Renaissance Technologies LLC Invests $4.15 Million in Nokia Oyj (NYSE:NOK)

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Renaissance Technologies LLC bought a new stake in Nokia Oyj (NYSE:NOK – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 937,780 shares of the technology company’s stock, valued at approximately $4,154,000. Several other institutional investors have also modified their [...]

Renaissance Technologies LLC bought a new stake in Nokia Oyj ( NYSE:NOK – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 937,780 shares of the technology company’s stock, valued at approximately $4,154,000. Several other institutional investors have also modified their holdings of the business.

Foundations Investment Advisors LLC acquired a new stake in shares of Nokia Oyj during the fourth quarter worth $45,000. D.A.



Davidson & CO. acquired a new position in shares of Nokia Oyj during the fourth quarter worth about $46,000. Wedmont Private Capital acquired a new stake in Nokia Oyj in the 4th quarter valued at approximately $47,000.

Wealthstream Advisors Inc. bought a new stake in Nokia Oyj in the 4th quarter valued at approximately $49,000. Finally, Bank Julius Baer & Co.

Ltd Zurich acquired a new position in Nokia Oyj during the 4th quarter worth approximately $58,000. Institutional investors own 5.28% of the company’s stock.

Nokia Oyj Stock Performance Shares of NYSE NOK opened at $5.08 on Tuesday. Nokia Oyj has a 12 month low of $3.

56 and a 12 month high of $5.48. The stock has a 50 day moving average of $5.

08 and a 200-day moving average of $4.71. The company has a current ratio of 1.

58, a quick ratio of 1.39 and a debt-to-equity ratio of 0.14.

The company has a market capitalization of $27.70 billion, a P/E ratio of 20.32, a P/E/G ratio of 6.

43 and a beta of 0.97. Wall Street Analyst Weigh In Several research analysts recently commented on NOK shares.

StockNews.com upgraded shares of Nokia Oyj from a “hold” rating to a “buy” rating in a report on Tuesday, April 15th. Craig Hallum lifted their target price on Nokia Oyj from $6.

00 to $7.00 and gave the company a “buy” rating in a research report on Monday, January 6th. The Goldman Sachs Group downgraded Nokia Oyj from a “neutral” rating to a “sell” rating and set a $3.

60 price target for the company. in a research note on Thursday, January 16th. Finally, JPMorgan Chase & Co.

dropped their price objective on Nokia Oyj from $6.35 to $6.30 and set an “overweight” rating on the stock in a research note on Friday, February 21st.

One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $5.85.

Get Our Latest Research Report on NOK About Nokia Oyj ( Free Report ) 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.

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