NVIDIA Corporation (NVDA) Holdings Trimmed by WESPAC Advisors SoCal LLC

Lucy Hill
November 11, 2017

Nvidia's gaming revenue increased 25.5 per cent to US$1.56 billion, accounting for almost 60 per cent of total revenue. According to their observations and findings, the stock could provide a high EPS of $1/share and a low EPS of $0.91/share. Nvidia Corporation had 158 analyst reports since August 3, 2015 according to SRatingsIntel.

A number of other hedge funds and other institutional investors have also modified their holdings of NVDA. Investors of record on Friday, November 24th will be paid a dividend of $0.15 per share. Brown-Forman Corporation (NYSE:BF.B) has risen 11.07% since November 10, 2016 and is uptrending.

Essex Financial Services Inc decreased Colgate Palmolive Co (NYSE:CL) stake by 11,162 shares to 10,353 valued at $767,000 in 2017Q2. Finally, Marshall Wace North America L.P. purchased a new stake in shares of RPX Corporation during the first quarter worth about $370,000. Over the last three months, insiders have sold 452,784 shares of company stock valued at $81,437,724.

Institutional owners hold 67.90% stake while Insiders ownership held at 0.50% in the company. The Bbr Partners Llc holds 169,896 shares with $8.26M value, down from 755,286 last quarter. Finally, Hanson McClain Inc. lifted its holdings in shares of NVIDIA Corporation by 12.7% during the second quarter. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corporation owns 18,600 shares or 0% of their U.S. portfolio. Rosenblatt Securities lifted their target price on NVIDIA Corporation from $180.00 to $250.00 and gave the stock a "buy" rating in a report on Friday. The stock has "Buy" rating by Loop Capital Markets on Friday, August 11. NVIDIA Corporation (NASDAQ:NVDA) has a 20-Day average volume of 12.55 Million. Based on 28 analysts polled by TipRanks in the last 3 months, 16 rate a Buy on Nvidia stock, 10 maintain a Hold, while 2 issue a Sell on the stock. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of US and global copyright & trademark law. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Mkt Perform" rating given on Friday, August 7 by FBR Capital. The stock was sold at an average price of $185.31, for a total value of $4,226,550.48. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned "Neutral" rating by TH Capital on Monday, October 12. Shares for $434,980 were sold by SEAWELL A BROOKE. The disclosure for this sale can be found here. Ahl Ptnrs Limited Liability Partnership holds 0.02% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 5,868 shares. The shares were sold at an average price of $66.58, for a total transaction of $157,195.38. The company has a current ratio of 7.82, a quick ratio of 6.99 and a debt-to-equity ratio of 0.33. Twin Tree Management Lp bought 1.11M shares as the company's stock rose 26.83% with the market. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since November 10, 2016 and is uptrending.

The graphic processing unit maker said in the third quarter, net income came in at US$838mln or US$1.33 a share, compared with US$542mln or 83 USA cents a share, a year ago.

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The company reported earnings of $1.33 per share on revenue of $2.64 billion, easily beating the $1.07 and $2.36 billion that Wall Street was anticipating. NVIDIA Corporation had a net margin of 27.41% and a return on equity of 39.59%.

Datacenter revenue came to $501 million for the quarter, up from $240 million a year prior.

Nvidia is now guiding fourth quarter revenues at US$2.65bn, plus or minus 2 percentage points, or US$2.6bn - US$2.7bn. The firm has "Outperform" rating given on Friday, July 31 by Oppenheimer. The ex-dividend date is Friday, November 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. This is an increase from NVIDIA Corporation's previous quarterly dividend of $0.14. NVIDIA Corporation's dividend payout ratio (DPR) is presently 16.05%.

NVIDIA's invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. The Firm helps companies reduce patent litigation risk and corporate legal expense through two primary service offerings: patent risk management services and discovery services.

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