Sei Investments Co. grew its holdings in NTT DOCOMO, Inc (NYSE:DCM) by 53.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,437 shares of the technology company’s stock after purchasing an additional 2,589 shares during the quarter. Sei Investments Co.’s holdings in NTT DOCOMO were worth $176,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in NTT DOCOMO in the first quarter worth $212,000. Strategic Global Advisors LLC acquired a new position in NTT DOCOMO in the first quarter worth $218,000. Airain ltd acquired a new position in NTT DOCOMO in the first quarter worth $252,000. Sensato Investors LLC acquired a new position in NTT DOCOMO in the first quarter worth $259,000. Finally, Eagle Asset Management Inc. boosted its stake in NTT DOCOMO by 18.3% in the first quarter. Eagle Asset Management Inc. now owns 12,164 shares of the technology company’s stock worth $284,000 after purchasing an additional 1,878 shares in the last quarter. 0.50% of the stock is currently owned by institutional investors.
A number of equities analysts have commented on DCM shares. Zacks Investment Research raised NTT DOCOMO from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th. BidaskClub lowered NTT DOCOMO from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Finally, Goldman Sachs Group, Inc. (The) lowered NTT DOCOMO from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $27.00.
NTT DOCOMO, Inc (NYSE DCM) opened at 23.29 on Monday. NTT DOCOMO, Inc has a 52 week low of $21.96 and a 52 week high of $26.01. The firm has a market cap of $86.28 billion, a price-to-earnings ratio of 14.88 and a beta of 0.12. The stock’s 50 day moving average price is $23.32 and its 200 day moving average price is $23.83.
NTT DOCOMO (NYSE:DCM) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 business had revenue of $10.23 billion during the quarter. On average, equities research analysts predict that NTT DOCOMO, Inc will post $1.56 EPS for the current year.
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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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