NVIDIA (NASDAQ:NVDA) had its price objective hoisted by Stifel Nicolaus from $184.00 to $220.00 in a research report report published on Friday morning, The Fly reports. They currently have a hold rating on the computer hardware maker’s stock. The analysts noted that the move was a valuation call.

A number of other research firms have also issued reports on NVDA. Goldman Sachs Group lowered shares of NVIDIA from a conviction-buy rating to a buy rating and set a $281.00 price target on the stock. in a report on Thursday, February 1st. Vetr lowered shares of NVIDIA from a hold rating to a sell rating and set a $234.76 price target on the stock. in a report on Monday, January 29th. Zacks Investment Research upgraded shares of NVIDIA from a hold rating to a buy rating and set a $262.00 price target on the stock in a report on Wednesday, January 24th. Susquehanna Bancshares restated a neutral rating and set a $200.00 price target (up previously from $185.00) on shares of NVIDIA in a report on Thursday. Finally, Bank of America restated a buy rating and set a $275.00 price target (up previously from $251.00) on shares of NVIDIA in a report on Friday, January 19th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. NVIDIA has a consensus rating of Buy and a consensus target price of $210.67.

Shares of NVIDIA (NASDAQ:NVDA) opened at $232.08 on Friday. The company has a quick ratio of 7.34, a current ratio of 8.03 and a debt-to-equity ratio of 0.27. NVIDIA has a fifty-two week low of $95.17 and a fifty-two week high of $249.27. The company has a market cap of $140,640.48, a P/E ratio of 50.02, a P/E/G ratio of 4.83 and a beta of 1.43.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Thursday, February 8th. The computer hardware maker reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. NVIDIA had a net margin of 31.36% and a return on equity of 45.02%. The business had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the previous year, the firm earned $1.13 EPS. The business’s revenue for the quarter was up 34.0% on a year-over-year basis. analysts predict that NVIDIA will post 4.68 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 23rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, February 22nd. NVIDIA’s dividend payout ratio is 12.45%.

In other NVIDIA news, CFO Colette Kress sold 171 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $185.57, for a total value of $31,732.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Persis Drell sold 606 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $197.07, for a total transaction of $119,424.42. Following the completion of the sale, the director now directly owns 26,104 shares of the company’s stock, valued at $5,144,315.28. The disclosure for this sale can be found here. Insiders sold 4,858 shares of company stock valued at $1,025,784 over the last three months. Insiders own 5.17% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Legal & General Group Plc grew its position in NVIDIA by 2.8% in the third quarter. Legal & General Group Plc now owns 2,867,090 shares of the computer hardware maker’s stock worth $512,549,000 after acquiring an additional 78,943 shares in the last quarter. UBS Asset Management Americas Inc. grew its position in NVIDIA by 2.0% in the fourth quarter. UBS Asset Management Americas Inc. now owns 2,265,682 shares of the computer hardware maker’s stock worth $438,409,000 after acquiring an additional 45,162 shares in the last quarter. Swiss National Bank grew its position in NVIDIA by 0.9% in the fourth quarter. Swiss National Bank now owns 2,213,385 shares of the computer hardware maker’s stock worth $428,290,000 after acquiring an additional 19,900 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in NVIDIA by 4.9% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,027,499 shares of the computer hardware maker’s stock worth $392,322,000 after acquiring an additional 95,004 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its position in NVIDIA by 12.0% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,970,888 shares of the computer hardware maker’s stock worth $352,336,000 after acquiring an additional 211,411 shares in the last quarter. 62.70% of the stock is owned by institutional investors.

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NVIDIA Company 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.

The Fly

Analyst Recommendations for NVIDIA (NASDAQ:NVDA)

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