Rhumbline Advisers Has $1.06 Million Holdings in Nintendo Co., Ltd. (OTCMKTS:NTDOY)

Rhumbline Advisers trimmed its position in Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 1.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,860 shares of the company’s stock after selling 882 shares during the quarter. Rhumbline Advisers’ holdings in Nintendo were worth $1,062,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in NTDOY. Appleton Partners Inc. MA bought a new stake in Nintendo in the first quarter worth approximately $1,640,000. Confluence Investment Management LLC bought a new stake in Nintendo in the first quarter worth $747,000. Lyrical Asset Management LP increased its position in Nintendo by 7.0% during the fourth quarter. Lyrical Asset Management LP now owns 221,197 shares of the company’s stock worth $2,873,000 after buying an additional 14,377 shares during the last quarter. ORG Partners LLC bought a new position in Nintendo during the first quarter valued at about $110,000. Finally, GAMMA Investing LLC lifted its position in shares of Nintendo by 29.7% in the first quarter. GAMMA Investing LLC now owns 8,421 shares of the company’s stock worth $114,000 after buying an additional 1,928 shares during the last quarter. 0.02% of the stock is owned by hedge funds and other institutional investors.

Nintendo Stock Performance

NTDOY opened at $13.37 on Monday. Nintendo Co., Ltd. has a twelve month low of $10.03 and a twelve month high of $15.01. The business has a 50 day moving average price of $13.45 and a 200 day moving average price of $13.31. The firm has a market cap of $69.46 billion, a P/E ratio of 18.32 and a beta of 0.43.

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

About Nintendo

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.