Published: Tue, April 17, 2018
Science | By Joan Schultz

Morgan Stanley Upgrades Nvidia (NASDAQ:NVDA) to "Overweight"

Morgan Stanley Upgrades Nvidia (NASDAQ:NVDA) to

General Electric Company (NYSE:GE) has declined 54.35% since April 17, 2017 and is downtrending.

Barclays Plc decreased its stake in Nvidia Corp (Call) (NVDA) by 27.57% based on its latest 2017Q4 regulatory filing with the SEC. Over the last quarter, insiders have sold 195,017 shares of company stock valued at $21,081,014. The institutional investor held 53,959 shares of the prepackaged software company at the end of 2017Q4, valued at $4.62M, up from 47,289 at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $141.14 billion market cap company.

NVIDIA Corporation (NASDAQ:NVDA) stock slipped -$3.1 lower during the regular trading session on Friday, hitting $231.50.

Annual earnings per share (EPS) growth noted at 38.60% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 9.50% in coming 5 years.

NVIDIA Corporation (NVDA) received negative focus on Friday. NVDA outperformed the S&P500 by 96.78%.

Investors sentiment decreased to 1.02 in 2017 Q4. Its distance from 20-days simple moving average is -0.03 percent, and its distance from 50 days simple moving average is -1.9 percent while it has a distance of 15.71 percent from the 200 days simple moving average. 177 funds opened positions while 601 raised stakes. The Wisconsin-based Sva Plumb Wealth Mgmt Lc has invested 0.38% in Intel Corporation (NASDAQ:INTC). Boothbay Fund Mgmt Limited Liability Company reported 7,927 shs or 0.22% of all its holdings. The SI to ARITZIA INC ORDINARY SHARES CANADA's float is 0.82%. Girard Prns Limited holds 0.12% or 3,213 shares. Oregon Employees Retirement Fund owns 0.05% invested in Gartner, Inc. Baldwin Investment Management Ltd Limited Liability Company reported 0.07% stake. Smith Asset Management Ltd Partnership invested in 0.15% or 25,150 shares. Choate Inv holds 5,904 shares. Following the completion of the sale, the executive vice president now directly owns 201,796 shares in the company, valued at $48,320,052.20. Kayne Anderson Rudnick Invest Ltd Liability owns 140,782 shares. The computer hardware maker reported $1.72 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.16 by $0.56. Gulf Int Bancorp (Uk) has invested 0.04% in Gartner, Inc. Personal Cap Corporation reported 2,659 shares or 0.01% of all its holdings. On Thursday, March 8 Sondergaard Peter sold $664,174 worth of Gartner, Inc. (NYSE:CRM) or 15,000 shares. Kress Colette sold $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, December 13. North Star Investment Management Corp. now owns 634 shares of the computer hardware maker's stock worth $123,000 after acquiring an additional 255 shares in the last quarter. "Buy" rating has 14, "Sell" are 0, while 7 are "Hold". Therefore 78% are positive. Nvidia had 40 analyst reports since October 16, 2017 according to SRatingsIntel. The firm has "Neutral" rating given on Friday, November 6 by Roth Capital. RBC Capital Markets maintained it with "Outperform" rating and $34 target in Monday, November 30 report. The stock of salesforce.com, inc. Deutsche Bank raised their target price on Nvidia from $205.00 to $230.00 and gave the stock a "hold" rating in a research note on Friday, February 9th. The company rating was maintained by SunTrust on Tuesday, March 27. UBS maintained it with "Buy" rating and $16800 target in Thursday, June 8 report. As per Wednesday, January 24, the company rating was maintained by Stifel Nicolaus. (NYSE:CRM) has "Strong Buy" rating given on Thursday, May 19 by Raymond James. RBC Capital Markets has "Outperform" rating and $33 target. The company was maintained on Tuesday, August 8 by BMO Capital Markets. In Thursday, February 8 report Bernstein maintained the stock with "Buy" rating. Wells Fargo maintained Johnson & Johnson (NYSE:JNJ) on Friday, January 12 with "Buy" rating.

Merriman Wealth Management Llc, which manages about $1.58 billion and $409.69 million US Long portfolio, decreased its stake in Ishares Tr (EFAV) by 41,444 shares to 67,442 shares, valued at $4.92M in 2017Q4, according to the filing. It also increased its holding in Gamestop Corp New (NYSE:GME) by 328,681 shares in the quarter, for a total of 395,381 shares, and has risen its stake in Lincoln Natl Corp Ind (NYSE:LNC).

Since December 13, 2017, it had 0 buys, and 7 sales for $22.84 million activity. PERRY MARK L also sold $3.94 million worth of NVIDIA Corporation (NASDAQ:NVDA) shares. Also, EVP Debora Shoquist sold 32,049 shares of Nvidia stock in a transaction that occurred on Tuesday, March 27th. Its down 0.19, from 0.69 in 2017Q3. A statistical measure of the dispersion of returns (volatility) for NVDA producing salvation in Investors mouth, it has week volatility of 2.72% and for the month booked as 4.45%.

Hedge funds have recently added to or reduced their stakes in the company. 363.65 million shares or 6.07% less from 387.15 million shares in 2017Q3 were reported. Amalgamated Financial Bank holds 75,758 shares or 0.4% of its portfolio. Spectrum Management Group Inc. now owns 2,360 shares of the computer hardware maker's stock worth $457,000 after buying an additional 220 shares during the period. Nordea Invest Ab holds 0.05% or 115,494 shares. Looking at the big picture from the data above, the average analyst rating for NVIDIA Corporation is 2.30. Cibc Asset has 0.12% invested in NVIDIA Corporation (NASDAQ:NVDA) for 99,075 shares. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Tcw has 235,887 shares. Tigress Financial maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, February 14 with "Buy" rating. First Citizens Bank & Trust Co. boosted its position in shares of Nvidia by 4.5% in the fourth quarter. Moreover, Janney Montgomery Scott Ltd Limited Liability Company has 0.07% invested in NVIDIA Corporation (NASDAQ:NVDA) for 35,917 shares.

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