Nvidia Corp. (NVDA) Shareholder Primecap Management Company Has Trimmed Its Position by $339.02 Million; Kimberly Clark (KMB) Market Valuation Declined While Andra Ap-Fonden Boosted Holding by $1.84 Million

January 17, 2018 - By Dolores Ford

Primecap Management Company decreased its stake in Nvidia Corp. (NVDA) by 11.49% based on its latest 2017Q3 regulatory filing with the SEC. Primecap Management Company sold 1.90M shares as the company’s stock rose 26.83% with the market. The institutional investor held 14.67M shares of the semiconductors company at the end of 2017Q3, valued at $2.62B, down from 16.58M at the end of the previous reported quarter. Primecap Management Company who had been investing in Nvidia Corp. for a number of months, seems to be less bullish one the $135.18B market cap company. The stock increased 1.34% or $2.96 during the last trading session, reaching $223.07. About 10.18M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since January 17, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

Andra Ap-Fonden increased its stake in Kimberly Clark Corp (KMB) by 14.95% based on its latest 2017Q3 regulatory filing with the SEC. Andra Ap-Fonden bought 15,700 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 120,700 shares of the containers and packaging company at the end of 2017Q3, valued at $14.20 million, up from 105,000 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Kimberly Clark Corp for a number of months, seems to be bullish on the $41.12 billion market cap company. The stock increased 2.32% or $2.65 during the last trading session, reaching $116.91. About 1.91 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since January 17, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Primecap Management Company, which manages about $87.86B and $120.82B US Long portfolio, upped its stake in Mattel Inc (NASDAQ:MAT) by 17.11 million shares to 36.78 million shares, valued at $569.40M in 2017Q3, according to the filing. It also increased its holding in Bristol (NYSE:BMY) by 59,900 shares in the quarter, for a total of 6.37M shares, and has risen its stake in T (NYSE:TMUS).

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.09, from 1.21 in 2017Q2. It increased, as 45 investors sold NVDA shares while 282 reduced holdings. 127 funds opened positions while 298 raised stakes. 387.15 million shares or 0.29% less from 388.29 million shares in 2017Q2 were reported. Panagora Asset Incorporated holds 165,145 shares. Sanctuary Wealth Advisors Limited Liability Company reported 22,248 shares. Guardian Life Insur Company Of America holds 0.04% in NVIDIA Corporation (NASDAQ:NVDA) or 1,364 shares. Athena Advsr Ltd Limited Liability Company invested in 0.06% or 1,374 shares. Advsr Preferred Ltd Llc has 1,706 shares. Citigroup Incorporated holds 0.05% or 358,153 shares. Hap Trading Limited Liability Company holds 37,022 shares. Oakworth Cap invested in 0.01% or 345 shares. Chemical Bank holds 4,318 shares or 0.09% of its portfolio. Alpha Cubed Investments invested in 4,846 shares or 0.13% of the stock. Savant Cap Lc stated it has 1,860 shares. Dupont Cap Mgmt owns 53,771 shares for 0.22% of their portfolio. Baystate Wealth Management Limited Liability Corporation holds 0.01% or 170 shares in its portfolio. 38,643 are held by Picton Mahoney Asset Mngmt. Moreover, Hwg Hldgs Limited Partnership has 1.05% invested in NVIDIA Corporation (NASDAQ:NVDA).

Since August 14, 2017, it had 0 buys, and 12 sales for $81.59 million activity. 100,000 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $18.57 million were sold by JONES HARVEY C. The insider HUANG JEN HSUN sold 110,000 shares worth $18.27 million. The insider Byron Michael sold 9,538 shares worth $1.71M. Shares for $119,427 were sold by Drell Persis on Wednesday, December 20. Shares for $6.34M were sold by Shoquist Debora on Tuesday, October 10. PERRY MARK L also sold $2.64M worth of NVIDIA Corporation (NASDAQ:NVDA) shares.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on February, 8. They expect $1.15 earnings per share, up 16.16% or $0.16 from last year’s $0.99 per share. NVDA’s profit will be $696.90M for 48.49 P/E if the $1.15 EPS becomes a reality. After $1.33 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -13.53% negative EPS growth.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 4 Sell and 15 Hold. Therefore 57% are positive. Nvidia Corporation had 175 analyst reports since August 3, 2015 according to SRatingsIntel. As per Wednesday, October 4, the company rating was maintained by Barclays Capital. Roth Capital maintained the stock with “Neutral” rating in Friday, November 6 report. The company was upgraded on Friday, May 13 by Topeka Capital Markets. Susquehanna maintained it with “Hold” rating and $185.0 target in Friday, November 10 report. On Thursday, August 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Tuesday, September 5, the company rating was maintained by KeyBanc Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, June 21 report. The rating was initiated by Goldman Sachs with “Buy” on Thursday, June 2. Goldman Sachs maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, January 5 with “Buy” rating. The firm earned “Hold” rating on Friday, November 10 by Stifel Nicolaus.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.01, from 0.97 in 2017Q2. It worsened, as 64 investors sold KMB shares while 404 reduced holdings. 84 funds opened positions while 363 raised stakes. 245.40 million shares or 1.70% more from 241.30 million shares in 2017Q2 were reported. Rocky Mountain Advisers Limited Liability stated it has 0.75% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). 8,500 were accumulated by Highvista Strategies Ltd. Winslow Evans Crocker reported 1,394 shares or 0.05% of all its holdings. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.09% invested in Kimberly-Clark Corporation (NYSE:KMB). Salem Investment Counselors, a North Carolina-based fund reported 3,050 shares. Acropolis Mngmt Lc owns 8,597 shares or 0.11% of their US portfolio. Parsons Capital Mngmt Inc Ri invested in 0.09% or 6,294 shares. Fiduciary Tru owns 26,516 shares or 0.1% of their US portfolio. Voloridge Inv Ltd Liability holds 0.59% or 223,643 shares in its portfolio. Rfg Advisory Grp Limited Liability reported 0.37% in Kimberly-Clark Corporation (NYSE:KMB). Genesee Valley accumulated 0.11% or 2,220 shares. 79,077 were reported by Susquehanna Grp Limited Liability Partnership. Bradley Foster & Sargent Inc Ct owns 45,108 shares. S&Co has 0.49% invested in Kimberly-Clark Corporation (NYSE:KMB). First Citizens Retail Bank Co invested 0.03% in Kimberly-Clark Corporation (NYSE:KMB).

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