NTT DOCOMO (NYSE:DCM) was downgraded by research analysts at Deutsche Bank from a “hold” rating to a “sell” rating in a note issued to investors on Thursday, The Fly reports.

A number of other research firms also recently weighed in on DCM. Zacks Investment Research downgraded NTT DOCOMO from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. ValuEngine upgraded NTT DOCOMO from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, BidaskClub upgraded NTT DOCOMO from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $29.00.

Shares of NTT DOCOMO (DCM) traded down $0.63 during mid-day trading on Thursday, hitting $24.88. The company’s stock had a trading volume of 654,876 shares, compared to its average volume of 184,058. NTT DOCOMO has a one year low of $22.50 and a one year high of $26.14. The stock has a market cap of $97,390.00, a P/E ratio of 16.81, a P/E/G ratio of 3.13 and a beta of 0.11. The company has a quick ratio of 2.09, a current ratio of 2.20 and a debt-to-equity ratio of 0.01.

A number of hedge funds have recently modified their holdings of DCM. Renaissance Technologies LLC raised its holdings in shares of 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 acquiring an additional 539,400 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of NTT DOCOMO by 34.0% in the third quarter. Wells Fargo & Company MN now owns 1,522,764 shares of the technology company’s stock worth $34,703,000 after acquiring an additional 386,160 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of NTT DOCOMO in the third quarter worth $3,427,000. Marshall Wace North America L.P. acquired a new position in shares of NTT DOCOMO in the second quarter worth $3,085,000. Finally, Parametric Portfolio Associates LLC raised its holdings in shares of NTT DOCOMO by 8.6% in the third quarter. Parametric Portfolio Associates LLC now owns 1,432,351 shares of the technology company’s stock worth $32,643,000 after acquiring an additional 113,965 shares during the last quarter. 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.

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