Citadel Advisors LLC bought a new stake in NTT Docomo Inc (NYSE:DCM) during the fourth quarter, Holdings Channel reports. The firm bought 13,329 shares of the technology company’s stock, valued at approximately $317,000.
A number of other large investors have also bought and sold shares of DCM. Wells Fargo & Company MN raised its position in NTT Docomo by 34.0% in the third quarter. Wells Fargo & Company MN now owns 1,522,764 shares of the technology company’s stock valued at $34,703,000 after purchasing an additional 386,160 shares during the period. Parametric Portfolio Associates LLC raised its holdings in shares of NTT Docomo by 8.6% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,432,351 shares of the technology company’s stock valued at $32,643,000 after buying an additional 113,965 shares during the period. Aperio Group LLC raised its holdings in shares of NTT Docomo by 6.3% in the 4th quarter. Aperio Group LLC now owns 1,864,176 shares of the technology company’s stock valued at $44,311,000 after buying an additional 110,808 shares during the period. Icon Advisers Inc. Co. purchased a new stake in shares of NTT Docomo in the 3rd quarter valued at $2,190,000. Finally, Atlantic Trust Group LLC purchased a new stake in shares of NTT Docomo in the 3rd quarter valued at $1,647,000. Institutional investors own 0.57% of the company’s stock.
Several equities research analysts recently issued reports on DCM shares. Deutsche Bank downgraded NTT Docomo from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. ValuEngine upgraded NTT Docomo from a “hold” rating to a “buy” rating in a report on Friday, December 1st. HSBC reiterated a “hold” rating on shares of NTT Docomo in a report on Monday, January 22nd. Finally, 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 report on Tuesday, November 28th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $29.00.
Shares of NTT Docomo Inc (NYSE:DCM) opened at $25.71 on Wednesday. The company has a quick ratio of 2.10, a current ratio of 2.24 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $95,170.81, a price-to-earnings ratio of 14.86, a P/E/G ratio of 2.80 and a beta of 0.08. NTT Docomo Inc has a 1-year low of $22.58 and a 1-year high of $26.14.
NTT Docomo (NYSE:DCM) last released its earnings results on Tuesday, January 30th. The technology company reported $0.67 EPS for the quarter. NTT Docomo had a return on equity of 12.38% and a net margin of 15.25%. The firm had revenue of $11.48 billion during the quarter. research analysts forecast that NTT Docomo Inc will post 1.89 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This story was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another publication, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2018/03/14/citadel-advisors-llc-invests-317000-in-ntt-docomo-inc-dcm-stock.html.
NTT Docomo Profile
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.
Want to see what other hedge funds are holding DCM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NTT Docomo Inc (NYSE:DCM).
Receive News & Ratings for NTT Docomo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT Docomo and related companies with MarketBeat.com's FREE daily email newsletter.