National Bank of Canada FI Has $144,000 Holdings in Opera Limited (NASDAQ:OPRA)

National Bank of Canada FI grew its position in Opera Limited (NASDAQ:OPRA) by 14.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,333 shares of the company’s stock after purchasing an additional 1,175 shares during the quarter. National Bank of Canada FI’s holdings in Opera were worth $144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in Opera by 135.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,062 shares of the company’s stock valued at $32,000 after purchasing an additional 1,186 shares during the period. Larson Financial Group LLC bought a new stake in shares of Opera in the third quarter valued at about $61,000. Blue Trust Inc. grew its stake in shares of Opera by 334.7% in the third quarter. Blue Trust Inc. now owns 4,177 shares of the company’s stock valued at $65,000 after acquiring an additional 3,216 shares in the last quarter. Quantbot Technologies LP bought a new position in Opera during the third quarter worth about $74,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Opera in the 2nd quarter worth about $112,000. Institutional investors and hedge funds own 10.21% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. TD Cowen raised their target price on shares of Opera from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. B. Riley reaffirmed a “buy” rating and issued a $25.00 price objective (up from $24.00) on shares of Opera in a report on Wednesday, October 30th. Lake Street Capital increased their target price on Opera from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group boosted their price target on Opera from $19.50 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $24.75.

Opera Trading Up 3.1 %

Shares of OPRA opened at $20.00 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 2.10. Opera Limited has a 52-week low of $10.11 and a 52-week high of $20.70. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 10.15 and a beta of 1.03. The business’s fifty day moving average is $17.82 and its 200-day moving average is $15.15.

Opera Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Monday, January 13th. Stockholders of record on Monday, January 6th will be issued a $0.40 dividend. The ex-dividend date is Monday, January 6th. This represents a dividend yield of 3.9%. Opera’s dividend payout ratio (DPR) is currently 39.59%.

Opera Company Profile

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.