Creative Planning Reduces Stake in NTT DOCOMO, Inc (NYSE:DCM)
Creative Planning lowered its stake in shares of NTT DOCOMO, Inc (NYSE:DCM) by 8.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,526 shares of the technology company’s stock after selling 689 shares during the period. Creative Planning’s holdings in NTT DOCOMO were worth $178,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Sei Investments Co. increased its position in shares of NTT DOCOMO by 12.1% in the first quarter. Sei Investments Co. now owns 4,848 shares of the technology company’s stock valued at $113,000 after buying an additional 525 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of NTT DOCOMO during the first quarter valued at $212,000. Strategic Global Advisors LLC bought a new position in shares of NTT DOCOMO during the first quarter valued at $218,000. Airain ltd bought a new position in shares of NTT DOCOMO during the first quarter valued at $252,000. Finally, Sensato Investors LLC bought a new position in shares of NTT DOCOMO during the first quarter valued at $259,000. Hedge funds and other institutional investors own 0.55% of the company’s stock.
Shares of NTT DOCOMO, Inc (DCM) traded down 0.21% during trading on Wednesday, hitting $23.39. The stock had a trading volume of 28,905 shares. The company has a market cap of $86.65 billion, a P/E ratio of 15.09 and a beta of 0.12. The stock has a 50-day moving average price of $23.73 and a 200 day moving average price of $23.93. NTT DOCOMO, Inc has a 12 month low of $21.96 and a 12 month high of $27.07.
NTT DOCOMO (NYSE:DCM) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by $0.05. NTT DOCOMO had a return on equity of 11.44% and a net margin of 13.90%. The business had revenue of $10.23 billion for the quarter. Equities analysts expect that NTT DOCOMO, Inc will post $1.56 EPS for the current fiscal year.
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Several equities analysts have recently weighed in on the company. BidaskClub downgraded NTT DOCOMO from a “hold” rating to a “sell” rating in a report on Saturday, June 10th. Zacks Investment Research downgraded NTT DOCOMO from a “hold” rating to a “sell” rating in a report on Monday, June 26th. Goldman Sachs Group, Inc. (The) downgraded NTT DOCOMO from a “buy” rating to a “neutral” rating in a report on Tuesday, May 30th. Finally, Cantor Fitzgerald downgraded NTT DOCOMO from an “overweight” rating to a “neutral” rating in a report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. NTT DOCOMO currently 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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