Raymond James & Associates Invests $1.18 Million in NTT Docomo Inc (DCM) Stock

Raymond James & Associates purchased a new position in NTT Docomo Inc (NYSE:DCM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 49,785 shares of the technology company’s stock, valued at approximately $1,183,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DCM. Ameriprise Financial Inc. increased its position in NTT Docomo by 18.1% in the third quarter. Ameriprise Financial Inc. now owns 71,644 shares of the technology company’s stock worth $1,632,000 after purchasing an additional 10,970 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in NTT Docomo in the third quarter worth $234,000. Steward Partners Investment Advisory LLC bought a new stake in NTT Docomo in the third quarter worth $228,000. Parametric Portfolio Associates LLC increased its position in NTT Docomo by 8.6% in the third quarter. Parametric Portfolio Associates LLC now owns 1,432,351 shares of the technology company’s stock worth $32,643,000 after purchasing an additional 113,965 shares during the last quarter. Finally, Atlantic Trust Group LLC bought a new stake in NTT Docomo in the third quarter worth $1,647,000. Institutional investors own 0.57% of the company’s stock.

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DCM has been the topic of a number of analyst reports. UBS initiated coverage on shares of NTT Docomo in a research report on Wednesday, April 11th. They set a “sell” rating on the stock. Deutsche Bank upgraded shares of NTT Docomo from a “sell” rating to a “hold” rating in a research report on Friday, January 26th. Zacks Investment Research cut shares of NTT Docomo from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. ValuEngine upgraded shares of NTT Docomo from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, HSBC reiterated a “hold” rating on shares of NTT Docomo in a research report on Monday, January 22nd. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of $29.00.



DCM stock opened at $25.60 on Thursday. The company has a current ratio of 2.24, a quick ratio of 2.10 and a debt-to-equity ratio of 0.01. NTT Docomo Inc has a twelve month low of $22.58 and a twelve month high of $26.54. The firm has a market cap of $94,837.40, a price-to-earnings ratio of 15.80, a PEG ratio of 2.86 and a beta of 0.10.

NTT Docomo (NYSE:DCM) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.67 earnings per share for the quarter. NTT Docomo had a net margin of 15.25% and a return on equity of 12.38%. The business had revenue of $11.48 billion for the quarter. analysts anticipate that NTT Docomo Inc will post 1.89 EPS for the current fiscal year.

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NTT Docomo 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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Institutional Ownership by Quarter for NTT Docomo (NYSE:DCM)

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