Quadrant Capital Group LLC boosted its position in shares of NINTENDO LTD/ADR (OTCMKTS:NTDOY) by 18.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,352 shares of the company’s stock after buying an additional 2,274 shares during the quarter. Quadrant Capital Group LLC’s holdings in NINTENDO LTD/ADR were worth $507,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. Private Capital Group LLC boosted its position in shares of NINTENDO LTD/ADR by 20.5% in the 1st quarter. Private Capital Group LLC now owns 1,490 shares of the company’s stock valued at $53,000 after purchasing an additional 253 shares during the period. Campbell Capital Management Inc. acquired a new position in shares of NINTENDO LTD/ADR in the 4th quarter valued at $559,000. Empirical Capital Management LLC acquired a new position in shares of NINTENDO LTD/ADR in the 4th quarter valued at $712,000. Boston Common Asset Management LLC boosted its position in shares of NINTENDO LTD/ADR by 35.7% in the 4th quarter. Boston Common Asset Management LLC now owns 22,682 shares of the company’s stock valued at $757,000 after purchasing an additional 5,968 shares during the period. Finally, Gagnon Securities LLC boosted its position in shares of NINTENDO LTD/ADR by 1.5% in the 4th quarter. Gagnon Securities LLC now owns 32,419 shares of the company’s stock valued at $1,082,000 after purchasing an additional 470 shares during the period. 0.16% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts recently weighed in on NTDOY shares. ValuEngine lowered NINTENDO LTD/ADR from a “sell” rating to a “strong sell” rating in a research report on Tuesday, February 19th. Wedbush reiterated a “neutral” rating on shares of NINTENDO LTD/ADR in a research report on Monday, January 28th. Zacks Investment Research upgraded NINTENDO LTD/ADR from a “hold” rating to a “strong-buy” rating and set a $41.00 price target for the company in a research report on Tuesday, February 5th. Finally, Deutsche Bank reiterated a “buy” rating on shares of NINTENDO LTD/ADR in a research report on Wednesday, March 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $41.00.
NINTENDO LTD/ADR stock traded up $0.06 during mid-day trading on Wednesday, hitting $43.25. The company’s stock had a trading volume of 494,149 shares, compared to its average volume of 482,088. The company has a market cap of $41.56 billion, a P/E ratio of 32.77 and a beta of 1.13. NINTENDO LTD/ADR has a 52-week low of $31.38 and a 52-week high of $51.63.
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NINTENDO LTD/ADR Profile
Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells electronic entertainment products in Japan, the United States, Europe, Australia, Asia, and internationally. It provides video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware and related software.
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