NTT Docomo Inc. (DCM) Shares Sold by Capital Fund Management S.A.
Capital Fund Management S.A. reduced its stake in NTT Docomo Inc. (NYSE:DCM) by 20.0% during the second quarter, Holdings Channel reports. The institutional investor owned 14,431 shares of the company’s stock after selling 3,600 shares during the period. Capital Fund Management S.A.’s holdings in NTT Docomo were worth $390,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc raised its stake in shares of NTT Docomo by 11.7% in the first quarter. IFP Advisors Inc now owns 6,161 shares of the company’s stock valued at $140,000 after buying an additional 647 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of NTT Docomo during the first quarter valued at approximately $249,000. HBK Investments L P bought a new stake in shares of NTT Docomo during the first quarter valued at approximately $276,000. Checchi Capital Advisers LLC raised its stake in shares of NTT Docomo by 11.4% in the second quarter. Checchi Capital Advisers LLC now owns 15,009 shares of the company’s stock valued at $405,000 after buying an additional 1,535 shares in the last quarter. Finally, Landscape Capital Management L.L.C. raised its stake in shares of NTT Docomo by 59.6% in the first quarter. Landscape Capital Management L.L.C. now owns 23,497 shares of the company’s stock valued at $535,000 after buying an additional 8,777 shares in the last quarter. 0.52% of the stock is currently owned by institutional investors and hedge funds.
NTT Docomo Inc. (NYSE:DCM) traded up 2.34% during trading on Friday, hitting $24.53. 119,587 shares of the stock traded hands. The firm has a 50-day moving average price of $25.12 and a 200 day moving average price of $25.57. The company has a market cap of $91.76 billion, a P/E ratio of 16.71 and a beta of 0.11. NTT Docomo Inc. has a 52-week low of $18.07 and a 52-week high of $28.43.
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 report on Friday, June 17th.
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. 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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