Nintendo (OTCMKTS:NTDOY) Now Covered by The Goldman Sachs Group

Stock analysts at The Goldman Sachs Group began coverage on shares of Nintendo (OTCMKTS:NTDOY) in a note issued to investors on Tuesday. The brokerage set a “buy” rating on the stock.

Nintendo Price Performance

OTCMKTS NTDOY opened at $18.57 on Tuesday. The stock’s 50 day simple moving average is $17.46 and its 200 day simple moving average is $15.12. Nintendo has a one year low of $11.36 and a one year high of $19.47. The firm has a market cap of $96.47 billion, a PE ratio of 41.27 and a beta of 0.39.

Nintendo (OTCMKTS:NTDOY) last announced its earnings results on Tuesday, February 4th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.01). Nintendo had a return on equity of 12.14% and a net margin of 25.83%. As a group, equities analysts expect that Nintendo will post 0.44 earnings per share for the current year.

Hedge Funds Weigh In On Nintendo

A number of large investors have recently modified their holdings of the stock. Diversified Trust Co acquired a new stake in shares of Nintendo in the fourth quarter valued at approximately $182,000. GAMMA Investing LLC lifted its holdings in Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after buying an additional 4,509 shares in the last quarter. SVB Wealth LLC bought a new position in Nintendo in the 4th quarter valued at $192,000. Fulton Bank N.A. acquired a new stake in shares of Nintendo in the 4th quarter valued at $200,000. Finally, Sterling Capital Management LLC bought a new stake in shares of Nintendo during the fourth quarter worth $605,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

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.