Pacer Advisors Inc. Has $556,000 Stake in Nintendo Co., Ltd. (OTCMKTS:NTDOY)

Pacer Advisors Inc. reduced its position in Nintendo Co., Ltd. (OTCMKTS:NTDOY - Free Report) by 96.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,832 shares of the company's stock after selling 1,131,316 shares during the period. Pacer Advisors Inc.'s holdings in Nintendo were worth $556,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vestor Capital LLC purchased a new stake in shares of Nintendo during the 2nd quarter valued at about $59,000. PNC Financial Services Group Inc. raised its holdings in shares of Nintendo by 189.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,554 shares of the company's stock valued at $57,000 after buying an additional 3,636 shares during the period. Fulton Bank N.A. purchased a new stake in shares of Nintendo during the 4th quarter valued at about $158,000. O Brien Greene & Co. Inc raised its holdings in shares of Nintendo by 15.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 31,725 shares of the company's stock valued at $359,000 after buying an additional 4,300 shares during the period. Finally, Rhumbline Advisers purchased a new stake in shares of Nintendo during the 2nd quarter valued at about $803,000. 0.02% of the stock is owned by institutional investors and hedge funds.

Nintendo Price Performance

OTCMKTS:NTDOY traded down $0.13 during midday trading on Friday, reaching $12.77. 509,388 shares of the company traded hands, compared to its average volume of 857,705. Nintendo Co., Ltd. has a twelve month low of $9.90 and a twelve month high of $15.01. The firm has a market capitalization of $66.34 billion, a price-to-earnings ratio of 17.20 and a beta of 0.39. The company has a fifty day moving average price of $13.93 and a 200 day moving average price of $12.37.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. Nintendo had a return on equity of 20.77% and a net margin of 29.25%. The business had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.52 billion. On average, equities research analysts forecast that Nintendo Co., Ltd. will post 0.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on NTDOY shares. Sanford C. Bernstein upgraded Nintendo from a "market perform" rating to an "outperform" rating in a report on Monday, January 8th. Wolfe Research initiated coverage on Nintendo in a report on Tuesday, December 12th. They set a "peer perform" rating on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Nintendo currently has a consensus rating of "Moderate Buy".

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.