Henry James International Management Inc. Has $3.45 Million Stake in Nokia Oyj (NYSE:NOK)

Henry James International Management Inc. grew its position in Nokia Oyj (NYSE:NOK) by 12.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 974,299 shares of the technology company’s stock after acquiring an additional 111,437 shares during the period. Henry James International Management Inc.’s holdings in Nokia Oyj were worth $3,449,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of NOK. Sowell Financial Services LLC acquired a new stake in shares of Nokia Oyj in the 4th quarter valued at about $333,000. PDS Planning Inc grew its stake in shares of Nokia Oyj by 46.8% in the 1st quarter. PDS Planning Inc now owns 33,943 shares of the technology company’s stock valued at $120,000 after buying an additional 10,815 shares during the period. First Affirmative Financial Network grew its stake in shares of Nokia Oyj by 10.3% in the 1st quarter. First Affirmative Financial Network now owns 31,351 shares of the technology company’s stock valued at $111,000 after buying an additional 2,932 shares during the period. First Trust Direct Indexing L.P. grew its stake in shares of Nokia Oyj by 6.2% in the 4th quarter. First Trust Direct Indexing L.P. now owns 81,070 shares of the technology company’s stock valued at $277,000 after buying an additional 4,761 shares during the period. Finally, Prime Capital Investment Advisors LLC acquired a new stake in shares of Nokia Oyj in the 4th quarter valued at about $42,000. 5.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on NOK. StockNews.com raised shares of Nokia Oyj from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. JPMorgan Chase & Co. dropped their target price on shares of Nokia Oyj from $4.39 to $4.26 and set a “neutral” rating on the stock in a research report on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $4.42.

Nokia Oyj Trading Down 1.0 %

NYSE NOK traded down $0.04 on Tuesday, hitting $3.88. The company’s stock had a trading volume of 16,782,772 shares, compared to its average volume of 14,210,598. Nokia Oyj has a 52-week low of $2.94 and a 52-week high of $4.09. The company has a current ratio of 1.64, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. The company’s 50-day simple moving average is $3.83 and its 200 day simple moving average is $3.65. The firm has a market cap of $21.43 billion, a P/E ratio of 24.25, a PEG ratio of 1.26 and a beta of 1.12.

Nokia Oyj (NYSE:NOK) last announced its earnings results on Thursday, April 18th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.04. Nokia Oyj had a return on equity of 8.39% and a net margin of 3.90%. The firm had revenue of $5.07 billion during the quarter, compared to analyst estimates of $5.19 billion. Research analysts predict that Nokia Oyj will post 0.38 EPS for the current fiscal year.

About Nokia Oyj

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.