NTT DOCOMO, Inc (DCM) Given Average Recommendation of “Hold” by Brokerages

Shares of NTT DOCOMO, Inc (NYSE:DCM) have received a consensus recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

A number of research firms recently weighed in on DCM. Cantor Fitzgerald lowered NTT DOCOMO from an “overweight” rating to a “neutral” rating in a research report on Thursday, April 27th. Zacks Investment Research raised NTT DOCOMO from a “sell” rating to a “hold” rating in a report on Wednesday. BidaskClub lowered NTT DOCOMO from a “hold” rating to a “sell” rating in a report on Friday, June 30th. Finally, Goldman Sachs Group, Inc. (The) lowered NTT DOCOMO from a “buy” rating to a “neutral” rating in a report on Tuesday, May 30th.

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NTT DOCOMO (NYSE:DCM) opened at 23.21 on Tuesday. NTT DOCOMO has a 52-week low of $21.96 and a 52-week high of $27.07. The stock has a market cap of $85.98 billion, a PE ratio of 14.97 and a beta of 0.12. The firm has a 50-day moving average price of $23.58 and a 200 day moving average price of $23.92.

NTT DOCOMO (NYSE:DCM) last posted its quarterly earnings data on Thursday, July 27th. The technology company reported $0.46 earnings per share for the quarter, missing the Zacks’ 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 company had revenue of $10.23 billion for the quarter. On average, analysts forecast that NTT DOCOMO will post $1.56 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the company. Sei Investments Co. raised its stake in NTT DOCOMO by 12.1% in the first quarter. Sei Investments Co. now owns 4,848 shares of the technology company’s stock worth $113,000 after buying an additional 525 shares during the last quarter. Creative Planning raised its stake in NTT DOCOMO by 1.4% in the first quarter. Creative Planning now owns 8,215 shares of the technology company’s stock worth $192,000 after buying an additional 112 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in NTT DOCOMO during the first quarter worth approximately $212,000. Strategic Global Advisors LLC acquired a new stake in NTT DOCOMO during the first quarter worth approximately $218,000. Finally, Airain ltd acquired a new stake in NTT DOCOMO during the first quarter worth approximately $252,000. 0.55% of the stock is owned by institutional investors and hedge funds.

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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