Appleton Partners Inc. MA Raises Holdings in Nintendo Co., Ltd. (OTCMKTS:NTDOY)

Appleton Partners Inc. MA boosted its stake in shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 0.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,225 shares of the company’s stock after acquiring an additional 780 shares during the quarter. Appleton Partners Inc. MA’s holdings in Nintendo were worth $1,775,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Confluence Investment Management LLC grew its position in shares of Nintendo by 2.1% during the 2nd quarter. Confluence Investment Management LLC now owns 56,139 shares of the company’s stock valued at $747,000 after acquiring an additional 1,178 shares during the period. O Brien Greene & Co. Inc increased its position in shares of Nintendo by 2.7% in the second quarter. O Brien Greene & Co. Inc now owns 38,505 shares of the company’s stock valued at $512,000 after buying an additional 995 shares in the last quarter. SVB Wealth LLC raised its stake in shares of Nintendo by 6.5% during the 1st quarter. SVB Wealth LLC now owns 14,580 shares of the company’s stock worth $198,000 after buying an additional 888 shares during the period. Fulton Bank N.A. lifted its position in shares of Nintendo by 10.7% during the 2nd quarter. Fulton Bank N.A. now owns 12,681 shares of the company’s stock valued at $169,000 after buying an additional 1,223 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Nintendo by 29.7% in the 1st quarter. GAMMA Investing LLC now owns 8,421 shares of the company’s stock valued at $114,000 after acquiring an additional 1,928 shares during the period. 0.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wolfe Research raised Nintendo to a “hold” rating in a report on Sunday, September 22nd.

Nintendo Trading Down 1.3 %

Shares of NTDOY stock opened at $13.19 on Thursday. Nintendo Co., Ltd. has a twelve month low of $10.03 and a twelve month high of $15.01. The company’s 50-day moving average price is $13.41 and its 200-day moving average price is $13.28. The stock has a market cap of $68.52 billion, a price-to-earnings ratio of 18.07 and a beta of 0.43.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Nintendo had a return on equity of 15.34% and a net margin of 26.75%. As a group, equities research analysts predict that Nintendo Co., Ltd. will post 0.47 EPS for the current year.

Nintendo Company 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.