NTT Docomo’s (DCM) Hold Rating Reaffirmed at HSBC

NTT Docomo (NYSE:DCM)‘s stock had its “hold” rating restated by HSBC in a research note issued on Monday, MarketBeat Ratings reports.

Several other analysts have also issued reports on the stock. Zacks Investment Research lowered shares of NTT Docomo from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Deutsche Bank lowered shares of NTT Docomo from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. Finally, ValuEngine upgraded shares of NTT Docomo from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. NTT Docomo currently has a consensus rating of “Hold” and a consensus target price of $29.00.

Shares of NTT Docomo (DCM) traded up $0.08 during midday trading on Monday, reaching $24.74. 140,000 shares of the company traded hands, compared to its average volume of 177,569. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.20 and a quick ratio of 2.09. The company has a market capitalization of $97,934.35, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 2.94 and a beta of 0.09. NTT Docomo has a 12 month low of $22.58 and a 12 month high of $26.14.

NTT Docomo (NYSE:DCM) last announced its earnings results on Thursday, October 26th. The technology company reported $0.45 earnings per share (EPS) for the quarter. NTT Docomo had a net margin of 13.57% and a return on equity of 10.97%. analysts predict that NTT Docomo will post 1.83 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of DCM. Bank of New York Mellon Corp lifted its holdings in NTT Docomo by 36.2% during the second quarter. Bank of New York Mellon Corp now owns 82,251 shares of the technology company’s stock valued at $1,945,000 after purchasing an additional 21,871 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in NTT Docomo by 101.7% during the second quarter. Ameriprise Financial Inc. now owns 60,674 shares of the technology company’s stock valued at $1,435,000 after purchasing an additional 30,591 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in NTT Docomo by 7.4% during the second quarter. PNC Financial Services Group Inc. now owns 74,123 shares of the technology company’s stock valued at $1,754,000 after purchasing an additional 5,125 shares in the last quarter. UBS Asset Management Americas Inc. lifted its holdings in NTT Docomo by 5.0% during the second quarter. UBS Asset Management Americas Inc. now owns 119,375 shares of the technology company’s stock valued at $2,823,000 after purchasing an additional 5,668 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in NTT Docomo by 4.4% during the second quarter. Citigroup Inc. now owns 14,034 shares of the technology company’s stock valued at $332,000 after purchasing an additional 588 shares in the last quarter. 0.51% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for NTT Docomo (NYSE:DCM)

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