Fisher Asset Management LLC increased its position in shares of Nomura Holdings Inc ADR (NYSE:NMR – Free Report) by 32.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,151,514 shares of the financial services provider’s stock after acquiring an additional 3,221,008 shares during the quarter. Fisher Asset Management LLC owned about 0.45% of Nomura worth $110,341,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in Nomura during the 4th quarter worth approximately $25,000. Allworth Financial LP boosted its stake in Nomura by 90.7% during the 4th quarter. Allworth Financial LP now owns 3,042 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 1,447 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Nomura by 101.2% during the 4th quarter. Farther Finance Advisors LLC now owns 5,001 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 2,515 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Nomura by 1,019.0% during the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 5,859 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Nomura by 467.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 7,442 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 6,130 shares during the last quarter. Institutional investors own 15.14% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on NMR. Weiss Ratings lowered shares of Nomura from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. raised shares of Nomura from a “neutral” rating to an “overweight” rating in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Nomura has an average rating of “Buy”.
Nomura Trading Down 0.1%
NMR stock opened at $8.11 on Tuesday. 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 has a fifty day moving average price of $8.03 and a two-hundred day moving average price of $8.25. Nomura Holdings Inc ADR has a one year low of $5.87 and a one year high of $9.58. The stock has a market cap of $23.78 billion, a price-to-earnings ratio of 10.13, a price-to-earnings-growth ratio of 1.94 and a beta of 0.71.
Nomura (NYSE:NMR – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The financial services provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). Nomura had a return on equity of 9.70% and a net margin of 7.64%.The company had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.43 billion. Equities analysts anticipate that Nomura Holdings Inc ADR will post 0.79 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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