SVB Wealth LLC Buys 3,344 Shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY)

SVB Wealth LLC increased its stake in shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 32.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,692 shares of the company’s stock after purchasing an additional 3,344 shares during the quarter. SVB Wealth LLC’s holdings in Nintendo were worth $178,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. O Brien Greene & Co. Inc increased its position in shares of Nintendo by 3.8% during the 3rd quarter. O Brien Greene & Co. Inc now owns 32,925 shares of the company’s stock valued at $341,000 after purchasing an additional 1,200 shares during the last quarter. Fulton Bank N.A. bought a new position in shares of Nintendo during the 4th quarter valued at approximately $158,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Nintendo by 189.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,554 shares of the company’s stock valued at $57,000 after purchasing an additional 3,636 shares during the last quarter. Institutional investors own 0.02% of the company’s stock.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Nintendo from a “market perform” rating to an “outperform” rating in a research report on Monday, January 8th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Nintendo presently has an average rating of “Moderate Buy”.

Nintendo Stock Down 0.4 %

Shares of Nintendo stock opened at $12.08 on Wednesday. The stock’s fifty day moving average is $13.47 and its two-hundred day moving average is $12.58. The company has a market capitalization of $62.75 billion, a PE ratio of 16.11 and a beta of 0.39. Nintendo Co., Ltd. has a 52 week low of $10.03 and a 52 week high of $15.01.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. Nintendo had a return on equity of 20.77% and a net margin of 29.25%. The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $3.52 billion. As a group, research analysts anticipate that Nintendo Co., Ltd. will post 0.67 earnings per share for the current year.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.