Shares of NTT Docomo Inc. (NYSE:DCM) gapped up before the market opened on Tuesday . The stock had previously closed at $24.29, but opened at $24.61. NTT Docomo shares last traded at $25.09, with a volume of 52,342 shares trading hands.

Separately, Zacks Investment Research cut NTT Docomo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 16th.

The company has a 50-day moving average price of $26.01 and a 200-day moving average price of $25.37. The firm has a market cap of $93.78 billion, a P/E ratio of 16.87 and a beta of 0.11.

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Hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its stake in NTT Docomo by 3.9% in the first quarter. Renaissance Technologies LLC now owns 2,712,000 shares of the company’s stock valued at $61,752,000 after buying an additional 102,400 shares during the last quarter. Aperio Group LLC boosted its stake in NTT Docomo by 2.3% in the first quarter. Aperio Group LLC now owns 2,038,583 shares of the company’s stock valued at $46,419,000 after buying an additional 46,560 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in NTT Docomo by 10.7% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,689,426 shares of the company’s stock valued at $40,413,000 after buying an additional 162,925 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in NTT Docomo by 5.7% in the second quarter. Parametric Portfolio Associates LLC now owns 668,283 shares of the company’s stock valued at $18,050,000 after buying an additional 36,109 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in NTT Docomo by 22.4% in the first quarter. Goldman Sachs Group Inc. now owns 466,713 shares of the company’s stock valued at $10,627,000 after buying an additional 85,439 shares during the last quarter. 0.54% of the stock is owned by institutional investors.

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. Its telecommunications business includes those from mobile phone services, optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.

5 Day Chart for NYSE:DCM

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