Broadcom Inc (NASDAQ:AVGO) Short Interest Up 28.0% in May

Broadcom Inc (NASDAQ:AVGO) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest …

Broadcom logoBroadcom Inc (NASDAQ:AVGO) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 6,177,600 shares, an increase of 28.0% from the April 30th total of 4,827,700 shares. Based on an average trading volume of 2,860,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.6% of the company’s shares are short sold.

In other news, insider Hock E. Tan sold 20,000 shares of Broadcom stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $264.00, for a total transaction of $5,280,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Bryan Ingram sold 13,466 shares of the business’s stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $278.78, for a total transaction of $3,754,051.48. The disclosure for this sale can be found here. In the last three months, insiders sold 65,388 shares of company stock worth $18,656,682. Insiders own 3.30% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Peoples Financial Services CORP. boosted its holdings in shares of Broadcom by 13.1% in the 2nd quarter. Peoples Financial Services CORP. now owns 3,450 shares of the semiconductor manufacturer’s stock valued at $993,000 after buying an additional 400 shares in the last quarter. Rothschild Investment Corp IL boosted its holdings in shares of Broadcom by 26.8% in the 2nd quarter. Rothschild Investment Corp IL now owns 3,785 shares of the semiconductor manufacturer’s stock valued at $1,090,000 after buying an additional 800 shares in the last quarter. Heritage Investors Management Corp boosted its holdings in shares of Broadcom by 3.8% in the 2nd quarter. Heritage Investors Management Corp now owns 68,243 shares of the semiconductor manufacturer’s stock valued at $19,644,000 after buying an additional 2,515 shares in the last quarter. Gyroscope Capital Management Group LLC raised its position in shares of Broadcom by 1.7% in the 2nd quarter. Gyroscope Capital Management Group LLC now owns 2,856 shares of the semiconductor manufacturer’s stock valued at $807,000 after purchasing an additional 47 shares during the last quarter. Finally, Lourd Capital LLC raised its position in shares of Broadcom by 7.3% in the 2nd quarter. Lourd Capital LLC now owns 782 shares of the semiconductor manufacturer’s stock valued at $225,000 after purchasing an additional 53 shares during the last quarter. Institutional investors and hedge funds own 83.91% of the company’s stock.

Shares of AVGO opened at $276.06 on Friday. The stock has a market capitalization of $109.27 billion, a P/E ratio of 14.66, a P/E/G ratio of 1.34 and a beta of 0.94. Broadcom has a twelve month low of $197.46 and a twelve month high of $323.20. The company has a fifty day moving average price of $272.64. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 1.53.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, June 13th. The semiconductor manufacturer reported $5.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $5.18 by $0.03. The company had revenue of $5.52 billion for the quarter, compared to the consensus estimate of $5.70 billion. Broadcom had a net margin of 15.92% and a return on equity of 32.81%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted $4.88 EPS. As a group, sell-side analysts forecast that Broadcom will post 17.3 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Monday, June 24th were issued a $2.65 dividend. This represents a $10.60 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend was Friday, June 21st. Broadcom’s dividend payout ratio is currently 56.29%.

Several research firms recently commented on AVGO. Charter Equity lowered shares of Broadcom from a “buy” rating to a “market perform” rating and set a $254.00 price objective on the stock. in a research note on Friday, June 14th. Craig Hallum reaffirmed a “buy” rating and issued a $315.00 target price (down from $325.00) on shares of Broadcom in a report on Friday, June 14th. Wells Fargo & Co reaffirmed a “hold” rating on shares of Broadcom in a report on Friday, March 15th. Morgan Stanley set a $143.00 target price on shares of FedEx and gave the stock a “hold” rating in a report on Monday, June 10th. Finally, ValuEngine cut shares of Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday. Twelve analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. Broadcom has a consensus rating of “Buy” and a consensus price target of $297.62.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

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QUALCOMM, Inc. (NASDAQ:QCOM) Given Average Rating of “Buy” by Brokerages

Shares of QUALCOMM, Inc. (NASDAQ:QCOM) have been assigned a consensus recommendation of “Buy” from the thirty-one brokerages that are …

QUALCOMM logoShares of QUALCOMM, Inc. (NASDAQ:QCOM) have been assigned a consensus recommendation of “Buy” from the thirty-one brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $82.49.

