PNC Financial Services Group Inc. increased its stake in shares of NTT Docomo Inc (NYSE:DCM) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,172 shares of the technology company’s stock after acquiring an additional 4,154 shares during the quarter. PNC Financial Services Group Inc.’s holdings in NTT Docomo were worth $1,923,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Advisor Group Inc. increased its position in NTT Docomo by 97.1% during the fourth quarter. Advisor Group Inc. now owns 4,512 shares of the technology company’s stock worth $107,000 after acquiring an additional 2,223 shares during the period. Icon Wealth Partners LLC bought a new position in NTT Docomo during the fourth quarter worth $127,000. Bank of Hawaii bought a new position in NTT Docomo during the first quarter worth $222,000. FDx Advisors Inc. bought a new position in NTT Docomo during the first quarter worth $231,000. Finally, Greenleaf Trust increased its position in NTT Docomo by 1,231.2% during the first quarter. Greenleaf Trust now owns 10,570 shares of the technology company’s stock worth $270,000 after acquiring an additional 9,776 shares during the period. 0.57% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages recently issued reports on DCM. Zacks Investment Research lowered shares of NTT Docomo from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. UBS Group began coverage on shares of NTT Docomo in a report on Wednesday, April 11th. They issued a “sell” rating on the stock. Finally, ValuEngine lowered shares of NTT Docomo from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $29.00.
Shares of NTT Docomo opened at $25.60 on Friday, MarketBeat reports. The firm has a market capitalization of $94.84 billion, a price-to-earnings ratio of 15.80, a price-to-earnings-growth ratio of 2.86 and a beta of 0.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 2.24. NTT Docomo Inc has a 52-week low of $22.58 and a 52-week high of $26.54.
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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