M&T Bank Corp Purchases 90,559 Shares of Nomura Holdings Inc ADR $NMR

M&T Bank Corp boosted its position in Nomura Holdings Inc ADR (NYSE:NMR) by 254.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 126,114 shares of the financial services provider’s stock after acquiring an additional 90,559 shares during the period. M&T Bank Corp’s holdings in Nomura were worth $1,058,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in Nomura by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 9,930,506 shares of the financial services provider’s stock worth $72,195,000 after acquiring an additional 100,704 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Nomura by 6.7% in 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. Orion Porfolio Solutions LLC grew its holdings in Nomura by 4,944.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock worth $16,272,000 after acquiring an additional 2,423,873 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Nomura by 27.3% during the 3rd quarter. Millennium Management LLC now owns 934,345 shares of the financial services provider’s stock valued at $6,793,000 after purchasing an additional 200,364 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Nomura by 49.8% during the 2nd quarter. Quantinno Capital Management LP now owns 779,036 shares of the financial services provider’s stock valued at $5,126,000 after purchasing an additional 259,158 shares in the last quarter. Institutional investors own 15.14% of the company’s stock.

Nomura Trading Up 3.3%

NYSE:NMR opened at $8.09 on Friday. Nomura Holdings Inc ADR has a one year low of $5.48 and a one year high of $9.58. The company has a debt-to-equity ratio of 7.38, a current ratio of 1.08 and a quick ratio of 1.13. The company’s 50-day simple moving average is $8.15 and its 200 day simple moving average is $8.13. The firm has a market capitalization of $23.72 billion, a P/E ratio of 10.11, a PEG ratio of 1.87 and a beta of 0.75.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Friday, April 24th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Nomura had a return on equity of 9.70% and a net margin of 7.64%.The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.43 billion. As a group, analysts forecast that Nomura Holdings Inc ADR will post 0.79 EPS for the current fiscal year.

Analyst Ratings Changes

NMR has been the topic of a number of research reports. JPMorgan Chase & Co. raised shares of Nomura from a “neutral” rating to an “overweight” rating in a research note on Thursday, March 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nomura in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Nomura currently has a consensus rating of “Buy”.

Nomura Profile

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.