NTT Docomo Inc. (NYSE:DCM) shares dropped 0.2% on Friday . The company traded as low as $27.95 and last traded at $28.07, with a volume of 62,540 shares changing hands. The stock had previously closed at $28.14.

Separately, Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a research note on Friday, June 17th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $29.00.

The stock has a market capitalization of $105.90 billion and a P/E ratio of 20.44. The company’s 50 day moving average is $25.88 and its 200 day moving average is $23.66.

Several hedge funds and institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of NTT Docomo by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 115,779 shares of the company’s stock valued at $2,374,000 after buying an additional 1,616 shares during the last quarter. Comerica Bank increased its position in shares of NTT Docomo by 4.2% in the fourth quarter. Comerica Bank now owns 221,119 shares of the company’s stock valued at $4,484,000 after buying an additional 8,954 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of NTT Docomo by 7,432.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 103,351 shares of the company’s stock valued at $2,118,000 after buying an additional 101,979 shares during the last quarter. TD Asset Management Inc. increased its position in shares of NTT Docomo by 81.6% in the fourth quarter. TD Asset Management Inc. now owns 96,430 shares of the company’s stock valued at $1,711,000 after buying an additional 43,333 shares during the last quarter. Finally, LSV Asset Management increased its position in shares of NTT Docomo by 35.0% in the fourth quarter. LSV Asset Management now owns 902,600 shares of the company’s stock valued at $18,503,000 after buying an additional 234,000 shares during the last quarter.

NTT DOCOMO, INC. (DOCOMO) is a mobile telecommunications carrier. The Company operates through three segments: telecommunications business, smart life business and other businesses. Its telecommunications business includes those from mobile phone services, optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.

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