Raymond James Financi (RJF) Stake Has Boosted by Tower Bridge Advisors; As Nvidia (NVDA) Stock Value Rose, Cmt Asset Management LTD Trimmed by $1.31 Million Its Holding

October 12, 2017 - By Peter Erickson

Cmt Asset Management Ltd decreased its stake in Nvidia Corp (NVDA) by 83.99% based on its latest 2017Q2 regulatory filing with the SEC. Cmt Asset Management Ltd sold 9,077 shares as the company’s stock rose 26.83% with the market. The hedge fund held 1,730 shares of the semiconductors company at the end of 2017Q2, valued at $250,000, down from 10,807 at the end of the previous reported quarter. Cmt Asset Management Ltd who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $115.00 billion market cap company. The stock rose 0.38% or $0.72 reaching $191.66. About 6.87M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since October 12, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Tower Bridge Advisors increased its stake in Raymond James Financi (RJF) by 5.61% based on its latest 2017Q2 regulatory filing with the SEC. Tower Bridge Advisors bought 4,779 shares as the company’s stock declined 7.42% while stock markets rallied. The institutional investor held 89,906 shares of the finance company at the end of 2017Q2, valued at $7.21 billion, up from 85,127 at the end of the previous reported quarter. Tower Bridge Advisors who had been investing in Raymond James Financi for a number of months, seems to be bullish on the $12.54 billion market cap company. The stock rose 0.29% or $0.25 reaching $86.64 per share. About 97,575 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 41.57% since October 12, 2016 and is uptrending. It has outperformed by 24.87% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q2. Its up 0.21, from 1 in 2017Q1. It increased, as 73 investors sold NVDA shares while 262 reduced holdings. 131 funds opened positions while 273 raised stakes. 388.29 million shares or 4.10% less from 404.87 million shares in 2017Q1 were reported. Axa has 0.57% invested in NVIDIA Corporation (NASDAQ:NVDA). Smithfield Trust stated it has 1,560 shares or 0.03% of all its holdings. Tocqueville Asset Mngmt Limited Partnership owns 0.37% invested in NVIDIA Corporation (NASDAQ:NVDA) for 214,192 shares. Asset Mgmt One has 868,190 shares. Cetera Advisor Netwr Ltd Liability Company owns 8,746 shares or 0.06% of their US portfolio. San Francisco Sentry Grp (Ca) reported 10,042 shares. Suffolk Capital Mgmt Limited Liability Company has invested 0.2% in NVIDIA Corporation (NASDAQ:NVDA). Fcg Ltd holds 0.07% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 1,413 shares. Strs Ohio accumulated 314,830 shares. Roundview Capital Limited Co owns 5,265 shares or 0.22% of their US portfolio. 104,000 are owned by Nikko Asset Management Americas Inc. Criterion Capital Ltd Llc holds 60,167 shares. Ingalls & Snyder Limited Liability Company reported 5,300 shares. Federated Invsts Pa holds 0.03% or 69,309 shares in its portfolio. Bokf Na invested in 14,657 shares.

Cmt Asset Management Ltd, which manages about $1.50 billion US Long portfolio, upped its stake in American Intl Group Inc (Put) by 16,000 shares to 57,400 shares, valued at $3.59M in 2017Q2, according to the filing. It also increased its holding in Twitter Inc (NYSE:TWTR) by 98,657 shares in the quarter, for a total of 174,000 shares, and has risen its stake in Citigroup Inc (Call).

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on November, 9. They expect $0.94 earnings per share, up 13.25% or $0.11 from last year’s $0.83 per share. NVDA’s profit will be $564.02M for 50.97 P/E if the $0.94 EPS becomes a reality. After $0.92 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Among 43 analysts covering Nvidia Corporation (NASDAQ:NVDA), 23 have Buy rating, 5 Sell and 15 Hold. Therefore 53% are positive. Nvidia Corporation had 152 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Monday, October 2. The rating was maintained by Deutsche Bank on Friday, August 12 with “Hold”. Jefferies upgraded the stock to “Buy” rating in Thursday, September 17 report. The stock has “Outperform” rating by Wedbush on Friday, February 12. The stock has “Buy” rating by UBS on Friday, August 12. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, May 30. Mizuho maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Friday, August 12. Mizuho has “Buy” rating and $66 target. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, June 28. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, November 8. The firm has “Neutral” rating given on Monday, February 6 by Roth Capital.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Nvidia Is Powered By Strong Momentum” on October 09, 2017, also Seekingalpha.com with their article: “Nvidia: The Essential Pursuit Of Drones, Oil And The Orient” published on October 06, 2017, Seekingalpha.com published: “Nvidia Signs Massive Deal With China’s Kingpins” on September 28, 2017. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: “Nvidia: Enemy At The Gate” published on September 25, 2017 as well as Fool.com‘s news article titled: “Intel Corporation Reportedly Snatches Tesla Inc. Biz Away From NVIDIA Corp.” with publication date: September 27, 2017.

