Shares of NTT DOCOMO, Inc (NYSE:DCM) have received an average recommendation of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company.
Several research firms have weighed in on DCM. Zacks Investment Research raised shares of NTT DOCOMO from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th. BidaskClub raised shares of NTT DOCOMO from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Finally, Goldman Sachs Group Inc downgraded shares of NTT DOCOMO from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th.
Shares of NTT DOCOMO (DCM) traded up 0.52% during trading on Wednesday, reaching $23.02. 355,492 shares of the company were exchanged. NTT DOCOMO has a 52-week low of $21.96 and a 52-week high of $26.01. The firm has a market cap of $85.28 billion, a price-to-earnings ratio of 14.56 and a beta of 0.12. The stock’s 50-day moving average is $23.24 and its 200-day moving average is $23.79.
NTT DOCOMO (NYSE:DCM) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.05). NTT DOCOMO had a net margin of 13.90% and a return on equity of 11.44%. The company had revenue of $10.23 billion during the quarter. Equities research analysts predict that NTT DOCOMO will post $1.56 earnings per share for the current fiscal year.
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Institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in NTT DOCOMO by 13.3% during the first quarter. Goldman Sachs Group Inc. now owns 466,430 shares of the technology company’s stock worth $10,891,000 after purchasing an additional 54,679 shares during the last quarter. Clean Yield Group purchased a new position in NTT DOCOMO during the second quarter worth about $3,102,000. Cambridge Investment Research Advisors Inc. boosted its holdings in NTT DOCOMO by 27.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 91,797 shares of the technology company’s stock worth $2,171,000 after purchasing an additional 19,670 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in NTT DOCOMO by 9.8% during the first quarter. Renaissance Technologies LLC now owns 3,380,700 shares of the technology company’s stock worth $78,939,000 after purchasing an additional 302,900 shares during the last quarter. Finally, OLD National Bancorp IN boosted its holdings in NTT DOCOMO by 16.8% during the second quarter. OLD National Bancorp IN now owns 14,706 shares of the technology company’s stock worth $348,000 after purchasing an additional 2,113 shares during the last quarter. Institutional investors and hedge funds own 0.50% 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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