NTT Docomo Inc (DCM) Receives Consensus Recommendation of “Hold” from Brokerages

NTT Docomo Inc (NYSE:DCM) has received a consensus rating of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.

A number of equities analysts have recently issued reports on DCM shares. Zacks Investment Research upgraded NTT Docomo from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Tuesday, October 24th. Deutsche Bank cut NTT Docomo from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Finally, ValuEngine upgraded NTT Docomo from a “hold” rating to a “buy” rating in a report on Friday, December 1st.

NTT Docomo (DCM) traded up $0.08 on Friday, hitting $24.74. The stock had a trading volume of 140,074 shares, compared to its average volume of 177,575. NTT Docomo has a 1 year low of $22.58 and a 1 year high of $26.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.20 and a quick ratio of 2.09. The stock has a market cap of $97,736.43, a PE ratio of 16.38, a P/E/G ratio of 2.93 and a beta of 0.09.

NTT Docomo (NYSE:DCM) last posted its quarterly earnings data on Thursday, October 26th. The technology company reported $0.45 earnings per share (EPS) for the quarter. NTT Docomo had a return on equity of 10.97% and a net margin of 13.57%. research analysts expect that NTT Docomo will post 1.83 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of DCM. Bank of New York Mellon Corp boosted its holdings in NTT Docomo by 36.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 82,251 shares of the technology company’s stock valued at $1,945,000 after acquiring an additional 21,871 shares during the period. CIBC World Markets Inc. purchased a new stake in NTT Docomo during the 2nd quarter valued at about $284,000. Ameriprise Financial Inc. boosted its holdings in NTT Docomo by 101.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 60,674 shares of the technology company’s stock valued at $1,435,000 after acquiring an additional 30,591 shares during the period. PNC Financial Services Group Inc. boosted its holdings in NTT Docomo by 7.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 74,123 shares of the technology company’s stock valued at $1,754,000 after acquiring an additional 5,125 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its holdings in NTT Docomo by 5.0% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 119,375 shares of the technology company’s stock valued at $2,823,000 after acquiring an additional 5,668 shares during the period. Institutional investors own 0.51% of the company’s stock.

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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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