NVIDIA Corporation (NASDAQ:NVDA) Stake Lifted by Financial Counselors Inc

Joanna Estrada
December 16, 2017

The institutional investor held 22,850 shares of the semiconductors company at the end of 2017Q2, valued at $3.30M, down from 28,680 at the end of the previous reported quarter. Bell State Bank & Trust who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $116.09 billion market cap company. The stock increased 2.73% or $5.09 during the last trading session, reaching $191.56. About 10.95 million shares traded. Baker Avenue Asset Management Lp has invested 0.14% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). It has outperformed by 195.58% the S&P500.

Pggm Investments decreased its stake in Aon Plc Shs Cl A (AON) by 2.16% based on its latest 2017Q2 regulatory filing with the SEC. Roundview Capital Limited Liability Com reported 5,265 shares. The institutional investor held 16,084 shares of the capital goods company at the end of 2017Q2, valued at $1.73M, down from 22,390 at the end of the previous reported quarter. Vanguard Group Inc. boosted its holdings in shares of NVIDIA by 7.1% in the 2nd quarter. The stock increased 1.33% or $1.81 during the last trading session, reaching $138.39. About 555,452 shares traded or 36.56% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since December 15, 2016 and is uptrending. It has outperformed by 10.16% the S&P500.

Analysts await Caterpillar Inc. (NYSE:ALLY) to report earnings on January, 30. They expect $1.69 earnings per share, up 103.61% or $0.86 from last year's $0.83 per share. After $1.95 actual earnings per share reported by Caterpillar Inc. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Among 10 analysts covering PHH Corporation (NYSE:PHH), 4 have Buy rating, 1 Sell and 5 Hold. Shares for $5.11 million were sold by SEAWELL A BROOKE on Friday, September 1. On Thursday, October 26 De Lange Bob sold $216,276 worth of Caterpillar Inc. $11,553 worth of PHH Corporation (NYSE:PHH) shares were sold by STEIN KEVIN.

Quantitative Investment Management Llc, which manages about $1.89 billion and $6.65 billion US Long portfolio, decreased its stake in Pepsico Inc (NYSE:PEP) by 237,400 shares to 34,000 shares, valued at $3.93M in 2017Q2, according to the filing. It also reduced its holding in United Cmnty Bks Blairsvle G (NASDAQ:UCBI) by 55,120 shares in the quarter, leaving it with 364,679 shares, and cut its stake in Conocophillips (NYSE:COP). RBC Capital Markets has "Buy" rating and $17500 target. Therefore 41% are positive. Ally Financial had 44 analyst reports since July 29, 2015 according to SRatingsIntel. Piper Jaffray maintained it with "Hold" rating and $23.0 target in Friday, October 6 report. As per Monday, August 14, the company rating was maintained by Canaccord Genuity. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned "Equal-Weight" rating by Morgan Stanley on Friday, November 6. The rating was initiated by Mizuho with "Buy" on Friday, July 15. On Wednesday, December 14 the stock rating was upgraded by Evercore to "Buy". The stock of FactSet Research Systems Inc. The firm has "Neutral" rating by Janney Capital given on Wednesday, June 21. On Thursday, June 8 the stock rating was maintained by UBS with "Buy". Jefferies maintained Caterpillar Inc. The count of Hold ratings in that period was 3. Usa Fincl Portformulas Corp reported 42,207 shares.

Investors sentiment increased to 1.21 in Q2 2017. It is positive, as 73 investors sold NVDA shares while 262 reduced holdings. 110 funds opened positions while 307 raised stakes. The shares were sold at an average price of $185.31, for a total value of $4,226,550.48. Oakbrook Ltd Liability Corporation has 37,575 shares. 7,786 were reported by Rampart Management Com Lc. Gulf Intll Financial Bank (Uk) Limited holds 168,605 shares. It also increased its holding in Public Storage Com (NYSE:PSA) by 31,613 shares in the quarter, for a total of 1.47 million shares, and has risen its stake in Federal Realty Invt Tr Sh Ben Int New (NYSE:FRT). Quantres Asset stated it has 46,000 shares or 4.33% of all its holdings. Jaffetilchin Inv Prns Ltd has 3,989 shares for 0.2% of their portfolio.

Among new and sold out positions, 154 holders initiated new positions by a total of 2.68 million shares and 51 holders exited their positions by a total of 1.26 million shares. (NYSE:CAT). Triangle Securities Wealth Mngmt has invested 0.24% in Caterpillar Inc. 20,009 were reported by Commonwealth Bankshares Of Aus. The firm earned "Outperform" rating on Wednesday, June 15 by Wedbush. Sun Life holds 0.07% or 4,378 shares in its portfolio. (NYSE:CAT) for 67,706 shares. California-based Rbf Capital Ltd Liability Com has invested 0.14% in PHH Corporation (NYSE:PHH). 32,800 were accumulated by Smith Asset L P. Daiwa Secs Grp Inc Inc stated it has 0.11% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Therefore 57% are positive. Loop Capital reissued a "buy" rating and set a $181.00 price target on shares of NVIDIA in a research report on Tuesday, August 22nd. BMO Capital Markets maintained the shares of ALLY in report on Wednesday, April 26 with "Buy" rating.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Investorplace.com which released: "3 Big Stock Charts for Friday: Nvidia Corporation, Intel Corporation and ..." on December 08, 2017, also Seekingalpha.com with their article: "Nvidia: The Titan V Shows It's Lonely At The Top" published on December 11, 2017, Investorplace.com published: "Why Nvidia Corporation Stock Is a Buy on This Recent Dip" on December 04, 2017. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned "Hold" rating by Susquehanna on Friday, November 10. Barclays upped their price objective on NVIDIA from $200.00 to $225.00 and gave the company an "equal weight" rating in a research note on Friday, November 10th. The firm has "Buy" rating by Bank of America given on Sunday, September 17.

Since August 14, 2017, it had 0 buys, and 10 selling transactions for $81.44 million activity. COXE TENCH sold $9.48M worth of stock. In the last three months, insiders sold 315,346 shares of company stock worth $59,459,812. Industry Cap Prtnrs Lc has invested 1.11% in NVIDIA Corporation (NASDAQ:NVDA).

In other news, Director Harvey C. Jones sold 100,000 shares of NVIDIA stock in a transaction on Thursday, September 21st.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, November 9th.

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