Baillie Gifford & Company Cut Its Nvidia (NVDA) Position; Johnson Outdoors (JOUT)’s Sentiment Is 1.42

October 18, 2017 - By Richard Conner

Johnson Outdoors Inc. is a manufacturer and marketer of branded seasonal, outdoor recreation products. The company has market cap of $722.03 million. The Firm operates through four divisions: Marine Electronics, Outdoor Equipment, Watercraft and Diving. It has a 28.15 P/E ratio. The Company’s Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon.

Baillie Gifford & Company decreased Nvidia (NVDA) stake by 9.99% reported in 2017Q2 SEC filing. Baillie Gifford & Company sold 1.39 million shares as Nvidia (NVDA)’s stock rose 26.83%. The Baillie Gifford & Company holds 12.49 million shares with $1.81 billion value, down from 13.88M last quarter. Nvidia now has $118.65 billion valuation. The stock decreased 0.09% or $0.18 during the last trading session, reaching $197.75. About 1,402 shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since October 18, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Investors sentiment increased to 1.21 in Q2 2017. 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. California-based Baker Avenue Asset Management Lp has invested 0.14% in NVIDIA Corporation (NASDAQ:NVDA). Cim Investment Mangement holds 0.31% in NVIDIA Corporation (NASDAQ:NVDA) or 5,965 shares. Virtus Inv Advisers has 0.23% invested in NVIDIA Corporation (NASDAQ:NVDA) for 16,391 shares. 49,504 are owned by Private Wealth Prtnrs Ltd Llc. Amer Rech & Mngmt invested in 0.69% or 14,460 shares. Sumitomo Mitsui Tru Hldgs owns 1.76 million shares. Clinton Grp accumulated 4,433 shares. Qs Invsts Limited Liability owns 20,596 shares for 0.03% of their portfolio. Concorde Asset Mgmt Lc stated it has 0.28% in NVIDIA Corporation (NASDAQ:NVDA). Qci Asset Mngmt owns 103,206 shares. Granite Point Mngmt LP has invested 0.28% in NVIDIA Corporation (NASDAQ:NVDA). 44,205 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt. Wealthfront Inc holds 0.05% or 21,916 shares in its portfolio. Highland Capital Limited Liability holds 0.05% or 4,159 shares in its portfolio. California-based Grassi Invest Management has invested 1.96% in NVIDIA Corporation (NASDAQ:NVDA).

Among 43 analysts covering Nvidia Corporation (NASDAQ:NVDA), 23 have Buy rating, 5 Sell and 15 Hold. Therefore 53% are positive. Nvidia Corporation had 154 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Hold” rating given on Sunday, September 24 by Stifel Nicolaus. The company was maintained on Monday, August 7 by B. Riley & Co. The stock has “Neutral” rating by Suntrust Robinson on Tuesday, September 20. The rating was maintained by Barclays Capital on Wednesday, August 10 with “Underweight”. As per Friday, May 13, the company rating was upgraded by Roth Capital. The firm earned “Buy” rating on Monday, November 16 by Canaccord Genuity. Citigroup initiated NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, November 2 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Friday, August 7. Instinet downgraded the shares of NVDA in report on Thursday, February 23 to “Reduce” rating. Macquarie Research upgraded NVIDIA Corporation (NASDAQ:NVDA) on Monday, August 3 to “Outperform” rating.

Baillie Gifford & Company increased Invesco Senior Income Trust (VVR) stake by 707,190 shares to 10.10 million valued at $46.07M in 2017Q2. It also upped Wayfair Inc Class A (NYSE:W) stake by 102,460 shares and now owns 1.91M shares. Fortive Corp was raised too.

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 $564.00 million for 52.59 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.

Since May 11, 2017, it had 0 insider purchases, and 7 selling transactions for $39.65 million activity. 25,507 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $3.50 million were sold by Byron Michael. Puri Ajay K also sold $11.46M worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, May 23. COXE TENCH sold $8.23 million worth of stock. 2,500 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $325,048 were sold by Drell Persis. 63,717 shares were sold by Shoquist Debora, worth $9.23M. $434,980 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by SEAWELL A BROOKE.

Johnson Financial Group Inc. holds 12.98% of its portfolio in Johnson Outdoors Inc. for 1.87 million shares. Thomson Horstmann & Bryant Inc owns 259,800 shares or 1.62% of their US portfolio. Moreover, Morgan Dempsey Capital Management Llc has 0.91% invested in the company for 52,157 shares. The Illinois-based North Star Investment Management Corp. has invested 0.43% in the stock. Tfs Capital Llc, a Pennsylvania-based fund reported 20,567 shares.

Analysts await Johnson Outdoors Inc. (NASDAQ:JOUT) to report earnings on December, 11. They expect $0.01 EPS, up 104.76% or $0.22 from last year’s $-0.21 per share. JOUT’s profit will be $99,963 for 1805.75 P/E if the $0.01 EPS becomes a reality. After $1.65 actual EPS reported by Johnson Outdoors Inc. for the previous quarter, Wall Street now forecasts -99.39% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $54,545 activity.

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