NVIDIA Corporation (NVDA) Price Target Raised to $217.00

Nvidia Seeing Strong Trends Heading Into Quarterly Print

West Oak Capital Llc decreased its stake in Nvidia Corp (NVDA) by 17.86% based on its latest 2017Q2 regulatory filing with the SEC. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker's stock valued at $592,244,000 after buying an additional 4,022,728 shares during the period. Analysts anticipate that NVIDIA Corporation will post $3.64 EPS for the current fiscal year. During the last month, the stock has changed 5.71% and performed 15.63% over the last 6 months. Balyasny Asset Ltd Company reported 0.11% stake. It turned negative, as 43 investors sold NRZ shares while 78 reduced holdings. The stock increased 0.29% or $0.02 on October 13, reaching $7.03. The dividend was $0.140 per share for the quarter which comes to $0.56 on an annualized basis. Needham downgraded the stock to "Buy" rating in Monday, August 24 report. First Allied Advisory Ser has invested 0.01% in New Residential Investment Corp (NYSE:NRZ). National CineMedia, Inc. (NASDAQ:NCMI) has declined 44.10% since October 14, 2016 and is downtrending. It has outperformed by 20.71% the S&P500. Six analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $42.00. Therefore 83% are positive.

A total of 18 analysts have released a research note on NVDA.

According to Finviz reported data, The SMA20 of the stock is at 5.84 percent, SMA50 is 11.2 percent, while SMA200 is 41.56 percent. The stock of Amazon.com, Inc. The rating was maintained by RBC Capital Markets on Thursday, September 21 with "Buy". The rating was maintained by Benchmark with "Buy" on Friday, May 6. On Tuesday, September 27 the stock rating was maintained by JP Morgan with "Overweight". The rating was upgraded by Stifel Nicolaus on Wednesday, July 29 to "Buy". The rating was maintained by Wedbush with "Outperform" on Friday, February 12. The rating was maintained by Wells Fargo on Friday, August 11 with "Sell".

Since May 11, 2017, it had 0 insider purchases, and 7 selling transactions for $39.65 million activity. Shares for $434,980 were sold by SEAWELL A BROOKE. (NASDAQ:NCMI) for 158,052 shares.

Analysts expect The Hackett Group, Inc. (NASDAQ:AMZN) to report earnings on October, 26. NVDA's profit will be $563.97M for 51.73 P/E if the $0.94 EPS becomes a reality. Wellington Management Group LLP now owns 4,104,980 shares of the computer hardware maker's stock worth $447,156,000 after buying an additional 3,419,701 shares in the last quarter. Its up 0.22, from 0.93 in 2017Q1. Institutional investors own 65.79% of the company's stock. (NASDAQ:NCMI) for 130,000 shares. Cap Investment Counsel has invested 1.93% in Amazon.com, Inc. Andra Ap accumulated 25,500 shares. Aviance Mngmt Ltd holds 337 shares. Tocqueville Asset Management L.P. owns 434,215 shares or 0.02% of their USA portfolio. (NASDAQ:NCMI) on Tuesday, November 10 with "Neutral" rating. Rhumbline Advisers holds 284,392 shares or 0.01% of its portfolio. Finally, Winslow Capital Management LLC acquired a new stake in NVIDIA Corporation during the first quarter worth approximately $126,231,000. It also upped Bp Plc (Call) stake by 463,200 shares and now owns 1.03M shares. Tesla Inc (NASDAQ:TSLA) was reduced too. (NASDAQ:ERII). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.80. Therefore 53% are positive. Nvidia Corporation had 153 analyst reports since August 3, 2015 according to SRatingsIntel. Wedbush has "Outperform" rating and $30 target. The firm earned "Buy" rating on Monday, August 7 by B. Riley & Co. The firm has "Buy" rating by UBS given on Friday, August 12. Moreover, Comerica Bancorp has 0.21% invested in NVIDIA Corporation (NASDAQ:NVDA) for 169,927 shares. As per Thursday, September 14, the company rating was maintained by Cowen & Co. As per Monday, November 16, the company rating was upgraded by Canaccord Genuity. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Buy" rating given on Tuesday, December 20 by Mizuho.

Investors sentiment increased to 1.15 in Q2 2017. NVDA's debt-to-equity ratio is 0.35 versus a D/E of 2.80 for SPWR. The shares were sold at an average price of $98.30, for a total value of $4,096,161.00. 131 funds opened positions while 273 raised stakes. The Massachusetts-based Ngam Advisors LP has invested 0.01% in Air Lease Corp (NYSE:AL). Royal Bank Of Canada restated an outperform rating and set a $175.00 price objective on shares of NVIDIA Corporation in a research note on Thursday, July 13th. Balyasny Asset Limited Liability Co invested in 0% or 13,073 shares. 140.89 million shares or 11.25% less from 158.75 million shares in 2017Q1 were reported. Globeflex Ltd Partnership invested in 13,100 shares or 0.47% of the stock. Birinyi Associates reported 10,600 shares or 0.72% of all its holdings. Adirondack Trust Communications stated it has 0.02% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Cranbrook Wealth Lc reported 314 shares or 0.02% of all its holdings. 36,700 were accumulated by Denali Advisors Ltd Llc. Victory Management holds 0.16% or 464,834 shares in its portfolio. Texas Permanent School Fund, a Texas-based fund reported 167,178 shares. Myriad Asset Mgmt invested 2.62% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA).

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