Vise Technologies Inc. Increases Position in Nomura Holdings Inc ADR $NMR

Vise Technologies Inc. increased its holdings in Nomura Holdings Inc ADR (NYSE:NMRFree Report) by 227.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,947 shares of the financial services provider’s stock after acquiring an additional 106,974 shares during the period. Vise Technologies Inc.’s holdings in Nomura were worth $1,352,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NMR. Allworth Financial LP lifted its holdings in Nomura by 90.7% during the fourth 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 period. Eastern Bank bought a new position in Nomura in the 2nd quarter valued at $31,000. Farther Finance Advisors LLC grew its stake in Nomura by 101.2% in the 4th quarter. Farther Finance Advisors LLC now owns 5,001 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 2,515 shares during the period. V Square Quantitative Management LLC increased its position in shares of Nomura by 108.2% during the 1st quarter. V Square Quantitative Management LLC now owns 6,118 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 3,179 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Nomura by 1,019.0% during the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 5,859 shares during the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NMR has been the topic of a number of research analyst reports. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Bank of America upgraded shares of Nomura from a “neutral” rating to a “buy” rating and set a $10.20 price objective for the company in a report on Thursday, June 25th. Weiss Ratings raised shares of Nomura from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 17th. Wall Street Zen raised shares of Nomura from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Nomura upgraded shares of Nomura to a “buy” rating and set a $10.20 target price on the stock in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $10.20.

Check Out Our Latest Analysis on NMR

Nomura Price Performance

Nomura stock opened at $9.72 on Friday. The company has a debt-to-equity ratio of 8.06, a current ratio of 2.00 and a quick ratio of 2.00. The firm has a market capitalization of $28.52 billion, a P/E ratio of 11.30, a PEG ratio of 1.05 and a beta of 0.69. Nomura Holdings Inc ADR has a one year low of $6.71 and a one year high of $10.06. The business has a fifty day moving average price of $9.46 and a 200-day moving average price of $8.72.

Nomura (NYSE:NMRGet Free Report) last released its quarterly earnings results on Tuesday, June 30th. The financial services provider reported $0.30 earnings per share for the quarter. The firm had revenue of $4.19 billion for the quarter. Nomura had a net margin of 8.09% and a return on equity of 10.42%. As a group, equities research analysts forecast that Nomura Holdings Inc ADR will post 0.93 EPS for the current year.

About Nomura

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Nomura (NYSE:NMR)

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