Captrust Financial Advisors Has $648 Million Position in NVIDIA Co. (NASDAQ:NVDA)

Captrust Financial Advisors lifted its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 9.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,825,403 shares of the computer hardware maker's stock after acquiring an additional 415,331 shares during the quarter. NVIDIA makes up 1.8% of Captrust Financial Advisors' investment portfolio, making the stock its 8th largest position. Captrust Financial Advisors' holdings in NVIDIA were worth $648,003,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tacita Capital Inc bought a new position in NVIDIA in the 4th quarter worth about $28,000. Legend Financial Advisors Inc. bought a new position in NVIDIA in the 4th quarter worth about $34,000. Vision Financial Markets LLC bought a new position in NVIDIA in the 4th quarter worth about $38,000. Luken Investment Analytics LLC bought a new position in NVIDIA in the 4th quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC bought a new position in NVIDIA in the 4th quarter worth about $46,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $131.29 on Friday. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock's 50-day moving average is $113.89 and its 200 day moving average is $126.81. The stock has a market cap of $3.21 trillion, a price-to-earnings ratio of 51.67, a P/E/G ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 1-year low of $86.62 and a 1-year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.05. The business had revenue of $39.33 billion for the quarter, compared to analysts' expectations of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. On average, sell-side analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is currently 1.36%.

Insiders Place Their Bets

In other NVIDIA news, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the transaction, the director now directly owns 53,208 shares of the company's stock, valued at $6,300,891.36. The trade was a 27.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Dabiri sold 2,663 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $110.00, for a total value of $292,930.00. Following the transaction, the director now directly owns 17,279 shares in the company, valued at $1,900,690. This trade represents a 13.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 147,147 shares of company stock valued at $17,133,207 in the last ninety days. Company insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVDA. Wedbush downgraded NVIDIA from an "outperform" rating to a "cautious" rating in a research note on Friday. Benchmark restated a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. William Blair restated an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Susquehanna restated a "positive" rating and issued a $180.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Finally, UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Friday. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, thirty-three have assigned a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $167.53.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

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