Zacks Investment Research lowered shares of NTT DOCOMO, Inc (NYSE:DCM) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.

According to Zacks, “NTT DoCoMo is the world’s leading mobile communications company. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode, the world’s most popular mobile Internet service, which provides e-mail and Internet access, and FOMA, launched in 2001 as the world’s first 3G mobile service. The company is expanding its global reach through strategic joint ventures and other alliances with mobile and multimedia service providers in the Asia-Pacific region, Europe and North America. “

Several other research firms have also commented on DCM. Goldman Sachs Group, Inc. (The) lowered shares of NTT DOCOMO from a buy rating to a neutral rating in a research report on Tuesday, May 30th. BidaskClub lowered shares of NTT DOCOMO from a hold rating to a sell rating in a research report on Saturday, June 10th. J P Morgan Chase & Co lowered shares of NTT DOCOMO from an overweight rating to a neutral rating in a research report on Tuesday, March 7th. Finally, Cantor Fitzgerald lowered shares of NTT DOCOMO from an overweight rating to a neutral rating in a research report on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $27.00.

NTT DOCOMO (DCM) opened at 24.69 on Thursday. NTT DOCOMO has a one year low of $21.96 and a one year high of $28.43. The firm has a market capitalization of $91.47 billion, a PE ratio of 15.50 and a beta of 0.14. The stock’s 50 day moving average price is $24.44 and its 200 day moving average price is $23.84.

NTT DOCOMO (NYSE:DCM) last released its quarterly earnings results on Thursday, April 27th. The technology company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.20 by $0.05. The business had revenue of $9.81 billion during the quarter. NTT DOCOMO had a net margin of 14.37% and a return on equity of 11.89%. Analysts expect that NTT DOCOMO will post $1.56 EPS for the current year.

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Several hedge funds have recently added to or reduced their stakes in DCM. Creative Planning raised its stake in shares of NTT DOCOMO by 1.4% in the first quarter. Creative Planning now owns 8,215 shares of the technology company’s stock worth $192,000 after buying an additional 112 shares during the period. Manning & Napier Advisors LLC raised its stake in shares of 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. Teachers Retirement System of The State of Kentucky raised its stake in shares of NTT DOCOMO by 13.4% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 115,660 shares of the technology company’s stock worth $2,631,000 after buying an additional 13,660 shares during the period. Capital Guardian Trust Co. raised its stake in shares of NTT DOCOMO by 2.2% in the fourth quarter. Capital Guardian Trust Co. now owns 341,075 shares of the technology company’s stock worth $7,759,000 after buying an additional 7,314 shares during the period. Finally, Cypress Wealth Advisors LLC raised its stake in shares of NTT DOCOMO by 0.8% in the fourth quarter. Cypress Wealth Advisors LLC now owns 25,924 shares of the technology company’s stock worth $590,000 after buying an additional 206 shares during the period. Institutional investors and hedge funds own 0.54% of the company’s stock.

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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