ValuEngine cut shares of NTT Docomo (NYSE:DCM) from a buy rating to a hold rating in a research report report published on Wednesday morning.
Other equities analysts have also issued reports about the company. Zacks Investment Research upgraded NTT Docomo from a hold rating to a buy rating and set a $29.00 price objective on the stock in a research report on Tuesday, November 28th. Deutsche Bank lowered NTT Docomo from a buy rating to a hold rating in a research report on Thursday, November 30th. Finally, HSBC reiterated a hold rating on shares of NTT Docomo in a research report on Monday, January 22nd. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. NTT Docomo has a consensus rating of Hold and a consensus price target of $29.00.
NTT Docomo (NYSE:DCM) opened at $25.69 on Wednesday. The firm has a market capitalization of $95,170.81, a PE ratio of 14.85, a price-to-earnings-growth ratio of 2.80 and a beta of 0.08. The company has a quick ratio of 2.10, a current ratio of 2.24 and a debt-to-equity ratio of 0.01. NTT Docomo has a one year low of $22.58 and a one year high of $26.14.
Several institutional investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. increased its position in shares of NTT Docomo by 15.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 130,707 shares of the technology company’s stock valued at $3,107,000 after purchasing an additional 17,299 shares during the last quarter. BB&T Securities LLC bought a new position in shares of NTT Docomo during the 4th quarter valued at about $691,000. Millennium Management LLC increased its position in shares of NTT Docomo by 305.9% during the 4th quarter. Millennium Management LLC now owns 308,351 shares of the technology company’s stock valued at $7,330,000 after purchasing an additional 232,384 shares during the last quarter. Raymond James & Associates bought a new position in shares of NTT Docomo during the 4th quarter valued at about $1,183,000. Finally, Goldman Sachs Group Inc. increased its position in shares of NTT Docomo by 2.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 442,824 shares of the technology company’s stock valued at $10,526,000 after purchasing an additional 12,081 shares during the last quarter. Hedge funds and other institutional investors own 0.57% of the company’s stock.
About NTT Docomo
NTT DOCOMO, INC. (DOCOMO) is a mobile telecommunications carrier. The Company operates through three segments: telecommunications business, smart life business and other businesses. The telecommunications business segment includes mobile phone services (long-term evolution (LTE) (Xi) services and freedom of mobile multimedia access (FOMA) services), optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.
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