Duff & Phelps Investment Management Co. decreased its stake in shares of Nippon Telegraph & Telephone Corp (NYSE:NTT) by 17.4% during the second quarter, Holdings Channel reports. The institutional investor owned 119,662 shares of the utilities provider’s stock after selling 25,291 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Nippon Telegraph & Telephone Corp were worth $5,638,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NTT. Proficio Capital Partners LLC increased its stake in shares of Nippon Telegraph & Telephone Corp by 237.5% in the first quarter. Proficio Capital Partners LLC now owns 2,160 shares of the utilities provider’s stock valued at $100,000 after buying an additional 1,520 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Nippon Telegraph & Telephone Corp during the first quarter valued at approximately $105,000. Tower Research Capital LLC TRC increased its stake in shares of Nippon Telegraph & Telephone Corp by 315.4% in the first quarter. Tower Research Capital LLC TRC now owns 3,099 shares of the utilities provider’s stock valued at $133,000 after buying an additional 2,353 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Nippon Telegraph & Telephone Corp by 66.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,100 shares of the utilities provider’s stock valued at $176,000 after buying an additional 1,636 shares in the last quarter. Finally, FNY Partners Fund LP acquired a new stake in shares of Nippon Telegraph & Telephone Corp during the first quarter valued at approximately $189,000. Institutional investors and hedge funds own 1.21% of the company’s stock.

Shares of Nippon Telegraph & Telephone Corp (NYSE:NTT) opened at 42.84 on Friday. Nippon Telegraph & Telephone Corp has a 52 week low of $38.45 and a 52 week high of $49.67. The firm’s 50-day moving average price is $42.94 and its 200 day moving average price is $43.13.

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Nippon Telegraph & Telephone Corp Company Profile

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Institutional Ownership by Quarter for Nippon Telegraph & Telephone Corp (NYSE:NTT)

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