Van Lanschot Kempen Investment Management N.V. Boosts Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Van Lanschot Kempen Investment Management N.V. lifted its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,159,681 shares of the computer hardware maker's stock after acquiring an additional 5,583 shares during the period. NVIDIA accounts for 1.6% of Van Lanschot Kempen Investment Management N.V.'s portfolio, making the stock its 15th biggest holding. Van Lanschot Kempen Investment Management N.V.'s holdings in NVIDIA were worth $155,734,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of NVDA. FMR LLC raised its position in shares of NVIDIA by 0.7% during the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock worth $134,877,735,000 after purchasing an additional 6,665,252 shares during the period. Geode Capital Management LLC increased its position in shares of NVIDIA by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 555,548,278 shares of the computer hardware maker's stock worth $74,439,273,000 after acquiring an additional 9,468,786 shares in the last quarter. Norges Bank purchased a new stake in shares of NVIDIA in the 4th quarter valued at approximately $43,515,504,000. Charles Schwab Investment Management Inc. boosted its stake in NVIDIA by 3.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 151,280,130 shares of the computer hardware maker's stock worth $20,315,409,000 after purchasing an additional 5,211,040 shares during the period. Finally, Capital World Investors boosted its position in shares of NVIDIA by 6.5% in the fourth quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker's stock worth $18,925,009,000 after buying an additional 8,555,411 shares during the period. Institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total value of $2,368,400.00. Following the completion of the sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36. The trade was a 27.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $525,600.00. Following the completion of the sale, the insider now directly owns 479,428 shares of the company's stock, valued at $55,997,190.40. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently commented on NVDA. UBS Group decreased their price target on shares of NVIDIA from $180.00 to $175.00 and set a "buy" rating for the company in a report on Monday, May 12th. KeyCorp set a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Needham & Company LLC reissued a "buy" rating and set a $160.00 price objective on shares of NVIDIA in a research report on Wednesday, March 19th. Benchmark reiterated a "buy" rating and set a $190.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Finally, Tigress Financial restated a "buy" rating on shares of NVIDIA in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $164.84.

NVIDIA Stock Up 0.1%

Shares of NASDAQ:NVDA traded up $0.17 during trading on Monday, hitting $135.57. 192,257,358 shares of the company were exchanged, compared to its average volume of 294,328,000. NVIDIA Co. has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. 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 has a market cap of $3.32 trillion, a price-to-earnings ratio of 53.35, a P/E/G ratio of 1.76 and a beta of 2.11. The firm has a fifty day moving average price of $112.33 and a two-hundred day moving average price of $126.93.

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

NVIDIA Dividend Announcement

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

NVIDIA Company 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.