<div id="readability-page-1"><p>Envestnet Asset Management Inc. boosted its holdings in  Nokia Corporation (NYSE:NOK - Free Report) by 110.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 561,915 shares of the technology company's stock after acquiring an additional 294,696 shares during the period. Envestnet Asset Management Inc.'s holdings in Nokia were worth $2,910,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game</li></ul><p>A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MQS Management LLC bought a new position in shares of  Nokia during the second quarter worth approximately $171,000.  Ethic Inc. grew its holdings in  Nokia by 7.9% in the 2nd quarter. Ethic Inc. now owns 334,537 shares of the technology company's stock valued at $1,730,000 after buying an additional 24,585 shares in the last quarter.  FNY Investment Advisers LLC acquired a new position in  Nokia in the 2nd quarter valued at $34,000.  Beverly Hills Private Wealth LLC bought a new position in  Nokia during the 2nd quarter worth $180,000.  Finally, Lesa Sroufe &amp; Co lifted its holdings in shares of  Nokia by 3.6% during the second quarter. Lesa Sroufe &amp; Co now owns 382,106 shares of the technology company's stock worth $1,979,000 after buying an additional 13,124 shares in the last quarter. 5.28% of the stock is owned by institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts recently commented on NOK shares. Wall Street Zen lowered shares of Nokia from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 8th. Santander lowered shares of Nokia to a &#34;neutral&#34; rating in a research report on Wednesday, October 29th. Danske downgraded shares of Nokia from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft  reiterated a &#34;buy&#34; rating on shares of Nokia in a research note on Wednesday, October 15th. Finally, Jefferies Financial Group upgraded Nokia from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday, October 28th. Seven investment analysts have rated the stock with a Buy rating, four have issued  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $5.87.</p><ul><li>Hidden Gems: 5 Stocks Under $10 With Massive Growth Potential</li></ul><p><b>View Our Latest Stock Analysis on Nokia</b></p><h2>Nokia Stock Down 0.8%</h2><p>NYSE:NOK opened at $6.73 on Friday. Nokia Corporation has a one year low of $3.91 and a one year high of $8.19. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.46 and a quick ratio of 1.21. The company has a market cap of $36.19 billion, a PE ratio of 37.36 and a beta of 0.84. The firm's 50 day simple moving average is $5.63 and its 200 day simple moving average is $5.11. </p><ul><li>Not Just China: 3 European Stocks Gaining Investor Interest</li></ul><p>Nokia (NYSE:NOK - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $5.61 billion during the quarter, compared to analysts' expectations of $4.67 billion. Nokia had a net margin of 4.65% and a return on equity of 8.31%. The company's revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.06 EPS.  On average, research analysts anticipate that  Nokia Corporation will post 0.34 earnings per share for the current year. </p><h2>Nokia Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Nokia</li><li>Quiet Period Expirations Explained</li><li>Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?</li><li>What Does a Stock Split Mean? </li><li>3 Under-the-Radar AI Stocks to Buy on the Dip</li><li>What is a Special Dividend?</li><li>Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5PSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5PSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Nokia Right Now?</h2><p>Before you consider Nokia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nokia wasn't on the list.</p><p>While Nokia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NOA3

<p>Envestnet Asset Management Inc. increased its holdings in Nokia Corporation by 110.3% in Q2, acquiring 294,696 additional shares, totaling 561,915 shares valued at $2.91 million. Other institutional investors also adjusted their stakes in Nokia. Analysts have mixed ratings on Nokia, with a consensus of 'Moderate Buy' and a target price of $5.87. Nokia's recent earnings exceeded expectations, reporting $0.07 EPS and $5.61 billion in revenue. The stock opened at $6.73, with a market cap of $36.19 billion.</p>

Envestnet Asset Management Inc. Acquires 294,696 Shares of Nokia Corporation $NOK