QCOM has been the subject of a number of research analyst reports. Citigroup lowered shares of BCE from a “buy” rating to a “neutral” rating in a research note on Thursday, May 2nd. Goldman Sachs Group upgraded shares of Lenovo Group from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd. They noted that the move was a valuation call. Zacks Investment Research lowered shares of GALP ENERGIA SG/ADR from a “hold” rating to a “sell” rating in a research note on Monday, May 6th. Edward Jones lowered shares of QUALCOMM from a “hold” rating to a “sell” rating and set a $69.31 price target for the company. in a research note on Thursday, May 23rd. Finally, Sanford C. Bernstein set a $60.00 price target on shares of QUALCOMM and gave the stock a “hold” rating in a research note on Wednesday, April 17th.

Shares of QUALCOMM stock opened at $73.71 on Friday. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. The stock has a market capitalization of $91.01 billion, a PE ratio of 23.11, a PEG ratio of 1.70 and a beta of 1.63. QUALCOMM has a 52-week low of $49.10 and a 52-week high of $90.34. The business has a 50-day moving average price of $71.25.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.07. The business had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 earnings per share. On average, research analysts forecast that QUALCOMM will post 3.3 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 6th were given a dividend of $0.62 per share. The ex-dividend date was Wednesday, June 5th. This represents a $2.48 annualized dividend and a yield of 3.36%. QUALCOMM’s dividend payout ratio (DPR) is 77.74%.

In related news, President Cristiano R. Amon sold 13,466 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $60.00, for a total transaction of $807,960.00. Following the completion of the sale, the president now directly owns 37,614 shares in the company, valued at $2,256,840. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Inc/De Qualcomm sold 848,877 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $34.20, for a total transaction of $29,031,593.40. Following the sale, the insider now owns 848,877 shares of the company’s stock, valued at $29,031,593.40. The disclosure for this sale can be found here. Insiders have sold 949,832 shares of company stock valued at $37,443,538 over the last 90 days. 0.11% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in QCOM. Weaver Consulting Group bought a new position in shares of QUALCOMM in the first quarter worth about $25,000. Hexavest Inc. bought a new position in shares of QUALCOMM in the second quarter worth about $33,000. Meridian Wealth Management LLC bought a new position in shares of QUALCOMM in the first quarter worth about $26,000. Farmers National Bank bought a new position in shares of QUALCOMM in the first quarter worth about $26,000. Finally, Mark Sheptoff Financial Planning LLC bought a new position in shares of QUALCOMM in the first quarter worth about $29,000. Institutional investors own 76.27% of the company’s stock.

QUALCOMM Company Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Analyst Recommendations for QUALCOMM (NASDAQ:QCOM)

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Research Analysts Issue Forecasts for CME Group Inc’s Q2 2019 Earnings (NASDAQ:CME)

CME Group Inc (NASDAQ:CME) – Jefferies Financial Group issued their Q2 2019 earnings per share (EPS) estimates for CME Group in a report …

CME Group logo

CME Group Inc (NASDAQ:CME) – Jefferies Financial Group issued their Q2 2019 earnings per share (EPS) estimates for CME Group in a report issued on Wednesday, July 10th. Jefferies Financial Group analyst D. Fannon forecasts that the financial services provider will post earnings of $1.76 per share for the quarter. Jefferies Financial Group also issued estimates for CME Group’s Q3 2019 earnings at $1.65 EPS, FY2019 earnings at $6.71 EPS, Q2 2020 earnings at $1.93 EPS and Q3 2020 earnings at $1.77 EPS.

CME Group (NASDAQ:CME) last released its earnings results on Wednesday, May 1st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.02. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.19 billion. CME Group had a return on equity of 9.29% and a net margin of 42.47%. The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS.

A number of other equities analysts also recently commented on CME. Bank of America set a $180.00 price objective on shares of CME Group and gave the stock a “hold” rating in a research note on Tuesday, April 9th. Rosenblatt Securities downgraded shares of CME Group from a “neutral” rating to a “sell” rating in a research note on Thursday, April 18th. Citigroup downgraded shares of BCE from a “buy” rating to a “neutral” rating in a research note on Thursday, May 2nd. Deutsche Bank raised their target price on shares of T. Rowe Price Group from $91.00 to $94.00 and gave the company a “hold” rating in a research note on Friday, March 15th. Finally, UBS Group set a €23.50 ($27.33) target price on shares of Infineon Technologies and gave the company a “buy” rating in a research note on Wednesday, July 3rd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $192.14.

CME stock opened at $206.41 on Friday. The business’s 50-day moving average price is $196.63. The company has a market cap of $72.53 billion, a PE ratio of 30.27, a PEG ratio of 4.59 and a beta of 0.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.04. CME Group has a 1 year low of $158.35 and a 1 year high of $206.48.

