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

Other equities research analysts have also issued research reports about the company. 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) lowered NTT DOCOMO from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. Finally, Cantor Fitzgerald lowered 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 given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $27.00.

NTT DOCOMO (NYSE DCM) traded down 1.44% on Thursday, reaching $23.32. 96,427 shares of the company’s stock traded hands. NTT DOCOMO has a 52 week low of $21.96 and a 52 week high of $26.49. The firm has a market capitalization of $86.39 billion, a P/E ratio of 15.00 and a beta of 0.12. The stock has a 50-day moving average of $23.38 and a 200 day moving average of $23.88.

NTT DOCOMO (NYSE:DCM) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter. On average, equities analysts expect that NTT DOCOMO will post $1.56 EPS for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in DCM. Renaissance Technologies LLC raised its stake in NTT DOCOMO by 16.0% in the second quarter. Renaissance Technologies LLC now owns 3,920,100 shares of the technology company’s stock worth $92,710,000 after buying an additional 539,400 shares during the period. Aperio Group LLC raised its stake in NTT DOCOMO by 6.8% in the second quarter. Aperio Group LLC now owns 1,765,886 shares of the technology company’s stock worth $41,763,000 after buying an additional 111,921 shares during the period. Wells Fargo & Company MN raised its stake in NTT DOCOMO by 113.3% in the first quarter. Wells Fargo & Company MN now owns 1,669,085 shares of the technology company’s stock worth $38,973,000 after buying an additional 886,449 shares during the period. Karp Capital Management Corp bought a new stake in NTT DOCOMO during the first quarter worth approximately $38,620,000. Finally, Parametric Portfolio Associates LLC raised its stake in NTT DOCOMO by 7.0% in the second quarter. Parametric Portfolio Associates LLC now owns 1,324,690 shares of the technology company’s stock worth $31,329,000 after buying an additional 86,576 shares during the period. Hedge funds and other institutional investors own 0.51% of the company’s stock.

About NTT DOCOMO

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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