Quadrant Capital Group LLC Grows Stake in NINTENDO LTD/ADR (OTCMKTS:NTDOY)

Quadrant Capital Group LLC boosted its position in NINTENDO LTD/ADR (OTCMKTS:NTDOY) by 4.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,984 shares of the company’s stock after purchasing an additional 632 shares during the period. Quadrant Capital Group LLC’s holdings in NINTENDO LTD/ADR were worth $675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NTDOY. Gagnon Securities LLC boosted its holdings in shares of NINTENDO LTD/ADR by 0.7% during the first quarter. Gagnon Securities LLC now owns 32,661 shares of the company’s stock worth $1,164,000 after purchasing an additional 242 shares during the last quarter. Private Capital Group LLC lifted its stake in shares of NINTENDO LTD/ADR by 20.5% during the first quarter. Private Capital Group LLC now owns 1,490 shares of the company’s stock worth $53,000 after purchasing an additional 253 shares in the last quarter. Confluence Investment Management LLC lifted its stake in shares of NINTENDO LTD/ADR by 3.7% during the second quarter. Confluence Investment Management LLC now owns 19,221 shares of the company’s stock worth $880,000 after purchasing an additional 691 shares in the last quarter. Intercontinental Wealth Advisors LLC acquired a new position in shares of NINTENDO LTD/ADR during the first quarter worth about $25,000. Finally, Boston Common Asset Management LLC increased its position in shares of NINTENDO LTD/ADR by 11.8% during the first quarter. Boston Common Asset Management LLC now owns 25,365 shares of the company’s stock worth $904,000 after acquiring an additional 2,683 shares during the last quarter. 0.15% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on the company. ValuEngine raised NINTENDO LTD/ADR from a “sell” rating to a “hold” rating in a report on Friday, April 19th. Wedbush upgraded NINTENDO LTD/ADR from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 10th. Zacks Investment Research downgraded NINTENDO LTD/ADR from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Macquarie started coverage on NINTENDO LTD/ADR in a research report on Tuesday, June 11th. They set an “outperform” rating for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $54.00.

OTCMKTS:NTDOY traded down $0.83 during trading hours on Friday, hitting $46.53. 246,886 shares of the stock traded hands, compared to its average volume of 382,561. NINTENDO LTD/ADR has a fifty-two week low of $31.38 and a fifty-two week high of $48.68. The firm has a market capitalization of $45.13 billion, a price-to-earnings ratio of 24.75 and a beta of 0.96. The business’s 50 day simple moving average is $46.12.

NINTENDO LTD/ADR Company 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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Institutional Ownership by Quarter for NINTENDO LTD/ADR (OTCMKTS:NTDOY)

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