Nintendo Co. (OTCMKTS:NTDOY) Given Average Rating of “Moderate Buy” by Analysts

Nintendo Co. (OTCMKTS:NTDOY) has been given an average rating of “Moderate Buy” by the eleven research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and three have given a strong buy rating to the company.

Several brokerages have commented on NTDOY. UBS Group raised shares of Nintendo from a “sell” rating to a “neutral” rating in a research note on Wednesday, February 4th. Macquarie Capit upgraded shares of Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Wolfe Research raised Nintendo from an “underperform” rating to a “peer perform” rating in a research note on Thursday, January 22nd. Freedom Capital raised Nintendo from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Finally, Macquarie Infrastructure upgraded Nintendo from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 3rd.

Hedge Funds Weigh In On Nintendo

A number of large investors have recently added to or reduced their stakes in NTDOY. Impala Asset Management LLC acquired a new stake in shares of Nintendo in the second quarter valued at approximately $1,720,000. AdvisorShares Investments LLC acquired a new position in shares of Nintendo during the 3rd quarter worth approximately $1,052,000. Confluence Investment Management LLC raised its stake in Nintendo by 4.0% in the 4th quarter. Confluence Investment Management LLC now owns 67,829 shares of the company’s stock valued at $1,144,000 after acquiring an additional 2,628 shares during the period. Dorsey Wright & Associates acquired a new stake in Nintendo during the 3rd quarter valued at $1,562,000. Finally, PNC Financial Services Group Inc. lifted its holdings in Nintendo by 30.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,891 shares of the company’s stock valued at $168,000 after purchasing an additional 1,851 shares during the last quarter. Institutional investors own 0.02% of the company’s stock.

Nintendo Trading Up 0.7%

Shares of NTDOY opened at $14.54 on Thursday. The stock has a market cap of $75.53 billion, a P/E ratio of 25.51 and a beta of 0.56. Nintendo has a 1 year low of $13.47 and a 1 year high of $24.92. The stock’s 50-day moving average price is $16.73 and its two-hundred day moving average price is $20.18.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.