Checchi Capital Advisers LLC Raises Stake in NTT DOCOMO, Inc (DCM)
Checchi Capital Advisers LLC boosted its position in NTT DOCOMO, Inc (NYSE:DCM) by 2.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,103 shares of the technology company’s stock after buying an additional 334 shares during the period. Checchi Capital Advisers LLC’s holdings in NTT DOCOMO were worth $357,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its position in shares of NTT DOCOMO by 12.1% in the first quarter. Sei Investments Co. now owns 4,848 shares of the technology company’s stock valued at $113,000 after buying an additional 525 shares during the last quarter. Creative Planning boosted its position 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 valued at $192,000 after buying an additional 112 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of NTT DOCOMO during the first quarter valued at $212,000. Strategic Global Advisors LLC bought a new position in shares of NTT DOCOMO during the first quarter valued at $218,000. Finally, Airain ltd bought a new position in shares of NTT DOCOMO during the first quarter valued at $252,000. Hedge funds and other institutional investors own 0.51% of the company’s stock.
NTT DOCOMO, Inc (NYSE DCM) opened at 23.34 on Wednesday. The stock has a 50 day moving average price of $23.45 and a 200 day moving average price of $23.90. The company has a market cap of $86.47 billion, a PE ratio of 15.06 and a beta of 0.12. NTT DOCOMO, Inc has a one year low of $21.96 and a one year high of $27.07.
NTT DOCOMO (NYSE:DCM) last posted its earnings results on Thursday, July 27th. The technology company reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by $0.05. NTT DOCOMO had a return on equity of 11.44% and a net margin of 13.90%. The business had revenue of $10.23 billion during the quarter. On average, equities analysts anticipate that NTT DOCOMO, Inc will post $1.56 EPS for the current fiscal year.
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DCM has been the subject of several analyst reports. Cantor Fitzgerald cut NTT DOCOMO from an “overweight” rating to a “neutral” rating in a report on Thursday, April 27th. BidaskClub upgraded NTT DOCOMO from a “sell” rating to a “hold” rating in a report on Friday, June 23rd. Zacks Investment Research cut NTT DOCOMO from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Finally, Goldman Sachs Group, Inc. (The) cut NTT DOCOMO from a “buy” rating to a “neutral” rating in a report on Tuesday, May 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. NTT DOCOMO has an average rating of “Hold” and a consensus target price of $27.00.
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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