Integrated Quantitative Investments LLC purchased a new stake in shares of Nomura Holdings Inc ADR (NYSE:NMR – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 105,691 shares of the financial services provider’s stock, valued at approximately $768,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Orion Porfolio Solutions LLC grew its stake in shares of Nomura by 4,944.8% during the second quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock worth $16,272,000 after buying an additional 2,423,873 shares during the last quarter. Donald Smith & CO. Inc. boosted its holdings in shares of Nomura by 6.3% during the 2nd quarter. Donald Smith & CO. Inc. now owns 11,063,436 shares of the financial services provider’s stock valued at $72,797,000 after acquiring an additional 650,835 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Nomura by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock worth $28,400,000 after acquiring an additional 289,984 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Nomura by 49.8% in the 2nd quarter. Quantinno Capital Management LP now owns 779,036 shares of the financial services provider’s stock worth $5,126,000 after purchasing an additional 259,158 shares in the last quarter. Finally, AlphaCore Capital LLC raised its position in Nomura by 511.7% in the third quarter. AlphaCore Capital LLC now owns 144,264 shares of the financial services provider’s stock valued at $1,049,000 after purchasing an additional 120,680 shares during the last quarter. Institutional investors own 15.14% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.
Nomura Stock Down 4.4%
Nomura stock opened at $7.84 on Friday. The firm has a market cap of $23.00 billion, a price-to-earnings ratio of 9.92, a PEG ratio of 1.93 and a beta of 0.67. Nomura Holdings Inc ADR has a 52-week low of $4.86 and a 52-week high of $9.58. The company has a debt-to-equity ratio of 7.54, a quick ratio of 1.13 and a current ratio of 1.12. The firm has a 50 day moving average price of $8.96 and a two-hundred day moving average price of $7.94.
Nomura (NYSE:NMR – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The financial services provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.06). Nomura had a return on equity of 9.88% and a net margin of 7.81%.The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.25 billion. Equities analysts predict that Nomura Holdings Inc ADR will post 0.76 EPS for the current year.
About Nomura
Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.
Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.
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