Huntington National Bank lowered its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.7% in the course of the second quarter, in line with the corporate in its most up-to-date 13F submitting with the SEC. The agency owned 552,003 shares of the pc {hardware} maker’s inventory after promoting 15,398 shares in the course of the quarter. NVIDIA makes up roughly 2.2% of Huntington National Bank’s funding portfolio, making the inventory its fifth largest place. Huntington National Bank’s holdings in NVIDIA had been value $233,508,000 as of its most up-to-date submitting with the SEC. A variety of different institutional traders and hedge funds have additionally purchased and bought shares of the enterprise. Bank Julius Baer & Co. Ltd Zurich grew its place in shares of NVIDIA by 84,165.9% in the course of the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,389,779,605 shares of the pc {hardware} maker’s inventory valued at $587,904,569,000 after buying an extra 1,388,130,327 shares in the final quarter. Geode Capital Management LLC grew its place in shares of NVIDIA by 3.0% in the course of the second quarter. Geode Capital Management LLC now owns 47,459,414 shares of the pc {hardware} maker’s inventory valued at $20,022,108,000 after buying an extra 1,403,401 shares in the final quarter. Morgan Stanley grew its place in shares of NVIDIA by 20.2% in the course of the fourth quarter. Morgan Stanley now owns 27,533,756 shares of the pc {hardware} maker’s inventory valued at $4,023,783,000 after buying an extra 4,621,002 shares in the final quarter. Norges Bank bought a brand new place in shares of NVIDIA in the course of the fourth quarter valued at about $3,900,874,000. Finally, Bank of New York Mellon Corp grew its place in shares of NVIDIA by 1.5% in the course of the first quarter. Bank of New York Mellon Corp now owns 21,702,416 shares of the pc {hardware} maker’s inventory valued at $6,028,280,000 after buying an extra 322,662 shares in the final quarter. 64.79% of the inventory is owned by institutional traders. Analysts Set New Price TargetsNVDA has been the topic of a number of latest analysis reviews. Robert W. Baird lifted their value goal on NVIDIA from $570.00 to $750.00 and gave the inventory an “outperform” score in a analysis report on Thursday, August twenty fourth. Argus lifted their value goal on NVIDIA from $450.00 to $600.00 and gave the inventory a “purchase” score in a analysis report on Thursday, August twenty fourth. Susquehanna reiterated a “optimistic” score and issued a $625.00 value goal on shares of NVIDIA in a analysis report on Wednesday, November twenty second. Sanford C. Bernstein lifted their value goal on NVIDIA from $675.00 to $700.00 and gave the inventory an “outperform” score in a analysis report on Wednesday, November twenty second. Finally, Wells Fargo & Company lifted their value goal on NVIDIA from $600.00 to $675.00 and gave the inventory an “chubby” score in a analysis report on Wednesday, November twenty second. One analyst has rated the inventory with a promote score, three have assigned a maintain score, thirty-three have issued a purchase score and one has issued a robust purchase score to the corporate. Based on information from MarketBeat, the inventory at present has a consensus score of “Moderate Buy” and a consensus goal value of $588.38.Check Out Our Latest Analysis on NVIDIANVIDIA Stock PerformanceShares of NASDAQ:NVDA opened at $480.91 on Tuesday. The firm has a market capitalization of $1.19 trillion, a price-to-earnings ratio of 63.64, a price-to-earnings-growth ratio of three.65 and a beta of 1.69. NVIDIA Co. has a 52 week low of $138.84 and a 52 week excessive of $505.48. The firm has a fast ratio of three.06, a present ratio of three.59 and a debt-to-equity ratio of 0.25. The agency has a 50 day transferring common of $449.14 and a 200 day transferring common of $432.78. NVIDIA (NASDAQ:NVDA – Get Free Report) final launched its quarterly earnings outcomes on Tuesday, November twenty first. The pc {hardware} maker reported $4.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.03 by $0.99. NVIDIA had a web margin of 42.10% and a return on fairness of 72.28%. The enterprise had income of $18.12 billion for the quarter, in comparison with analyst estimates of $16.19 billion. During the identical interval in the earlier 12 months, the corporate earned $0.34 earnings per share. The enterprise’s income for the quarter was up 205.5% on a year-over-year foundation. On common, sell-side analysts predict that NVIDIA Co. will publish 9.71 earnings per share for the present fiscal 12 months. NVIDIA Dividend AnnouncementThe firm additionally just lately declared a quarterly dividend, which will likely be paid on Thursday, December twenty eighth. Shareholders of file on Wednesday, December sixth will likely be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.03%. The ex-dividend date is Tuesday, December fifth. NVIDIA’s dividend payout ratio is at present 2.11%. Insiders Place Their BetsIn different NVIDIA information, CEO Jen Hsun Huang bought 29,688 shares of NVIDIA inventory in a transaction on Wednesday, September thirteenth. The shares had been bought at a mean value of $454.01, for a complete worth of $13,478,648.88. Following the transaction, the chief government officer now immediately owns 7,918,875 shares of the corporate’s inventory, valued at $3,595,248,438.75. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is obtainable by way of the SEC web site. Over the final three months, insiders have bought 118,752 shares of firm inventory valued at $55,247,884. 3.99% of the inventory is at present owned by insiders. About NVIDIA (Free Report)NVIDIA Corporation gives graphics, and compute and networking options in the United States, Taiwan, China, and internationally. The firm’s Graphics phase gives GeForce GPUs for gaming and PCs, the GeForce NOW sport streaming service and associated infrastructure, and options for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software program for cloud-based visible and digital computing; automotive platforms for infotainment methods; and Omniverse software program for constructing 3D designs and digital worlds.Read ExtraThis instantaneous information alert was generated by narrative science know-how and monetary information from MarketBeat in order to supply readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected] you take into account NVIDIA, you will wish to hear this.MarketBeat retains observe of Wall Street’s top-rated and finest performing analysis analysts and the shares they advocate to their shoppers each day. 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