SYM FINANCIAL Corp Has $92,000 Holdings in Nomura Holdings Inc ADR $NMR

SYM FINANCIAL Corp reduced its stake in shares of Nomura Holdings Inc ADR (NYSE:NMR) by 13.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,039 shares of the financial services provider’s stock after selling 2,202 shares during the quarter. SYM FINANCIAL Corp’s holdings in Nomura were worth $92,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in shares of Nomura by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 34,913 shares of the financial services provider’s stock worth $230,000 after buying an additional 1,983 shares during the period. Ieq Capital LLC increased its stake in Nomura by 10.8% in the first quarter. Ieq Capital LLC now owns 21,082 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 2,055 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Nomura by 14.7% in the 2nd quarter. Blue Trust Inc. now owns 17,632 shares of the financial services provider’s stock valued at $116,000 after buying an additional 2,255 shares during the period. Ballentine Partners LLC grew its holdings in shares of Nomura by 3.5% in the 1st quarter. Ballentine Partners LLC now owns 73,338 shares of the financial services provider’s stock valued at $451,000 after buying an additional 2,476 shares during the period. Finally, Yousif Capital Management LLC grew its holdings in shares of Nomura by 5.5% in the 2nd quarter. Yousif Capital Management LLC now owns 50,350 shares of the financial services provider’s stock valued at $331,000 after buying an additional 2,605 shares during the period. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on NMR shares. Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Nomura has a consensus rating of “Buy”.

Nomura Stock Up 2.0%

NYSE:NMR opened at $7.23 on Wednesday. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $21.36 billion, a PE ratio of 8.70, a PEG ratio of 3.43 and a beta of 0.74. Nomura Holdings Inc ADR has a 52-week low of $4.86 and a 52-week high of $7.59. The stock has a 50-day simple moving average of $7.24 and a 200 day simple moving average of $6.58.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). The firm had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.04 billion. Nomura had a return on equity of 10.58% and a net margin of 8.06%. On average, sell-side analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current fiscal year.

Nomura Company 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.