “outperform” rating in a research report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $187.38.

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NVIDIA 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 (NASDAQ:NVDA)

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