NINTENDO LTD/ADR (NTDOY) Stock Rating Lowered by ValuEngine

NINTENDO LTD/ADR (OTCMKTS:NTDOY) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Tuesday.

Several other research analysts also recently commented on NTDOY. Zacks Investment Research downgraded NINTENDO LTD/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, October 23rd. Wedbush reissued a “neutral” rating on shares of NINTENDO LTD/ADR in a research note on Monday, January 28th.

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OTCMKTS NTDOY opened at $33.35 on Tuesday. NINTENDO LTD/ADR has a one year low of $31.38 and a one year high of $57.96. The firm has a market capitalization of $32.07 billion, a P/E ratio of 25.27 and a beta of 1.10.

NINTENDO LTD/ADR (OTCMKTS:NTDOY) last posted its quarterly earnings data on Thursday, January 31st. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.19. NINTENDO LTD/ADR had a return on equity of 13.01% and a net margin of 14.42%. The firm had revenue of $5.40 billion during the quarter, compared to the consensus estimate of $4.69 billion. Equities analysts predict that NINTENDO LTD/ADR will post 1.56 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC increased its stake in shares of NINTENDO LTD/ADR by 48.3% in the 4th quarter. Quadrant Capital Group LLC now owns 12,078 shares of the company’s stock worth $390,000 after acquiring an additional 3,931 shares during the last quarter. American National Insurance Co. TX acquired a new stake in shares of NINTENDO LTD/ADR in the 3rd quarter worth $425,000. Campbell Capital Management Inc. acquired a new stake in shares of NINTENDO LTD/ADR in the 4th quarter worth $559,000. Empirical Capital Management LLC acquired a new stake in shares of NINTENDO LTD/ADR in the 4th quarter worth $712,000. Finally, Boston Common Asset Management LLC increased its stake in shares of NINTENDO LTD/ADR by 35.7% in the 4th quarter. Boston Common Asset Management LLC now owns 22,682 shares of the company’s stock worth $757,000 after acquiring an additional 5,968 shares during the last quarter. 0.15% of the stock is owned by hedge funds and other institutional investors.

About NINTENDO LTD/ADR

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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