GAMMA Investing LLC Takes $90,000 Position in Nintendo Co., Ltd. (OTCMKTS:NTDOY)

GAMMA Investing LLC purchased a new stake in Nintendo Co., Ltd. (OTCMKTS:NTDOY) in the fourth quarter, Holdings Channel reports. The firm purchased 6,493 shares of the company’s stock, valued at approximately $90,000.

A number of other institutional investors have also made changes to their positions in NTDOY. PNC Financial Services Group Inc. increased its holdings in shares of Nintendo by 189.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,554 shares of the company’s stock valued at $57,000 after acquiring an additional 3,636 shares during the last quarter. Fulton Bank N.A. acquired a new position in Nintendo during the 4th quarter valued at approximately $158,000. SVB Wealth LLC boosted its position in Nintendo by 32.3% during the 4th quarter. SVB Wealth LLC now owns 13,692 shares of the company’s stock valued at $178,000 after purchasing an additional 3,344 shares during the period. Cable Hill Partners LLC acquired a new position in Nintendo during the 4th quarter valued at approximately $205,000. Finally, O Brien Greene & Co. Inc boosted its position in 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 period. 0.02% of the stock is currently owned by institutional investors.

Nintendo Price Performance

OTCMKTS:NTDOY opened at $12.35 on Tuesday. Nintendo Co., Ltd. has a 12-month low of $10.03 and a 12-month high of $15.01. The firm has a market capitalization of $64.16 billion, a P/E ratio of 16.33 and a beta of 0.39. The business has a 50 day simple moving average of $13.28 and a 200 day simple moving average of $12.62.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Tuesday, February 6th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. Nintendo had a return on equity of 20.77% and a net margin of 29.25%. The business had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.52 billion. Research analysts anticipate that Nintendo Co., Ltd. will post 0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded 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 issued a buy rating to the stock. According to MarketBeat, Nintendo currently has a consensus rating of “Moderate Buy”.

About Nintendo

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.