UBS Asset Management Americas Inc. boosted its stake in NTT DOCOMO, Inc (NYSE:DCM) by 2.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,707 shares of the technology company’s stock after buying an additional 2,449 shares during the period. UBS Asset Management Americas Inc.’s holdings in NTT DOCOMO were worth $2,655,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN raised its position in NTT DOCOMO by 113.3% in the first quarter. Wells Fargo & Company MN now owns 1,669,085 shares of the technology company’s stock valued at $38,973,000 after buying an additional 886,449 shares during the last quarter. Manning & Napier Advisors LLC raised its stake in shares of NTT DOCOMO by 6.6% in the first quarter. Manning & Napier Advisors LLC now owns 394,861 shares of the technology company’s stock worth $9,219,000 after buying an additional 24,410 shares in the last quarter. US Bancorp DE raised its stake in shares of NTT DOCOMO by 6.5% in the first quarter. US Bancorp DE now owns 321,273 shares of the technology company’s stock worth $7,502,000 after buying an additional 19,624 shares in the last quarter. World Asset Management Inc raised its stake in shares of NTT DOCOMO by 1.4% in the first quarter. World Asset Management Inc now owns 246,641 shares of the technology company’s stock worth $5,759,000 after buying an additional 3,463 shares in the last quarter. Finally, Comerica Bank raised its stake in shares of NTT DOCOMO by 1.2% in the first quarter. Comerica Bank now owns 227,536 shares of the technology company’s stock worth $5,402,000 after buying an additional 2,745 shares in the last quarter. 0.55% of the stock is owned by institutional investors.
NTT DOCOMO, Inc (DCM) traded down 0.56% during mid-day trading on Friday, reaching $23.23. 220,444 shares of the company were exchanged. The stock has a market capitalization of $86.06 billion, a price-to-earnings ratio of 15.19 and a beta of 0.13. NTT DOCOMO, Inc has a 1-year low of $21.96 and a 1-year high of $27.53. The stock’s 50-day moving average price is $23.88 and its 200-day moving average price is $23.95.
NTT DOCOMO (NYSE:DCM) last announced its earnings results on Thursday, July 27th. The technology company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by $0.05. NTT DOCOMO had a net margin of 13.90% and a return on equity of 11.36%. The firm had revenue of $10.23 billion for the quarter. On average, equities research analysts anticipate that NTT DOCOMO, Inc will post $1.56 EPS for the current fiscal year.
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DCM has been the subject of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) lowered shares of NTT DOCOMO from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 30th. Zacks Investment Research lowered shares of NTT DOCOMO from a “hold” rating to a “sell” rating in a research note on Thursday, June 15th. BidaskClub lowered shares of NTT DOCOMO from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Finally, Cantor Fitzgerald lowered shares of NTT DOCOMO from an “overweight” rating to a “neutral” rating in a research note on Thursday, April 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average 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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