Nintendo Co., Ltd. (OTCMKTS:NTDOY) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC cut its position in shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY) by 22.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Appleton Partners Inc. MA increased its stake in shares of 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 acquiring an additional 780 shares during the last quarter. O Brien Greene & Co. Inc grew its holdings in 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 purchasing an additional 995 shares during the period. Fulton Bank N.A. purchased a new position in Nintendo during the fourth quarter worth approximately $200,000. GAMMA Investing LLC boosted 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 valued at $189,000 after purchasing an additional 4,509 shares during the last quarter. Finally, Diversified Trust Co purchased a new stake in shares of Nintendo during the 4th quarter valued at $182,000. Institutional investors and hedge funds own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NTDOY. Wolfe Research raised Nintendo to a “hold” rating in a research report on Sunday, September 22nd. TD Cowen initiated coverage on Nintendo in a research note on Monday, October 7th. They issued a “buy” rating on the stock.

Nintendo Trading Up 2.7 %

Shares of NTDOY stock opened at $14.42 on Friday. The company has a market cap of $74.91 billion, a PE ratio of 30.68 and a beta of 0.45. The company’s fifty day simple moving average is $14.23 and its 200-day simple moving average is $13.71. Nintendo Co., Ltd. has a 52 week low of $11.36 and a 52 week high of $15.59.

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.