Large investors have recently bought and sold shares of the company. First Citizens Bank & Trust Co. grew its position in CME Group by 0.3% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 22,092 shares of the financial services provider’s stock worth $4,289,000 after purchasing an additional 59 shares in the last quarter. Heritage Investors Management Corp bought a new stake in CME Group in the 2nd quarter worth about $233,000. Orrstown Financial Services Inc. grew its position in CME Group by 8.8% in the 2nd quarter. Orrstown Financial Services Inc. now owns 3,672 shares of the financial services provider’s stock worth $713,000 after purchasing an additional 296 shares in the last quarter. Lourd Capital LLC grew its position in CME Group by 3.5% in the 2nd quarter. Lourd Capital LLC now owns 1,620 shares of the financial services provider’s stock worth $314,000 after purchasing an additional 55 shares in the last quarter. Finally, AMF Pensionsforsakring AB grew its position in CME Group by 3.7% in the 2nd quarter. AMF Pensionsforsakring AB now owns 253,834 shares of the financial services provider’s stock worth $49,272,000 after purchasing an additional 9,020 shares in the last quarter. 84.67% of the stock is owned by institutional investors.

In other news, CFO John W. Pietrowicz sold 2,500 shares of the business’s stock in a transaction dated Tuesday, July 9th. The shares were sold at an average price of $201.30, for a total transaction of $503,250.00. Following the completion of the sale, the chief financial officer now directly owns 32,854 shares of the company’s stock, valued at $6,613,510.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Timothy S. Bitsberger sold 700 shares of the business’s stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $194.35, for a total transaction of $136,045.00. Following the sale, the director now directly owns 9,421 shares of the company’s stock, valued at $1,830,971.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,873 shares of company stock valued at $9,467,749. Insiders own 1.20% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 10th were paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.45%. The ex-dividend date was Friday, June 7th. CME Group’s dividend payout ratio (DPR) is currently 43.99%.

CME Group Company Profile

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.

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Earnings History and Estimates for CME Group (NASDAQ:CME)

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CME Group (NASDAQ:CME) Given New $200.00 Price Target at Wells Fargo & Co

CME Group (NASDAQ:CME) had its price target lifted by Wells Fargo & Co from $176.00 to $200.00 in a report released on Wednesday, July 3rd, The …

CME Group Inc logoCME Group (NASDAQ:CME) had its price target lifted by Wells Fargo & Co from $176.00 to $200.00 in a report released on Wednesday, July 3rd, The Fly reports. Wells Fargo & Co currently has a market perform rating on the financial services provider’s stock.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. set a $45.00 target price on shares of Ciena and gave the company a buy rating in a report on Friday, March 22nd. Zacks Investment Research raised shares of GALP ENERGIA SG/ADR from a sell rating to a hold rating in a report on Monday, May 27th. Deutsche Bank lifted their target price on shares of T. Rowe Price Group from $91.00 to $94.00 and gave the company a hold rating in a report on Friday, March 15th. Barclays reissued a sell rating on shares of Royal Bank of Canada in a report on Thursday, May 23rd. Finally, Rosenblatt Securities downgraded shares of CME Group from a neutral rating to a sell rating in a report on Thursday, April 18th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $192.14.

Shares of CME Group stock opened at $206.41 on Wednesday. CME Group has a 1 year low of $158.35 and a 1 year high of $206.48. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market cap of $72.53 billion, a P/E ratio of 30.27, a P/E/G ratio of 4.59 and a beta of 0.23. The stock’s fifty day simple moving average is $196.63.

CME Group (NASDAQ:CME) last issued its earnings results on Wednesday, May 1st. The financial services provider reported $1.62 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.60 by $0.02. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.19 billion. CME Group had a net margin of 42.47% and a return on equity of 9.29%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.86 earnings per share. As a group, sell-side analysts anticipate that CME Group will post 6.7 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend was Friday, June 7th. CME Group’s dividend payout ratio is presently 43.99%.

In related news, insider Kathleen M. Cronin sold 4,960 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $186.69, for a total transaction of $925,982.40. Following the completion of the transaction, the insider now owns 49,337 shares of the company’s stock, valued at $9,210,724.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kevin Kometer sold 16,140 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $201.19, for a total transaction of $3,247,206.60. Following the sale, the insider now owns 72,122 shares of the company’s stock, valued at $14,510,225.18. The disclosure for this sale can be found here. In the last three months, insiders sold 48,873 shares of company stock valued at $9,467,749. Company insiders own 1.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in CME. FMR LLC boosted its stake in CME Group by 114.7% during the 4th quarter. FMR LLC now owns 6,198,088 shares of the financial services provider’s stock valued at $1,165,984,000 after acquiring an additional 3,310,989 shares during the last quarter. Norges Bank bought a new position in CME Group during the 4th quarter valued at $597,417,000. Bessemer Group Inc. boosted its stake in CME Group by 19,784.0% during the 4th quarter. Bessemer Group Inc. now owns 1,278,539 shares of the financial services provider’s stock valued at $240,518,000 after acquiring an additional 1,272,109 shares during the last quarter. Janus Henderson Group PLC boosted its stake in CME Group by 10.7% during the 1st quarter. Janus Henderson Group PLC now owns 6,229,661 shares of the financial services provider’s stock valued at $1,025,278,000 after acquiring an additional 603,645 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in CME Group by 12.9% during the 4th quarter. Geode Capital Management LLC now owns 4,715,269 shares of the financial services provider’s stock valued at $885,776,000 after acquiring an additional 537,917 shares during the last quarter. Institutional investors and hedge funds own 84.67% of the company’s stock.

About CME Group

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.

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Analyst Recommendations for CME Group (NASDAQ:CME)

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Balasa Dinverno & Foltz LLC Sells 1690 Shares of NVIDIA Co. (NASDAQ:NVDA)

Balasa Dinverno & Foltz LLC decreased its position in NVIDIA Co. (NASDAQ:NVDA) by 18.0% during the 1st quarter, according to the company in its …

NVIDIA logoBalasa Dinverno & Foltz LLC decreased its position in NVIDIA Co. (NASDAQ:NVDA) by 18.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,692 shares of the computer hardware maker’s stock after selling 1,690 shares during the period. Balasa Dinverno & Foltz LLC’s holdings in NVIDIA were worth $1,381,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Harvest Group Wealth Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in shares of NVIDIA in the 1st quarter worth about $33,000. Creative Financial Designs Inc. ADV increased its holdings in shares of NVIDIA by 181.2% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 194 shares of the computer hardware maker’s stock worth $35,000 after acquiring an additional 125 shares during the period. TD Capital Management LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth about $27,000. Finally, Paragon Capital Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter worth about $36,000. 67.51% of the stock is currently owned by institutional investors and hedge funds.

In other NVIDIA news, Director Harvey C. Jones sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $145.10, for a total transaction of $14,510,000.00. Following the completion of the transaction, the director now owns 32,983 shares of the company’s stock, valued at approximately $4,785,833.30. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Debora Shoquist sold 5,823 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $185.00, for a total value of $1,077,255.00. Following the transaction, the executive vice president now directly owns 171,783 shares of the company’s stock, valued at approximately $31,779,855. The disclosure for this sale can be found here. 4.64% of the stock is currently owned by insiders.

Shares of NVIDIA stock traded up $3.97 during trading on Thursday, reaching $163.23. The company’s stock had a trading volume of 10,502,775 shares, compared to its average volume of 13,993,321. The firm has a market capitalization of $99.41 billion, a PE ratio of 26.89, a P/E/G ratio of 3.85 and a beta of 2.03. NVIDIA Co. has a one year low of $124.46 and a one year high of $292.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 8.98 and a quick ratio of 7.78. The stock has a 50-day moving average of $150.85.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Thursday, May 16th. The computer hardware maker reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.07. NVIDIA had a return on equity of 31.27% and a net margin of 30.68%. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same period in the previous year, the company earned $2.05 EPS. The company’s revenue for the quarter was down 30.8% compared to the same quarter last year. Sell-side analysts forecast that NVIDIA Co. will post 4.19 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, May 31st were given a $0.16 dividend. The ex-dividend date of this dividend was Thursday, May 30th. This represents a $0.64 annualized dividend and a dividend yield of 0.39%. NVIDIA’s dividend payout ratio is presently 10.54%.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of NVIDIA from a “strong sell” rating to a “hold” rating in a research report on Monday, April 1st. TheStreet upgraded shares of NVIDIA from a “c+” rating to a “b-” rating in a research report on Thursday, April 4th. BidaskClub upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, March 22nd. Mizuho reiterated a “buy” rating and issued a $195.00 target price on shares of NVIDIA in a report on Wednesday, March 13th. Finally, DZ Bank cut shares of NVIDIA to a “sell” rating and set a $170.00 target price for the company. in a report on Friday, April 12th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-five have issued a buy rating to the stock. NVIDIA currently has a consensus rating of “Hold” and an average target price of $194.46.

NVIDIA Company Profile

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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