Savant Capital LLC Buys 11,730 Shares of Nomura Holdings Inc ADR $NMR

Savant Capital LLC raised its stake in Nomura Holdings Inc ADR (NYSE:NMR) by 97.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,810 shares of the financial services provider’s stock after acquiring an additional 11,730 shares during the period. Savant Capital LLC’s holdings in Nomura were worth $157,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NMR. Donald Smith & CO. Inc. boosted its stake in Nomura by 11.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider’s stock worth $64,037,000 after purchasing an additional 1,094,218 shares in the last quarter. Carrera Capital Advisors raised its holdings in Nomura by 109.1% in the second quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider’s stock worth $4,808,000 after buying an additional 381,235 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Nomura by 6.7% in the first quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock worth $28,400,000 after buying an additional 289,984 shares in the last quarter. New York State Common Retirement Fund purchased a new stake in shares of Nomura during the first quarter valued at approximately $1,434,000. Finally, ABC Arbitrage SA grew its holdings in shares of Nomura by 37.4% during the first quarter. ABC Arbitrage SA now owns 297,655 shares of the financial services provider’s stock valued at $1,831,000 after buying an additional 81,009 shares during the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

NMR has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Nomura in a report on Friday, October 31st. Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Nomura Stock Up 0.1%

Shares of Nomura stock opened at $7.00 on Friday. Nomura Holdings Inc ADR has a twelve month low of $4.86 and a twelve month high of $7.59. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.71. The company’s 50 day moving average is $7.18 and its 200 day moving average is $6.76. The company has a market cap of $20.68 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 3.41 and a beta of 0.74.

Nomura (NYSE:NMR) last announced its earnings results on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. The business had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.02 billion. Nomura had a net margin of 8.07% and a return on equity of 10.23%. Research analysts anticipate that Nomura Holdings Inc ADR will post 0.76 EPS for the current 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.