Wright Investors Service Inc. purchased a new position in NTT DOCOMO, Inc (NYSE:DCM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,620 shares of the technology company’s stock, valued at approximately $298,000.
Other hedge funds have also added to or reduced their stakes in the company. Creative Planning increased its stake in NTT DOCOMO by 1.4% in the first quarter. Creative Planning now owns 8,215 shares of the technology company’s stock worth $192,000 after buying an additional 112 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in NTT DOCOMO by 13.3% in the first quarter. Goldman Sachs Group Inc. now owns 466,430 shares of the technology company’s stock worth $10,891,000 after buying an additional 54,679 shares during the last quarter. Two Sigma Investments LP increased its stake in NTT DOCOMO by 136.9% in the fourth quarter. Two Sigma Investments LP now owns 32,861 shares of the technology company’s stock worth $748,000 after buying an additional 18,989 shares during the last quarter. Renaissance Technologies LLC increased its stake in NTT DOCOMO by 9.8% in the first quarter. Renaissance Technologies LLC now owns 3,380,700 shares of the technology company’s stock worth $78,939,000 after buying an additional 302,900 shares during the last quarter. Finally, Capstone Asset Management Co. increased its stake in NTT DOCOMO by 3.7% in the first quarter. Capstone Asset Management Co. now owns 127,712 shares of the technology company’s stock worth $2,982,000 after buying an additional 4,520 shares during the last quarter. Institutional investors and hedge funds own 0.55% of the company’s stock.
NTT DOCOMO, Inc (NYSE:DCM) opened at 23.24 on Friday. The stock has a market capitalization of $86.09 billion, a P/E ratio of 14.99 and a beta of 0.12. NTT DOCOMO, Inc has a 12 month low of $21.96 and a 12 month high of $27.07. The company’s 50-day moving average is $23.53 and its 200-day moving average is $23.92.
NTT DOCOMO (NYSE:DCM) last announced its quarterly earnings data on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by $0.05. The company had revenue of $10.23 billion for the quarter. NTT DOCOMO had a net margin of 13.90% and a return on equity of 11.44%. Equities analysts anticipate that NTT DOCOMO, Inc will post $1.56 earnings per share for the current year.
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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of NTT DOCOMO from a “sell” rating to a “hold” rating in a report on Wednesday. Goldman Sachs Group, Inc. (The) lowered shares of NTT DOCOMO from a “buy” rating to a “neutral” rating in a report on Tuesday, May 30th. BidaskClub lowered shares of NTT DOCOMO from a “hold” rating to a “sell” rating in a report on Friday, June 30th. Finally, Cantor Fitzgerald lowered shares of NTT DOCOMO from an “overweight” rating to a “neutral” rating in a report on Thursday, April 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.00.
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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