Foresters Investment Management Company Inc. grew its stake in shares of NINTENDO LTD/ADR (OTCMKTS:NTDOY) by 29.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,500 shares of the company’s stock after purchasing an additional 32,700 shares during the period. Foresters Investment Management Company Inc.’s holdings in NINTENDO LTD/ADR were worth $4,717,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in NTDOY. American National Insurance Co. TX purchased a new stake in NINTENDO LTD/ADR in the 3rd quarter worth about $425,000. Quadrant Capital Group LLC lifted its stake in 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 in the last quarter. Empirical Capital Management LLC purchased a new stake in NINTENDO LTD/ADR in the 4th quarter worth about $712,000. Boston Common Asset Management LLC lifted its stake in 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 in the last quarter. Finally, Gagnon Securities LLC lifted its stake in NINTENDO LTD/ADR by 1.5% in the 4th quarter. Gagnon Securities LLC now owns 32,419 shares of the company’s stock worth $1,082,000 after acquiring an additional 470 shares in the last quarter. 0.16% of the stock is owned by institutional investors and hedge funds.

NTDOY opened at $33.95 on Friday. NINTENDO LTD/ADR has a fifty-two week low of $31.38 and a fifty-two week high of $57.96. The stock has a market cap of $32.63 billion, a PE ratio of 25.72 and a beta of 1.06.

NINTENDO LTD/ADR (OTCMKTS:NTDOY) last posted its quarterly earnings results on Thursday, January 31st. The company reported $0.96 earnings per share for the quarter, topping the Zacks’ 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 company had revenue of $5.40 billion during the quarter, compared to the consensus estimate of $4.69 billion. As a group, equities research analysts anticipate that NINTENDO LTD/ADR will post 1.56 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on NTDOY shares. Zacks Investment Research raised NINTENDO LTD/ADR from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Wednesday, January 2nd. Wedbush reaffirmed a “neutral” rating on shares of NINTENDO LTD/ADR in a research note on Monday, January 28th. Finally, ValuEngine downgraded NINTENDO LTD/ADR from a “sell” rating to a “strong sell” rating in a research note on Tuesday, February 19th.

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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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Institutional Ownership by Quarter for NINTENDO LTD/ADR (OTCMKTS:NTDOY)

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