Pitcairn Co. bought a new position in shares of Nokia Oyj (NYSE:NOK – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 36,724 shares of the technology company’s stock, valued at approximately $130,000.
Several other hedge funds and other institutional investors have also made changes to their positions in NOK. Kingswood Wealth Advisors LLC acquired a new position in Nokia Oyj during the fourth quarter worth approximately $46,000. MJP Associates Inc. ADV acquired a new position in Nokia Oyj during the fourth quarter worth approximately $103,000. Murphy Pohlad Asset Management LLC grew its stake in shares of Nokia Oyj by 4.0% in the 4th quarter. Murphy Pohlad Asset Management LLC now owns 562,180 shares of the technology company’s stock valued at $1,923,000 after purchasing an additional 21,745 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Nokia Oyj by 240.2% in the fourth quarter. International Assets Investment Management LLC now owns 78,412 shares of the technology company’s stock valued at $268,000 after purchasing an additional 55,362 shares during the period. Finally, Sowell Financial Services LLC acquired a new position in shares of Nokia Oyj in the fourth quarter valued at approximately $333,000. Institutional investors and hedge funds own 5.28% of the company’s stock.
Nokia Oyj Stock Down 0.5 %
Nokia Oyj stock opened at $3.81 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.57 and a current ratio of 1.82. The firm has a market capitalization of $21.04 billion, a price-to-earnings ratio of 23.94, a price-to-earnings-growth ratio of 4.45 and a beta of 1.12. Nokia Oyj has a fifty-two week low of $2.94 and a fifty-two week high of $4.09. The stock’s fifty day moving average is $3.82 and its two-hundred day moving average is $3.66.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Nokia Oyj
Nokia Oyj Company Profile
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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