Claybrook Capital LLC Purchases New Holdings in NVIDIA Co. (NVDA)

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Claybrook Capital LLC purchased a new position in NVIDIA Co. (NASDAQ:NVDA) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 442 shares of the computer hardware maker’s stock, valued at approximately $59,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund increased its position in NVIDIA by 8,687.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,509,787 shares of the computer hardware maker’s stock valued at $161,000 after acquiring an additional 21,265,009 shares during the period. Parnassus Investments CA acquired a new stake in NVIDIA in the 4th quarter valued at approximately $394,670,000. Polen Capital Management LLC acquired a new stake in NVIDIA in the 3rd quarter valued at approximately $703,155,000. Vanguard Group Inc increased its position in NVIDIA by 4.0% in the 3rd quarter. Vanguard Group Inc now owns 44,464,641 shares of the computer hardware maker’s stock valued at $12,495,455,000 after acquiring an additional 1,693,736 shares during the period. Finally, Vanguard Group Inc. increased its position in NVIDIA by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 44,464,641 shares of the computer hardware maker’s stock valued at $12,495,455,000 after acquiring an additional 1,693,736 shares during the period. 68.72% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently commented on the company. Craig Hallum assumed coverage on NVIDIA in a research report on Thursday, March 14th. They issued a “hold” rating on the stock. Credit Suisse Group assumed coverage on NVIDIA in a research report on Sunday, December 2nd. They issued an “outperform” rating and a $145.00 target price on the stock. BMO Capital Markets raised their target price on NVIDIA to $140.00 and gave the company an “in-line” rating in a research report on Friday, February 15th. Mizuho reiterated a “buy” rating and set a $195.00 price target on shares of NVIDIA in a research report on Wednesday, March 13th. Finally, SunTrust Banks lifted their price target on NVIDIA to $210.00 and gave the company a “buy” rating in a research report on Tuesday, March 12th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-five have issued a buy rating to the company. NVIDIA has a consensus rating of “Buy” and an average target price of $210.62.

NVDA opened at $168.95 on Tuesday. The firm has a market cap of $102.90 billion, a PE ratio of 27.83, a P/E/G ratio of 3.90 and a beta of 1.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.94 and a quick ratio of 6.76. NVIDIA Co. has a fifty-two week low of $124.46 and a fifty-two week high of $292.76.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Thursday, February 14th. The computer hardware maker reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.27. The business had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.22 billion. NVIDIA had a return on equity of 41.78% and a net margin of 35.35%. The company’s revenue was down 24.3% compared to the same quarter last year. During the same period last year, the company posted $1.72 EPS. Equities research analysts forecast that NVIDIA Co. will post 4.49 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Friday, March 1st will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, February 28th. NVIDIA’s dividend payout ratio is presently 10.54%.

In other news, EVP Debora Shoquist sold 6,345 shares of the firm’s stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $135.33, for a total transaction of $858,668.85. Following the completion of the sale, the executive vice president now directly owns 177,911 shares of the company’s stock, valued at approximately $24,076,695.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.70% of the company’s stock.

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NVIDIA Profile

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud-based game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing; GRID, which provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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