First Mercantile Trust Co Boosted By $648,098 Its Nvidia (NVDA) Holding; Washingtonfirst Bankshares (WFBI)’s Sentiment Is 2.13

February 15, 2018 - By Kurt Siggers

First Mercantile Trust Co increased Nvidia Corp (NVDA) stake by 67.76% reported in 2017Q3 SEC filing. First Mercantile Trust Co acquired 3,641 shares as Nvidia Corp (NVDA)’s stock rose 26.83%. The First Mercantile Trust Co holds 9,014 shares with $1.61 million value, up from 5,373 last quarter. Nvidia Corp now has $148.79 billion valuation. The stock increased 1.70% or $4.11 during the last trading session, reaching $245.53. About 15.84 million shares traded or 5.83% up from the average. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since February 15, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

WashingtonFirst Bankshares, Inc. operates as the holding firm for WashingtonFirst Bank that provides commercial banking services and products to small-to-medium sized businesses, not-for-profit organizations, professional service firms, and individuals in Washington, D.C. metropolitan area. The company has market cap of $448.95 million. The firm offers various deposit products, including business and personal checking, NOW accounts, tiered savings, money market and time deposit accounts, and individual retirement accounts. It has a 22.69 P/E ratio. It also provides commercial real estate loans, residential real estate loans, commercial and industrial loans, construction and development loans, and consumer loans.

Endicott Management Co holds 25.18% of its portfolio in WashingtonFirst Bankshares, Inc. for 1.20 million shares. Basswood Capital Management L.L.C. owns 636,651 shares or 1.04% of their US portfolio. Moreover, Evermay Wealth Management Llc has 0.7% invested in the company for 45,461 shares. The New York-based Grace & White Inc Ny has invested 0.64% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 227,760 shares.

It closed at $34.26 lastly. It is up 61.27% since February 15, 2017 and is uptrending. It has outperformed by 44.57% the S&P500.

Since January 1, 0001, it had 0 buys, and 7 insider sales for $1.84 million activity.

First Mercantile Trust Co decreased Commscope Holding Co Inc (NASDAQ:COMM) stake by 13,329 shares to 5,700 valued at $189,000 in 2017Q3. It also reduced Celgene Corp (NASDAQ:CELG) stake by 3,573 shares and now owns 39,120 shares. Ishares Russell 2000 Etf (IWM) was reduced too.

Since August 14, 2017, it had 0 insider purchases, and 11 selling transactions for $78.95 million activity. Another trade for 409 shares valued at $69,943 was sold by Byron Michael. $9.48M worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by COXE TENCH. Another trade for 606 shares valued at $119,427 was sold by Drell Persis. $5.11M worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by SEAWELL A BROOKE. Shares for $6.34 million were sold by Shoquist Debora. 80,250 shares valued at $15.02 million were sold by STEVENS MARK A on Wednesday, September 20. 171 shares were sold by Kress Colette, worth $31,732.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.09, from 1.21 in 2017Q2. It is positive, 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. Capital One National Association holds 0.06% or 4,836 shares. 1.35M were reported by Hsbc Hldgs Pcl. Wealthtrust owns 575 shares. 20,504 were reported by Patten Grp Inc. Oarsman Incorporated accumulated 0.09% or 1,138 shares. Partner Fund Management Limited Partnership holds 124,434 shares. Forte Lc Adv holds 1,857 shares. Trustmark Natl Bank Tru Department has 0.03% invested in NVIDIA Corporation (NASDAQ:NVDA) for 1,435 shares. Northeast Mgmt accumulated 30,094 shares or 0.48% of the stock. Retirement Of Alabama has invested 0.27% in NVIDIA Corporation (NASDAQ:NVDA). 2,299 were accumulated by Coldstream Mngmt. Goldman Sachs Gp holds 0.18% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 4.04M shares. State Board Of Administration Of Florida Retirement Sys invested in 829,595 shares. Tocqueville Asset Management Lp holds 0.45% or 218,952 shares in its portfolio. Fairfield Bush has invested 0.2% in NVIDIA Corporation (NASDAQ:NVDA).

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 3 Sell and 16 Hold. Therefore 57% are positive. Nvidia Corporation had 185 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Mizuho on Friday, July 15. BMO Capital Markets maintained it with “Hold” rating and $225.0 target in Friday, February 9 report. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, November 6 report. Canaccord Genuity maintained it with “Buy” rating and $15500 target in Wednesday, June 21 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, October 27. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Monday, July 10 by Needham. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, February 8 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Sell” rating given on Friday, August 11 by Wells Fargo. The stock has “Neutral” rating by Roth Capital on Monday, October 12. The rating was maintained by Tigress Financial with “Buy” on Wednesday, August 23.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: