Two Stocks in Concentration: Nokia Corporation (NOK), Digital Power Corp. (DPW)

Doris Richards
December 13, 2017

Cwm Llc sold 56,081 shares as Nokia Corp (NOK)'s stock rose 22.38%.

Bnp Paribas Arbitrage Sa decreased Nokia Corp (NOK) stake by 99.91% reported in 2017Q2 SEC filing. About 19.54 million shares traded or 41.85% up from the average. Chartwell Investment Partners LLC grew its stake in Nokia Oyj by 72.1% during the 3rd quarter. At the close of regular trading, its last week's stock price volatility was 3.65% which for the month reaches 3.54%. The percentage of shares being held by the company management was 1.3% while institutional stake was 1.4%. Cutter & CO Brokerage Inc. boosted its position in Nokia Corporation by 14.6% in the first quarter. GA ADV now owns 102,153 shares of the technology company's stock worth $629,000 after purchasing an additional 3,327 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: "Nokia Oyj (NOK) Stake Lowered by Boothbay Fund Management LLC" was posted by The Lincolnian Online and is the property of of The Lincolnian Online. Greenleaf Trust now owns 33,585 shares of the technology company's stock worth $207,000 after purchasing an additional 801 shares in the last quarter. Institutional investors own 5.89% of the company's stock.

Nokia Corporation (NYSE:NOK) attracted analysts when it go through a change of -1.29% to trade at $4.58. Menora Mivtachim Holdings LTD. now owns 30,500 shares of the technology company's stock worth $147,000 after buying an additional 13,000 shares during the last quarter. The stock is trading for about -30.23% less than its 52-week high.

The company's ATR (Average True Range) is 0.75.

Nokia Corp (NYSE:NOK)'s trailing twelve month revenues are $27.31 Billion, whereas its price to sales ratio for the same period is 1.


More notable recent Nokia Corporation (NYSE:NOK) news were published by: Investorplace.com which released: "Nokia Oyj (ADR) (NOK) Stock Needs a New Story" on July 06, 2017, also Investorplace.com with their article: "Nokia Oyj (ADR) (NOK) Plays Nice With Apple, Has 25% Upside" published on June 28, 2017, Investorplace.com published: "Can Nokia Oyj (ADR) (NOK) Earnings Justify Investor Confidence?" on April 21, 2017. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01.

Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of 39.90%; the net profit margin of -2.10% while its Operating margin was -0.40% for Nokia Corporation (NOK). The business had revenue of $5.54 billion during the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company's revenue for the quarter was down 7.0% on a year-over-year basis. analysts anticipate that Nokia will post 0.33 earnings per share for the current year.

Several research analysts have recently commented on the company.

In the most updated research from a number of analysts on Wall Street, the company gets 5 Buys and 0 Sell among 15 analysts. Finally, Bank of America Corporation reiterated a "neutral" rating on shares of Nokia Corporation in a research report on Friday, June 2nd. J P Morgan Chase & Co reaffirmed a "buy" rating on shares of Nokia in a research note on Friday, October 27th. Nokia has an average rating of "Hold" and a consensus target price of $5.72. Argus cut Nokia Oyj from a "buy" rating to a "hold" rating and increased their target price for the stock from $4.76 to $4.91 in a research note on Monday, October 30th. The stock of Nokia Corporation (NYSE:NOK) earned "Buy" rating by Credit Agricole on Tuesday, September 22. Wall Street experts also assign a $5.97 price target on Nokia Corporation, pointing towards a 28.66% rally from current levels.

Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market.

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