UMA Financial Services Inc. bought a new position in NVIDIA Co. (NASDAQ:NVDA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 925 shares of the computer hardware maker’s stock, valued at approximately $233,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDA. Nuveen Asset Management LLC increased its holdings in NVIDIA by 2,475.9% in the 2nd quarter. Nuveen Asset Management LLC now owns 3,002,209 shares of the computer hardware maker’s stock worth $493,052,000 after purchasing an additional 2,885,660 shares in the last quarter. Johanson Financial Advisors Inc. increased its holdings in NVIDIA by 21,911.1% in the 4th quarter. Johanson Financial Advisors Inc. now owns 641,184 shares of the computer hardware maker’s stock worth $2,721,000 after purchasing an additional 638,271 shares in the last quarter. Manning & Napier Group LLC increased its holdings in NVIDIA by 1,438.4% in the 4th quarter. Manning & Napier Group LLC now owns 611,145 shares of the computer hardware maker’s stock worth $143,801,000 after purchasing an additional 571,420 shares in the last quarter. Vanguard Group Inc. increased its holdings in NVIDIA by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 45,990,868 shares of the computer hardware maker’s stock worth $7,553,081,000 after purchasing an additional 528,040 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. increased its holdings in NVIDIA by 45.3% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 1,306,554 shares of the computer hardware maker’s stock worth $214,576,000 after purchasing an additional 407,354 shares in the last quarter. 65.02% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on the company. BidaskClub raised NVIDIA from a “buy” rating to a “strong-buy” rating in a research note on Friday. Mizuho increased their price target on NVIDIA from $185.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Piper Jaffray Companies increased their price target on NVIDIA from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Tuesday, December 17th. Goldman Sachs Group increased their price target on NVIDIA from $179.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Finally, Royal Bank of Canada reissued a “buy” rating on shares of NVIDIA in a research note on Friday, January 3rd. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the company. NVIDIA currently has a consensus rating of “Buy” and an average price target of $227.61.

NASDAQ NVDA traded down $4.70 during trading hours on Tuesday, hitting $247.28. 8,974,845 shares of the company’s stock were exchanged, compared to its average volume of 7,087,873. The stock has a 50-day simple moving average of $228.71 and a 200 day simple moving average of $191.10. NVIDIA Co. has a 1-year low of $131.00 and a 1-year high of $252.99. The firm has a market cap of $151.34 billion, a price-to-earnings ratio of 40.74, a PEG ratio of 6.05 and a beta of 2.04. The company has a current ratio of 8.42, a quick ratio of 7.71 and a debt-to-equity ratio of 0.22.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Thursday, November 14th. The computer hardware maker reported $1.78 EPS for the quarter, topping the consensus estimate of $1.57 by $0.21. NVIDIA had a return on equity of 22.02% and a net margin of 24.08%. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.92 billion. During the same quarter last year, the firm posted $1.84 earnings per share. The firm’s revenue was down 5.2% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Co. will post 4.32 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 29th were issued a $0.16 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $0.64 annualized dividend and a yield of 0.26%. NVIDIA’s payout ratio is currently 10.54%.

In other NVIDIA news, Director A Brooke Seawell sold 20,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $212.75, for a total value of $4,255,000.00. Following the transaction, the director now owns 22,221 shares in the company, valued at $4,727,517.75. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Debora Shoquist sold 12,193 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $216.04, for a total value of $2,634,175.72. Following the completion of the transaction, the executive vice president now owns 151,232 shares in the company, valued at approximately $32,672,161.28. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,785 shares of company stock worth $9,965,644. Corporate insiders own 4.64% of the company’s stock.

About NVIDIA

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims 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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