Since May 11, 2017, it had 0 insider purchases, and 7 sales for $39.65 million activity. Puri Ajay K had sold 81,931 shares worth $11.46M. On Tuesday, May 30 the insider Shoquist Debora sold $9.23M. Another trade for 25,507 shares valued at $3.50M was made by Byron Michael on Friday, May 19. The insider Drell Persis sold $325,048. SEAWELL A BROOKE sold $434,980 worth of stock.

Among 11 analysts covering Raymond James Financial Inc. (NYSE:RJF), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Raymond James Financial Inc. had 31 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Buy” rating by Citigroup on Monday, October 26. Nomura upgraded the stock to “Buy” rating in Thursday, January 5 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 5. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Hold” rating by Wood on Thursday, May 25. The stock has “Outperform” rating by Credit Suisse on Monday, February 22. The stock of Raymond James Financial, Inc. (NYSE:RJF) has “Hold” rating given on Friday, April 7 by Wood. Keefe Bruyette & Woods maintained the shares of RJF in report on Monday, June 26 with “Hold” rating. The firm has “Neutral” rating by Nomura given on Monday, July 11. The stock of Raymond James Financial, Inc. (NYSE:RJF) has “Mkt Perform” rating given on Friday, October 28 by JMP Securities. Nomura maintained Raymond James Financial, Inc. (NYSE:RJF) rating on Thursday, July 13. Nomura has “Buy” rating and $90 target.

Tower Bridge Advisors, which manages about $1.11 billion and $872.24 million US Long portfolio, decreased its stake in Colgate Palmolive Co (NYSE:CL) by 5,075 shares to 104,795 shares, valued at $7.77B in 2017Q2, according to the filing. It also reduced its holding in Enterprise Prods Part (NYSE:EPD) by 3,184 shares in the quarter, leaving it with 216,814 shares, and cut its stake in Baxter International (NYSE:BAX).

Investors sentiment increased to 1.24 in Q2 2017. Its up 0.23, from 1.01 in 2017Q1. It improved, as 20 investors sold RJF shares while 133 reduced holdings. 55 funds opened positions while 134 raised stakes. 97.29 million shares or 1.33% less from 98.61 million shares in 2017Q1 were reported. Gulf Bank & Trust (Uk) Ltd invested in 0.05% or 39,611 shares. Hl Ser Ltd Liability owns 6,700 shares for 0.01% of their portfolio. Mutual Of America Cap Llc has 23,175 shares for 0.03% of their portfolio. Bowling Limited Com accumulated 49,012 shares. Parkwood Limited Liability invested in 4,064 shares. Hightower Limited Co holds 0.01% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 18,410 shares. Keybank National Association Oh invested in 9,538 shares. Cleararc invested 0.04% in Raymond James Financial, Inc. (NYSE:RJF). Moreover, Columbia Wanger Asset Mngmt Llc has 0.87% invested in Raymond James Financial, Inc. (NYSE:RJF). Commerce Savings Bank invested 0% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). 3,745 were accumulated by Greenwood Associates Ltd Limited Liability Company. Skylands Cap Limited Co reported 0.5% in Raymond James Financial, Inc. (NYSE:RJF). Td Asset Inc holds 46,360 shares. 38,128 were reported by Barclays Public Limited Company. Guinness Asset owns 0.05% invested in Raymond James Financial, Inc. (NYSE:RJF) for 3,030 shares.

More important recent Raymond James Financial, Inc. (NYSE:RJF) news were published by: Investmentnews.com which released: “Raymond James’ indy arm recruits husband-and-wife adviser team in Houston” on September 21, 2017, also Nasdaq.com published article titled: “The Zacks Analyst Blog Highlights: Mastercard, Raymond James Financial …”, Nasdaq.com published: “Raymond James Financial, Inc. (RJF) Ex-Dividend Date Scheduled for September …” on September 28, 2017. More interesting news about Raymond James Financial, Inc. (NYSE:RJF) was released by: Pehub.com and their article: “Raymond James opens new office in London” with publication date: October 02, 2017.

Since May 25, 2017, it had 0 insider buys, and 1 sale for $137,804 activity.

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