Sterling Capital Management LLC bought a new stake in Nintendo Co., Ltd. (OTCMKTS:NTDOY - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 41,062 shares of the company's stock, valued at approximately $605,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of Nintendo by 53.4% in the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock worth $189,000 after acquiring an additional 4,509 shares during the last quarter. Diversified Trust Co acquired a new stake in Nintendo in the 4th quarter worth $182,000. Fulton Bank N.A. acquired a new stake in Nintendo in the 4th quarter worth $200,000. Kornitzer Capital Management Inc. KS increased its holdings in shares of Nintendo by 49.8% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company's stock worth $2,215,000 after purchasing an additional 50,000 shares during the period. Finally, SVB Wealth LLC acquired a new position in shares of Nintendo during the fourth quarter valued at about $192,000. Institutional investors and hedge funds own 0.02% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group initiated coverage on Nintendo in a research note on Tuesday, March 25th. They set a "buy" rating on the stock.
Get Our Latest Research Report on Nintendo
Nintendo Trading Up 1.2 %
NTDOY stock traded up $0.22 during midday trading on Wednesday, hitting $18.19. The stock had a trading volume of 1,178,273 shares, compared to its average volume of 2,390,973. Nintendo Co., Ltd. has a 52 week low of $11.36 and a 52 week high of $19.47. The stock has a 50-day simple moving average of $17.86 and a 200 day simple moving average of $15.69. The firm has a market capitalization of $94.49 billion, a price-to-earnings ratio of 40.42 and a beta of 0.63.
Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). Nintendo had a return on equity of 12.14% and a net margin of 25.83%. On average, equities analysts forecast that Nintendo Co., Ltd. will post 0.44 EPS for the current year.
Nintendo Profile
(
Free Report)
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.
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