Vise Technologies Inc. Takes $70,000 Position in Nomura Holdings Inc ADR $NMR

Vise Technologies Inc. bought a new position in shares of Nomura Holdings Inc ADR (NYSE:NMR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,638 shares of the financial services provider’s stock, valued at approximately $70,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewSquare Capital LLC lifted its holdings in Nomura by 288.5% in the 2nd quarter. NewSquare Capital LLC now owns 4,402 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 3,269 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Nomura by 828.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 8,906 shares of the financial services provider’s stock valued at $59,000 after buying an additional 7,947 shares in the last quarter. Abel Hall LLC bought a new stake in shares of Nomura during the first quarter valued at approximately $62,000. AlTi Global Inc. purchased a new position in shares of Nomura in the second quarter worth $69,000. Finally, Focus Partners Advisor Solutions LLC purchased a new position in shares of Nomura in the first quarter worth $71,000. Institutional investors own 15.14% of the company’s stock.

Nomura Trading Down 0.8%

Shares of NMR opened at $6.94 on Wednesday. The company’s fifty day moving average is $7.20 and its 200 day moving average is $6.76. Nomura Holdings Inc ADR has a fifty-two week low of $4.86 and a fifty-two week high of $7.59. The stock has a market capitalization of $20.50 billion, a PE ratio of 8.36, a P/E/G ratio of 3.41 and a beta of 0.74. The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.13 and a current ratio of 1.13.

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

Wall Street Analyst Weigh In

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

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.