Ethic Inc. Sells 62,682 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Ethic Inc. lessened its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 5.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,175,828 shares of the financial services provider’s stock after selling 62,682 shares during the period. Ethic Inc.’s holdings in Nomura were worth $6,808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NMR. D. E. Shaw & Co. Inc. lifted its holdings in Nomura by 13.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,989,367 shares of the financial services provider’s stock worth $11,518,000 after buying an additional 232,741 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Nomura in the 4th quarter valued at approximately $84,000. Bank of America Corp DE boosted its position in shares of Nomura by 13.7% during the fourth quarter. Bank of America Corp DE now owns 255,453 shares of the financial services provider’s stock valued at $1,479,000 after purchasing an additional 30,704 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Nomura by 25.0% in the fourth quarter. Ameriprise Financial Inc. now owns 62,334 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 12,468 shares during the period. Finally, Jane Street Group LLC raised its holdings in Nomura by 185.3% in the fourth quarter. Jane Street Group LLC now owns 94,546 shares of the financial services provider’s stock worth $547,000 after purchasing an additional 61,403 shares in the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Nomura Price Performance

NMR stock opened at $5.63 on Friday. The firm has a 50 day moving average price of $5.86 and a 200-day moving average price of $5.97. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 0.30 and a beta of 0.77. Nomura Holdings, Inc. has a 52-week low of $4.66 and a 52-week high of $6.99. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.

Nomura (NYSE:NMR) last issued its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). Nomura had a return on equity of 9.19% and a net margin of 7.96%. The firm had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $451.20 billion. Equities research analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Nomura from a “buy” rating to a “hold” rating in a report on Monday, April 28th.

Nomura Profile

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.