Nokia Oyj (NYSE:NOK) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its position in shares of Nokia Oyj (NYSE:NOK - Free Report) by 201.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 176,992 shares of the technology company's stock after purchasing an additional 118,242 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Nokia Oyj were worth $784,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of NOK. Charles Schwab Investment Management Inc. lifted its holdings in shares of Nokia Oyj by 35.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 346,358 shares of the technology company's stock valued at $1,514,000 after buying an additional 91,459 shares during the period. Captrust Financial Advisors lifted its holdings in Nokia Oyj by 5.1% in the third quarter. Captrust Financial Advisors now owns 70,778 shares of the technology company's stock valued at $309,000 after acquiring an additional 3,453 shares during the period. Executive Wealth Management LLC purchased a new stake in Nokia Oyj in the 3rd quarter worth approximately $149,000. M&T Bank Corp grew its stake in shares of Nokia Oyj by 10.6% during the 3rd quarter. M&T Bank Corp now owns 67,275 shares of the technology company's stock worth $294,000 after purchasing an additional 6,463 shares during the period. Finally, Tidal Investments LLC increased its holdings in shares of Nokia Oyj by 15.3% during the 3rd quarter. Tidal Investments LLC now owns 52,596 shares of the technology company's stock valued at $230,000 after purchasing an additional 6,965 shares in the last quarter. Hedge funds and other institutional investors own 5.28% of the company's stock.

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Analyst Ratings Changes

NOK has been the topic of several analyst reports. StockNews.com lowered shares of Nokia Oyj from a "buy" rating to a "hold" rating in a research report on Monday, April 7th. JPMorgan Chase & Co. cut their price target on Nokia Oyj from $6.35 to $6.30 and set an "overweight" rating for the company in a research note on Friday, February 21st. Craig Hallum upped their price target on Nokia Oyj from $6.00 to $7.00 and gave the stock a "buy" rating in a report on Monday, January 6th. Finally, The Goldman Sachs Group lowered Nokia Oyj from a "neutral" rating to a "sell" rating and set a $3.60 price objective on the stock. in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $5.85.

Nokia Oyj Price Performance

Nokia Oyj stock traded up $0.04 during midday trading on Monday, reaching $5.00. The company had a trading volume of 1,023,044 shares, compared to its average volume of 17,554,512. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.58 and a quick ratio of 1.39. Nokia Oyj has a 12-month low of $3.29 and a 12-month high of $5.48. The company has a market capitalization of $27.24 billion, a P/E ratio of 19.94, a P/E/G ratio of 6.43 and a beta of 0.97. The firm's fifty day simple moving average is $5.05 and its 200-day simple moving average is $4.68.

Nokia Oyj (NYSE:NOK - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. Nokia Oyj had a return on equity of 10.30% and a net margin of 6.54%. As a group, equities analysts anticipate that Nokia Oyj will post 0.34 EPS for the current year.

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.