Fintel reports that Keybanc maintained coverage of NVIDIA (NASDAQ:NVDA) with an Overweight recommendation on April 11, 2023. The average one-year price target for NVIDIA is $279.67, representing a 1.41% increase. The projected annual revenue for NVIDIA is $30,001MM, with a 11.22% increase, and the non-GAAP EPS is projected at $4.40.

NVIDIA declared a regular quarterly dividend of $0.04 per share ($0.16 annualized) on February 22, 2023. The dividend yield at the current share price of $275.79/share is 0.06%. The company’s dividend payout ratio is 0.09, indicating room for potential growth in dividend payments.

In terms of shareholder activity, Nationwide S&P 500 Risk-Managed Income ETF holds 2K shares of NVIDIA, representing 0.00% ownership. Other institutions like MainStay MacKay S&P 500 Index Fund, Mogy Joel R Investment Counsel, and Centaurus Financial have also made changes to their portfolio allocations in NVDA.

There are 4529 funds or institutions reporting positions in NVIDIA, with an increase of 217 owners or 5.03% in the last quarter. The average portfolio weight of all funds dedicated to NVDA is 0.94%, indicating a strong investor interest. The total shares owned by institutions increased by 2.35% in the last three months to 1,789,472K shares.

NVIDIA, a pioneer of GPU-accelerated computing, specializes in products for gaming, professional visualization, data center, and automotive markets. Loved by gamers, designers, and scientists, NVIDIA’s work is at the center of major technological advancements. The put/call ratio of NVDA is 1.14, suggesting a bearish outlook according to recent data.

Read more at Nasdaq: Keybanc Maintains NVIDIA (NVDA) Overweight Recommendation