Goldman Sachs Group Inc. increased its position in shares of NTT DOCOMO, Inc (NYSE:DCM) by 13.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 466,430 shares of the technology company’s stock after buying an additional 54,679 shares during the period. Goldman Sachs Group Inc.’s holdings in NTT DOCOMO were worth $10,891,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its position in shares of NTT DOCOMO by 85.1% in the first quarter. Bank of New York Mellon Corp now owns 60,380 shares of the technology company’s stock valued at $1,410,000 after buying an additional 27,764 shares during the period. US Bancorp DE increased its position 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 valued at $7,502,000 after buying an additional 19,624 shares during the period. Checchi Capital Advisers LLC increased its position in shares of NTT DOCOMO by 3.2% in the first quarter. Checchi Capital Advisers LLC now owns 14,769 shares of the technology company’s stock valued at $345,000 after buying an additional 454 shares during the period. Capital Fund Management S.A. acquired a new position in shares of NTT DOCOMO during the first quarter valued at $285,000. Finally, Eqis Capital Management Inc. increased its position in shares of NTT DOCOMO by 19.4% in the first quarter. Eqis Capital Management Inc. now owns 18,918 shares of the technology company’s stock valued at $442,000 after buying an additional 3,079 shares during the period. Institutional investors and hedge funds own 0.55% of the company’s stock.
Shares of NTT DOCOMO, Inc (NYSE DCM) opened at 23.23 on Friday. The stock has a 50 day moving average price of $23.88 and a 200-day moving average price of $23.95. The stock has a market capitalization of $86.06 billion, a price-to-earnings ratio of 14.91 and a beta of 0.13. NTT DOCOMO, Inc has a 52-week low of $21.96 and a 52-week high of $27.53.
NTT DOCOMO (NYSE:DCM) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share 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 company 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 fiscal year.
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A number of analysts have commented on DCM shares. Goldman Sachs Group, Inc. (The) lowered NTT DOCOMO from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 30th. Zacks Investment Research lowered NTT DOCOMO from a “hold” rating to a “sell” rating in a research note on Thursday, June 15th. BidaskClub lowered NTT DOCOMO from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Finally, Cantor Fitzgerald lowered 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 given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $27.00.
NTT DOCOMO Company 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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