Ameriprise Financial Inc. Boosts Position in NTT DOCOMO, Inc (DCM)
Ameriprise Financial Inc. boosted its position in shares of NTT DOCOMO, Inc (NYSE:DCM) by 23.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,083 shares of the technology company’s stock after buying an additional 5,748 shares during the period. Ameriprise Financial Inc.’s holdings in NTT DOCOMO were worth $702,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Wells Fargo & Company MN increased its stake in NTT DOCOMO by 113.3% in the first quarter. Wells Fargo & Company MN now owns 1,669,085 shares of the technology company’s stock worth $38,973,000 after buying an additional 886,449 shares during the period. Karp Capital Management Corp purchased a new stake in NTT DOCOMO during the first quarter worth about $38,620,000. Manning & Napier Advisors LLC increased its stake in NTT DOCOMO by 6.6% in the first quarter. Manning & Napier Advisors LLC now owns 394,861 shares of the technology company’s stock worth $9,219,000 after buying an additional 24,410 shares during the period. US Bancorp DE increased its stake in NTT DOCOMO by 6.5% in the first quarter. US Bancorp DE now owns 321,273 shares of the technology company’s stock worth $7,502,000 after buying an additional 19,624 shares during the period. Finally, World Asset Management Inc increased its stake in NTT DOCOMO by 1.4% in the first quarter. World Asset Management Inc now owns 246,641 shares of the technology company’s stock worth $5,759,000 after buying an additional 3,463 shares during the period. 0.54% of the stock is owned by hedge funds and other institutional investors.
Shares of NTT DOCOMO, Inc (NYSE:DCM) opened at 23.59 on Friday. The stock has a 50 day moving average price of $24.12 and a 200 day moving average price of $23.95. The stock has a market cap of $87.39 billion, a P/E ratio of 15.27 and a beta of 0.13. NTT DOCOMO, Inc has a 12 month low of $21.96 and a 12 month high of $27.53.
NTT DOCOMO (NYSE:DCM) last posted its earnings results on Thursday, April 27th. The technology company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by $0.05. The business had revenue of $9.81 billion for the quarter. NTT DOCOMO had a return on equity of 11.89% and a net margin of 14.37%. Equities analysts anticipate that NTT DOCOMO, Inc will post $1.56 EPS for the current fiscal year.
A number of equities research analysts have issued reports on DCM shares. Cantor Fitzgerald downgraded NTT DOCOMO from an “overweight” rating to a “neutral” rating in a research report on Thursday, April 27th. BidaskClub downgraded NTT DOCOMO from a “hold” rating to a “sell” rating in a research report on Saturday, June 10th. Zacks Investment Research raised NTT DOCOMO from a “sell” rating to a “hold” rating in a research report on Monday, July 3rd. Finally, Goldman Sachs Group, Inc. (The) downgraded NTT DOCOMO from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. NTT DOCOMO has an average rating of “Hold” and an average price target of $27.00.
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. 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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