Kornitzer Capital Management Inc. KS Purchases 50,000 Shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY)

Kornitzer Capital Management Inc. KS grew its holdings in Nintendo Co., Ltd. (OTCMKTS:NTDOY - Free Report) by 49.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150,320 shares of the company's stock after buying an additional 50,000 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Nintendo were worth $2,215,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in NTDOY. Fulton Bank N.A. bought a new stake in Nintendo in the fourth quarter valued at $200,000. GAMMA Investing LLC grew its holdings in shares of Nintendo by 53.4% in the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock worth $189,000 after purchasing an additional 4,509 shares during the last quarter. Finally, Diversified Trust Co acquired a new stake in shares of Nintendo during the 4th quarter worth about $182,000. Institutional investors own 0.02% of the company's stock.

Nintendo Trading Down 0.7 %

NTDOY stock traded down $0.13 during trading on Friday, hitting $19.28. 7,482,476 shares of the stock traded hands, compared to its average volume of 2,909,483. The stock has a market cap of $100.15 billion, a price-to-earnings ratio of 42.85 and a beta of 0.45. Nintendo Co., Ltd. has a one year low of $11.36 and a one year high of $19.47. The company has a 50 day simple moving average of $15.83 and a 200 day simple moving average of $14.34.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. As a group, analysts predict that Nintendo Co., Ltd. will post 0.44 earnings per share for the current fiscal year.

Nintendo 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.