Mount Yale Investment Advisors LLC purchased a new position in NTT Docomo Inc (NYSE:DCM) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,492 shares of the technology company’s stock, valued at approximately $319,000.
A number of other institutional investors have also recently modified their holdings of DCM. Advisor Group Inc. lifted its stake in NTT Docomo by 97.1% in the fourth quarter. Advisor Group Inc. now owns 4,512 shares of the technology company’s stock worth $107,000 after acquiring an additional 2,223 shares during the last quarter. Icon Wealth Partners LLC purchased a new position in NTT Docomo in the fourth quarter worth approximately $127,000. C M Bidwell & Associates Ltd. purchased a new position in NTT Docomo in the first quarter worth approximately $144,000. Stifel Financial Corp purchased a new position in NTT Docomo in the first quarter worth approximately $217,000. Finally, Bank of Hawaii purchased a new position in NTT Docomo in the first quarter worth approximately $222,000. Institutional investors own 0.57% of the company’s stock.
DCM has been the subject of a number of recent research reports. ValuEngine upgraded shares of NTT Docomo from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Zacks Investment Research upgraded shares of NTT Docomo from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research note on Monday, April 2nd. Finally, UBS Group initiated coverage on shares of NTT Docomo in a research note on Wednesday, April 11th. They issued a “sell” rating for the company. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. NTT Docomo currently has a consensus rating of “Hold” and an average target price of $29.00.
Shares of NTT Docomo stock opened at $25.60 on Friday. The company has a market capitalization of $94.84 billion, a P/E ratio of 15.80, a PEG ratio of 2.86 and a beta of 0.10. 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 Inc has a 52-week low of $22.58 and a 52-week high of $26.54.
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.
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