Nippon Telegraph & Telephone Corp. (NYSE:NTT)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $44.59, but opened at $44.75. Nippon Telegraph & Telephone Corp. shares last traded at $45.23, with a volume of 83,585 shares changing hands.

Separately, Zacks Investment Research lowered shares of Nippon Telegraph & Telephone Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 17th.

The firm has a market capitalization of $92.16 billion, a PE ratio of 12.35 and a beta of 0.09. The firm has a 50-day moving average price of $46.25 and a 200 day moving average price of $45.24.

A number of institutional investors have recently made changes to their positions in NTT. Perigon Wealth Management LLC purchased a new position in shares of Nippon Telegraph & Telephone Corp. during the second quarter valued at approximately $216,000. Stifel Financial Corp raised its position in Nippon Telegraph & Telephone Corp. by 0.8% in the second quarter. Stifel Financial Corp now owns 44,392 shares of the company’s stock valued at $2,091,000 after buying an additional 350 shares in the last quarter. Cullen Capital Management LLC bought a new position in Nippon Telegraph & Telephone Corp. during the second quarter valued at about $6,655,000. Teachers Retirement System of The State of Kentucky raised its position in Nippon Telegraph & Telephone Corp. by 48.7% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 301,900 shares of the company’s stock valued at $14,213,000 after buying an additional 98,900 shares in the last quarter. Finally, Paloma Partners Management Co raised its position in Nippon Telegraph & Telephone Corp. by 180.0% in the second quarter. Paloma Partners Management Co now owns 14,511 shares of the company’s stock valued at $684,000 after buying an additional 9,328 shares in the last quarter. 1.50% of the stock is owned by institutional investors and hedge funds.

About Nippon Telegraph & Telephone Corp.

5 Day Chart for NYSE:NTT

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