Nintendo Co., Ltd. (OTCMKTS:NTDOY) Shares Bought by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its stake in Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 49.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 150,320 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Nintendo were worth $2,215,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of Nintendo by 53.4% during the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after purchasing an additional 4,509 shares in the last quarter. Diversified Trust Co acquired a new stake in shares of Nintendo during the fourth quarter worth about $182,000. Finally, Fulton Bank N.A. acquired a new stake in shares of Nintendo during the fourth quarter worth about $200,000. Institutional investors and hedge funds own 0.02% of the company’s stock.

Nintendo Stock Performance

Shares of NTDOY opened at $19.41 on Thursday. The company’s 50-day simple moving average is $15.75 and its 200-day simple moving average is $14.31. Nintendo Co., Ltd. has a 1 year low of $11.36 and a 1 year high of $19.47. The stock has a market capitalization of $100.83 billion, a PE ratio of 43.13 and a beta of 0.45.

Nintendo (OTCMKTS:NTDOY) last released its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share 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, sell-side analysts predict that Nintendo Co., Ltd. will post 0.44 earnings per share for the current 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.