NTT DOCOMO, Inc (NYSE:DCM) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday.

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. “

DCM has been the subject of a number of other research reports. BidaskClub upgraded NTT DOCOMO from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Goldman Sachs Group, Inc. (The) cut NTT DOCOMO from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. Finally, Cantor Fitzgerald cut NTT DOCOMO from an “overweight” rating to a “neutral” rating in a research report on Thursday, April 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. NTT DOCOMO has a consensus rating of “Hold” and a consensus price target of $27.00.

NTT DOCOMO (NYSE:DCM) opened at 23.31 on Thursday. The company has a market capitalization of $86.35 billion, a PE ratio of 14.99 and a beta of 0.12. The firm’s 50-day moving average is $23.38 and its 200-day moving average is $23.87. NTT DOCOMO has a 52-week low of $21.96 and a 52-week high of $26.29.

NTT DOCOMO (NYSE:DCM) last posted its quarterly earnings data on Thursday, July 27th. The technology company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by $0.05. The firm had revenue of $10.23 billion for the quarter. NTT DOCOMO had a net margin of 13.90% and a return on equity of 11.44%. On average, equities research analysts forecast that NTT DOCOMO will post $1.56 EPS for the current year.

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A number of hedge funds have recently bought and sold shares of the stock. Sei Investments Co. boosted its stake in NTT DOCOMO by 12.1% in the first quarter. Sei Investments Co. now owns 4,848 shares of the technology company’s stock worth $113,000 after buying an additional 525 shares during the period. Creative Planning boosted its stake in 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. Mirae Asset Global Investments Co. Ltd. purchased a new stake in NTT DOCOMO during the first quarter worth approximately $212,000. M&T Bank Corp purchased a new stake in NTT DOCOMO during the second quarter worth approximately $215,000. Finally, Strategic Global Advisors LLC purchased a new stake in NTT DOCOMO during the first quarter worth approximately $218,000. Institutional investors own 0.51% 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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