NTT DOCOMO (NYSE:DCM) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other brokerages also recently commented on DCM. Zacks Investment Research downgraded NTT DOCOMO from a “buy” rating to a “hold” rating in a research report on Wednesday. Deutsche Bank cut NTT DOCOMO from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, BidaskClub raised NTT DOCOMO from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $29.00.

NTT DOCOMO (DCM) traded down $0.13 during trading on Friday, reaching $25.64. The company had a trading volume of 157,313 shares, compared to its average volume of 125,604. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.09 and a current ratio of 2.20. NTT DOCOMO has a 12-month low of $22.20 and a 12-month high of $26.14. The firm has a market capitalization of $100,500.00, a price-to-earnings ratio of 16.98, a price-to-earnings-growth ratio of 3.16 and a beta of 0.11.

A number of institutional investors and hedge funds have recently bought and sold shares of DCM. Cambridge Investment Research Advisors Inc. grew its holdings in NTT DOCOMO by 27.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 91,797 shares of the technology company’s stock valued at $2,171,000 after buying an additional 19,670 shares during the last quarter. OxFORD Asset Management LLP raised its position in shares of NTT DOCOMO by 50.8% in the 2nd quarter. OxFORD Asset Management LLP now owns 93,963 shares of the technology company’s stock worth $2,222,000 after buying an additional 31,658 shares during the period. Conning Inc. purchased a new position in shares of NTT DOCOMO in the 3rd quarter worth $566,000. Summit Global Investments raised its position in NTT DOCOMO by 24.5% in the second quarter. Summit Global Investments now owns 26,000 shares of the technology company’s stock valued at $615,000 after purchasing an additional 5,120 shares during the period. Finally, Marshall Wace North America L.P. purchased a new position in NTT DOCOMO in the second quarter valued at about $3,085,000. 0.51% of the stock is owned by hedge funds and other institutional investors.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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