Highland Capital Management LLC maintained its stake in Nippon Telegraph & Telephone Corp. (NYSE:NTT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,501 shares of the company’s stock at the end of the third quarter. Highland Capital Management LLC’s holdings in Nippon Telegraph & Telephone Corp. were worth $1,810,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Capstone Asset Management Co. raised its stake in Nippon Telegraph & Telephone Corp. by 9.6% in the third quarter. Capstone Asset Management Co. now owns 120,244 shares of the company’s stock valued at $5,508,000 after buying an additional 10,550 shares during the last quarter. Eagle Asset Management Inc. raised its stake in Nippon Telegraph & Telephone Corp. by 0.5% in the third quarter. Eagle Asset Management Inc. now owns 5,141 shares of the company’s stock valued at $235,000 after buying an additional 25 shares during the last quarter. Creative Planning raised its stake in Nippon Telegraph & Telephone Corp. by 41.9% in the third quarter. Creative Planning now owns 3,378 shares of the company’s stock valued at $155,000 after buying an additional 997 shares during the last quarter. Eqis Capital Management Inc. purchased a new stake in Nippon Telegraph & Telephone Corp. during the third quarter valued at approximately $213,000. Finally, Perigon Wealth Management LLC purchased a new stake in Nippon Telegraph & Telephone Corp. during the second quarter valued at approximately $216,000. 1.19% of the stock is owned by institutional investors and hedge funds.

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

Nippon Telegraph & Telephone Corp. (NYSE:NTT) traded up 0.02% during trading on Tuesday, hitting $40.79. 259,709 shares of the stock traded hands. The company’s 50 day moving average price is $42.85 and its 200 day moving average price is $45.04. The company has a market cap of $83.09 billion, a P/E ratio of 11.25 and a beta of 0.04. Nippon Telegraph & Telephone Corp. has a 12 month low of $37.02 and a 12 month high of $49.67.

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Separately, Zacks Investment Research lowered shares of Nippon Telegraph & Telephone Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 26th.

Nippon Telegraph & Telephone Corp. Company Profile

5 Day Chart for NYSE:NTT

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