Nintendo Co., Ltd. (OTCMKTS:NTDOY) Stake Lessened by ORG Wealth Partners LLC

ORG Wealth Partners LLC lessened its position in shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 22.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,754 shares of the company’s stock after selling 1,668 shares during the quarter. ORG Wealth Partners LLC’s holdings in Nintendo were worth $84,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NTDOY. Diversified Trust Co bought a new stake in Nintendo in the fourth quarter valued at $182,000. GAMMA Investing LLC increased its holdings in shares of Nintendo by 53.4% in the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after acquiring an additional 4,509 shares during the period. Fulton Bank N.A. bought a new stake in Nintendo in the 4th quarter valued at about $200,000. O Brien Greene & Co. Inc lifted its position in Nintendo by 2.7% in the 2nd quarter. O Brien Greene & Co. Inc now owns 38,505 shares of the company’s stock valued at $512,000 after purchasing an additional 995 shares during the last quarter. Finally, Appleton Partners Inc. MA boosted its stake in Nintendo by 0.6% during the 3rd quarter. Appleton Partners Inc. MA now owns 133,225 shares of the company’s stock valued at $1,775,000 after purchasing an additional 780 shares during the period. 0.02% of the stock is currently owned by institutional investors.

Nintendo Stock Up 2.7 %

NTDOY stock opened at $14.42 on Friday. The company has a 50-day simple moving average of $14.23 and a 200 day simple moving average of $13.71. The company has a market capitalization of $74.91 billion, a P/E ratio of 30.68 and a beta of 0.45. Nintendo Co., Ltd. has a fifty-two week low of $11.36 and a fifty-two week high of $15.59.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wolfe Research upgraded shares of Nintendo to a “hold” rating in a research note on Sunday, September 22nd. TD Cowen initiated coverage on Nintendo in a research report on Monday, October 7th. They issued a “buy” rating on the stock.

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.