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Fifth Third Bancorp increased its stake in NVIDIA Co. by 2.2% in the third quarter, owning 1,199,156 shares worth $521,621,000. Other hedge funds have also bought into NVIDIA, with 64.79% of the stock owned by institutions. The stock is up 2.5% and has a market cap of $1.52 trillion.

With a market cap of $1.52 trillion, NVIDIA stock opened at $613.62 on Thursday, high of $628.49, and low of $185.80. The company’s debt-to-equity ratio is 0.25, has a one year moving average price of $504.36, and is expected to post 11.08 earnings per share this year.

The computer hardware maker reported $4.02 EPS for the quarter, outperforming the consensus estimate of $3.03 by $0.99 with a revenue of $18.12 billion, up 205.5% from last year. NVIDIA also announced a quarterly dividend of $0.04 per share, giving a dividend yield of 0.03%.

Insider activity at NVIDIA includes Director Mark A. Stevens selling 155,216 shares of company stock valued at $79,810,950. Wall Street analysts have given the company a consensus rating of “Moderate Buy” and a consensus price target of $608.30. Presently, the stock has one sell rating, four holds, thirty-four buys, and one strong buy.

NVIDIA Corporation, a multinational company headquartered in Santa Clara, California, offers graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company’s Graphics segment offers GeForce GPUs for gaming and PCs, and Quadro GPUs for enterprise workstation graphics.



Read more: NVIDIA Co. (NASDAQ:NVDA) is Fifth Third Bancorp’s 5th Largest Position