NVIDIA Corporation (NVDA) : Trustmark National Bank Trust Department scooped up 1,530 additional shares in NVIDIA Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 114,484 shares of NVIDIA Corporation which is valued at $4.7 Million.NVIDIA Corporation makes up approximately 0.64% of Trustmark National Bank Trust Department’s portfolio.
Other Hedge Funds, Including , Ubs Asset Management Americas Inc reduced its stake in NVDA by selling 28,090 shares or 1.64% in the most recent quarter. The Hedge Fund company now holds 1,685,838 shares of NVDA which is valued at $69.1 Million. NVIDIA Corporation makes up approx 0.08% of Ubs Asset Management Americas Inc’s portfolio.Cornerstone Capital Management Holdings. boosted its stake in NVDA in the latest quarter, The investment management firm added 98,319 additional shares and now holds a total of 827,740 shares of NVIDIA Corporation which is valued at $33.9 Million. NVIDIA Corporation makes up approx 0.28% of Cornerstone Capital Management Holdings.’s portfolio. Fdo Partners sold out all of its stake in NVDA during the most recent quarter. The investment firm sold 23,105 shares of NVDA which is valued $946,843. Checchi Capital Advisers added NVDA to its portfolio by purchasing 3,394 company shares during the most recent quarter which is valued at $119,910. NVIDIA Corporation makes up approx 0.03% of Checchi Capital Advisers’s portfolio.Nelson Van Denburg Campbell Wealth Management Group reduced its stake in NVDA by selling 203 shares or 22.46% in the most recent quarter. The Hedge Fund company now holds 701 shares of NVDA which is valued at $24,907. NVIDIA Corporation makes up approx 0.01% of Nelson Van Denburg Campbell Wealth Management Group’s portfolio.
NVIDIA Corporation opened for trading at $43.82 and hit $44.51 on the upside on Friday, eventually ending the session at $44.33, with a gain of 1.79% or 0.78 points. The heightened volatility saw the trading volume jump to 97,77,090 shares. Company has a market cap of $24,139,857 M.
On the company’s financial health, NVIDIA Corporation reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 12, 2016. Analyst had a consensus of $0.41. The company had revenue of $1305.00 million for the quarter, compared to analysts expectations of $1264.72 million. The company’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.
Many Wall Street Analysts have commented on NVIDIA Corporation. Company shares were Reiterated by RBC Capital Mkts on May 13, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 40 from a previous price target of $36 .Company shares were Reiterated by Wedbush on May 13, 2016 to “Outperform”, Firm has raised the Price Target to $ 42 from a previous price target of $38 .NVIDIA Corporation was Upgraded by ROTH Capital to ” Buy” on May 13, 2016.
NVIDIA Corporation (NVIDIA) is engaged in visual computing enabling individuals to interact with digital ideas data and entertainment. The Company is engaged in creating NVIDIA-branded products and services offering its processors to original equipment manufacturers (OEMs) and licensing its intellectual property. NVIDIA-branded products and services are visual computing platforms that address four markets: Gaming Enterprise High Performance Computing & Cloud and Automotive. The Company operates in two segments: Graphics Processing Unit (GPU) and Tegra Processor. The Company’s GPU product brands include GeForce for gamers; Quadro for designers; Tesla for researchers learning and big-data analysts; and GRID for cloud-based visual computing users. The Company’s Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD.