Ballentine Partners LLC Grows Stake in NVIDIA Co. (NASDAQ:NVDA)

Ballentine Partners LLC lifted its position in NVIDIA Co. (NASDAQ:NVDA) by 28.1% during the second quarter, HoldingsChannel.com reports.

NVIDIA logoBallentine Partners LLC lifted its position in NVIDIA Co. (NASDAQ:NVDA) by 28.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,608 shares of the computer hardware maker’s stock after purchasing an additional 792 shares during the period. Ballentine Partners LLC’s holdings in NVIDIA were worth $593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in NVDA. Thor Advisors LLC purchased a new position in NVIDIA during the first quarter valued at $29,000. Harvest Group Wealth Management LLC purchased a new position in NVIDIA during the first quarter valued at $30,000. Truvestments Capital LLC purchased a new position in NVIDIA during the first quarter valued at $33,000. Field & Main Bank purchased a new position in NVIDIA during the second quarter valued at $33,000. Finally, Sound Income Strategies LLC lifted its position in NVIDIA by 96.2% during the second quarter. Sound Income Strategies LLC now owns 204 shares of the computer hardware maker’s stock valued at $34,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 67.47% of the company’s stock.

In other news, CFO Colette Kress sold 2,236 shares of NVIDIA stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $164.01, for a total value of $366,726.36. Following the sale, the chief financial officer now directly owns 239,710 shares of the company’s stock, valued at $39,314,837.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Harvey C. Jones sold 100,000 shares of NVIDIA stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $145.10, for a total value of $14,510,000.00. Following the completion of the sale, the director now directly owns 32,983 shares in the company, valued at $4,785,833.30. The disclosure for this sale can be found here. Insiders sold 104,736 shares of company stock worth $15,293,726 over the last ninety days. Insiders own 4.64% of the company’s stock.

Shares of NVDA stock opened at $152.35 on Wednesday. NVIDIA Co. has a 12-month low of $124.46 and a 12-month high of $292.76. The company has a quick ratio of 7.78, a current ratio of 8.98 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average price of $163.78. The company has a market capitalization of $92.78 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 4.13 and a beta of 2.07.

NVIDIA (NASDAQ:NVDA) last issued 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 firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.20 billion. During the same period in the previous year, the firm posted $2.05 earnings per share. The business’s revenue was down 30.8% compared to the same quarter last year. As a group, research analysts forecast that NVIDIA Co. will post 4.16 EPS for the current fiscal year.

Several equities analysts recently weighed in on the company. Barclays lowered their target price on NVIDIA from $220.00 to $180.00 and set an “overweight” rating on the stock in a research report on Thursday, June 6th. Royal Bank of Canada lifted their target price on NVIDIA to $200.00 and gave the company an “outperform” rating in a research report on Monday, May 13th. Summit Redstone downgraded NVIDIA to a “hold” rating in a research report on Friday, May 17th. Cascend Securities upgraded NVIDIA from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a research report on Thursday, July 11th. Finally, Summit Insights downgraded NVIDIA from a “buy” rating to a “hold” rating and set a $158.57 target price on the stock. in a research report on Friday, May 17th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-six have issued a buy rating to the company. NVIDIA presently has a consensus rating of “Buy” and an average price target of $194.34.

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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Ion Asset Management Ltd. Acquires Shares of 60000 Crowdstrike Holdings Inc (NASDAQ:CRWD)

Ion Asset Management Ltd. acquired a new stake in Crowdstrike Holdings Inc (NASDAQ:CRWD) during the second quarter, Holdings Channel.com …

Crowdstrike logoIon Asset Management Ltd. acquired a new stake in Crowdstrike Holdings Inc (NASDAQ:CRWD) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 60,000 shares of the company’s stock, valued at approximately $4,097,000. Crowdstrike comprises 1.0% of Ion Asset Management Ltd.’s investment portfolio, making the stock its 8th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in CRWD. Artemis Investment Management LLP purchased a new position in shares of Crowdstrike during the second quarter valued at about $2,725,000. Commonwealth Equity Services LLC purchased a new position in shares of Crowdstrike during the second quarter valued at about $412,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Crowdstrike during the second quarter valued at about $302,000. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Several brokerages recently issued reports on CRWD. Stifel Nicolaus boosted their price target on shares of Crowdstrike from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, July 19th. JMP Securities began coverage on shares of Crowdstrike in a research report on Monday, July 8th. They set an “outperform” rating and a $80.00 price target on the stock. Needham & Company LLC boosted their price target on shares of Crowdstrike from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Goldman Sachs Group began coverage on shares of Crowdstrike in a research report on Monday, July 8th. They set a “neutral” rating and a $66.00 price target on the stock. Finally, Royal Bank of Canada began coverage on shares of Crowdstrike in a research report on Monday, July 8th. They set a “sector perform” rating and a $70.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $84.47.

In other Crowdstrike news, major shareholder Capitalg Lp acquired 140,000 shares of the business’s stock in a transaction on Friday, June 14th. The shares were acquired at an average price of $34.00 per share, for a total transaction of $4,760,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi acquired 650,000 shares of the business’s stock in a transaction on Friday, June 14th. The stock was acquired at an average price of $34.00 per share, for a total transaction of $22,100,000.00. The disclosure for this purchase can be found here.

Shares of CRWD opened at $85.48 on Tuesday. Crowdstrike Holdings Inc has a fifty-two week low of $56.00 and a fifty-two week high of $96.19. The business has a 50-day simple moving average of $76.39.

Crowdstrike (NASDAQ:CRWD) last announced its quarterly earnings data on Thursday, July 18th. The company reported ($0.47) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.16). The business had revenue of $96.10 million for the quarter, compared to analyst estimates of $95.60 million. The business’s revenue was up 103.2% on a year-over-year basis. As a group, equities analysts expect that Crowdstrike Holdings Inc will post -1.07 EPS for the current year.

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Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

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BB&T Corp Has $1.96 Million Stock Holdings in Robert Half International Inc. (NYSE:RHI)

AQR Capital Management LLC increased its position in Robert Half International by 11.3% during the 1st quarter. AQR Capital Management LLC now …

Robert Half International logoBB&T Corp trimmed its stake in shares of Robert Half International Inc. (NYSE:RHI) by 28.0% in the second quarter, Holdings Channel.com reports. The firm owned 34,300 shares of the business services provider’s stock after selling 13,359 shares during the quarter. BB&T Corp’s holdings in Robert Half International were worth $1,956,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in Robert Half International by 4.6% during the 1st quarter. BlackRock Inc. now owns 10,311,422 shares of the business services provider’s stock worth $671,892,000 after purchasing an additional 450,686 shares in the last quarter. AQR Capital Management LLC increased its position in Robert Half International by 11.3% during the 1st quarter. AQR Capital Management LLC now owns 6,672,856 shares of the business services provider’s stock worth $434,804,000 after purchasing an additional 676,123 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its position in Robert Half International by 0.6% during the 1st quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 2,560,299 shares of the business services provider’s stock worth $166,829,000 after purchasing an additional 15,690 shares in the last quarter. AJO LP increased its position in Robert Half International by 32.8% during the 1st quarter. AJO LP now owns 2,272,322 shares of the business services provider’s stock worth $148,065,000 after purchasing an additional 561,556 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Robert Half International by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 2,194,121 shares of the business services provider’s stock worth $125,344,000 after purchasing an additional 27,335 shares in the last quarter. Institutional investors and hedge funds own 97.30% of the company’s stock.

RHI opened at $55.99 on Tuesday. Robert Half International Inc. has a fifty-two week low of $52.79 and a fifty-two week high of $79.91. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 1.88 and a beta of 1.32. The stock’s 50 day simple moving average is $58.10.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, July 23rd. The business services provider reported $0.98 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.98. Robert Half International had a net margin of 7.64% and a return on equity of 41.46%. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the firm posted $0.89 EPS. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. As a group, analysts expect that Robert Half International Inc. will post 3.94 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Thursday, August 22nd. Robert Half International’s payout ratio is 34.35%.

A number of equities analysts recently issued reports on RHI shares. BMO Capital Markets upped their price objective on shares of Robert Half International from $62.00 to $64.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 24th. Zacks Investment Research cut shares of Robert Half International from a “hold” rating to a “sell” rating and set a $66.00 price objective for the company. in a research report on Thursday, July 25th. Royal Bank of Canada started coverage on shares of Robert Half International in a research report on Tuesday, April 16th. They set a “sector perform” rating for the company. Finally, Nomura upped their price objective on shares of Robert Half International from $69.00 to $72.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $67.33.

Robert Half International Profile

Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.

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Institutional Ownership by Quarter for Robert Half International (NYSE:RHI)

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AES Corp (NYSE:AES) Shares Sold by Artemis Investment Management LLP

Millennium Management LLC boosted its position in AES by 6,818.6% during the fourth quarter. Millennium Management LLC now owns 784,087 …

AES logoArtemis Investment Management LLP cut its holdings in shares of AES Corp (NYSE:AES) by 43.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 677,792 shares of the utilities provider’s stock after selling 521,100 shares during the period. Artemis Investment Management LLP owned approximately 0.10% of AES worth $11,328,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AES. Geode Capital Management LLC boosted its position in shares of AES by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 9,484,866 shares of the utilities provider’s stock worth $136,934,000 after acquiring an additional 691,153 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new stake in AES during the fourth quarter valued at about $257,000. Millennium Management LLC boosted its position in AES by 6,818.6% during the fourth quarter. Millennium Management LLC now owns 784,087 shares of the utilities provider’s stock valued at $11,338,000 after purchasing an additional 772,754 shares in the last quarter. State of Alaska Department of Revenue boosted its position in AES by 4.5% during the first quarter. State of Alaska Department of Revenue now owns 118,662 shares of the utilities provider’s stock valued at $2,143,000 after purchasing an additional 5,066 shares in the last quarter. Finally, DNB Asset Management AS boosted its position in AES by 52.2% during the first quarter. DNB Asset Management AS now owns 170,500 shares of the utilities provider’s stock valued at $3,083,000 after purchasing an additional 58,500 shares in the last quarter. Institutional investors and hedge funds own 93.42% of the company’s stock.

In other news, insider Jeffrey W. Ubben acquired 2,582,000 shares of AES stock in a transaction dated Monday, May 13th. The stock was purchased at an average cost of $16.10 per share, for a total transaction of $41,570,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey W. Ubben acquired 2,482,000 shares of AES stock in a transaction dated Thursday, May 9th. The stock was purchased at an average price of $16.11 per share, with a total value of $39,985,020.00. The disclosure for this purchase can be found here. 1.06% of the stock is currently owned by company insiders.

AES has been the topic of a number of recent research reports. Zacks Investment Research raised AES from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Tuesday, June 4th. ValuEngine downgraded AES from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Argus raised AES from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. Finally, Bank of America raised AES from an “underperform” rating to a “neutral” rating and set a $16.57 price objective on the stock in a research report on Thursday, June 20th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. AES has an average rating of “Hold” and a consensus target price of $16.02.

Shares of NYSE AES opened at $16.32 on Tuesday. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.21 and a current ratio of 1.34. The firm has a market capitalization of $11.17 billion, a P/E ratio of 13.16, a PEG ratio of 1.48 and a beta of 1.03. The business has a 50-day simple moving average of $16.93. AES Corp has a fifty-two week low of $13.00 and a fifty-two week high of $18.52.

AES (NYSE:AES) last issued its quarterly earnings results on Tuesday, May 7th. The utilities provider reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.02). The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.47 billion. AES had a return on equity of 19.05% and a net margin of 6.32%. AES’s revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.28 EPS. On average, analysts expect that AES Corp will post 1.34 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st will be issued a $0.137 dividend. This represents a $0.55 annualized dividend and a yield of 3.36%. The ex-dividend date is Wednesday, July 31st. This is an increase from AES’s previous quarterly dividend of $0.14. AES’s dividend payout ratio (DPR) is currently 44.35%.

About AES

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

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Institutional Ownership by Quarter for AES (NYSE:AES)

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Short Interest in BlueLinx Holdings Inc. (NYSE:BXC) Decreases By 7.4%

WINTON GROUP Ltd boosted its position in shares of BlueLinx by 28.7% in the 2nd quarter. WINTON GROUP Ltd now owns 12,974 shares of the …

BlueLinx logoBlueLinx Holdings Inc. (NYSE:BXC) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totalling 2,303,100 shares, a decrease of 7.4% from the June 15th total of 2,485,900 shares. Approximately 26.1% of the shares of the company are short sold. Based on an average trading volume of 141,900 shares, the short-interest ratio is currently 16.2 days.

A number of equities analysts have recently issued reports on the company. ValuEngine raised BlueLinx from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. TheStreet cut BlueLinx from a “c” rating to a “d+” rating in a report on Monday, April 8th.

BXC stock opened at $21.83 on Tuesday. The company’s fifty day simple moving average is $20.06. BlueLinx has a fifty-two week low of $17.88 and a fifty-two week high of $43.89.

BlueLinx (NYSE:BXC) last released its quarterly earnings results on Wednesday, May 8th. The construction company reported ($0.30) earnings per share for the quarter. The business had revenue of $638.70 million for the quarter. BlueLinx had a negative net margin of 1.35% and a negative return on equity of 606.34%.

In other news, major shareholder Nokomis Capital, L.L.C. purchased 2,335 shares of the business’s stock in a transaction on Tuesday, July 9th. The stock was purchased at an average price of $18.60 per share, with a total value of $43,431.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 5.07% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC bought a new position in BlueLinx in the 2nd quarter valued at $25,000. BNP Paribas Arbitrage SA boosted its position in shares of BlueLinx by 398.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,859 shares of the construction company’s stock worth $50,000 after purchasing an additional 1,486 shares during the last quarter. Bank of America Corp DE boosted its position in shares of BlueLinx by 47.5% in the 4th quarter. Bank of America Corp DE now owns 12,242 shares of the construction company’s stock worth $303,000 after purchasing an additional 3,941 shares during the last quarter. WINTON GROUP Ltd boosted its position in shares of BlueLinx by 28.7% in the 2nd quarter. WINTON GROUP Ltd now owns 12,974 shares of the construction company’s stock worth $257,000 after purchasing an additional 2,894 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of BlueLinx by 13.6% in the 4th quarter. California Public Employees Retirement System now owns 18,551 shares of the construction company’s stock worth $458,000 after purchasing an additional 2,225 shares during the last quarter. Hedge funds and other institutional investors own 82.04% of the company’s stock.

BlueLinx Company Profile

BlueLinx Holdings Inc, together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, spruce, and other wood products primarily used for structural support, walls, and flooring in construction projects; and specialty products comprising engineered wood, moulding, siding, cedar, metal, and insulation products.

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