Bleakley Financial Group LLC Makes New $110,000 Investment in Nomura Holdings, Inc. (NYSE:NMR)

Bleakley Financial Group LLC acquired a new position in shares of Nomura Holdings, Inc. (NYSE:NMR) during the 4th quarter, Holdings Channel reports. The fund acquired 24,402 shares of the financial services provider’s stock, valued at approximately $110,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NMR. Lake Street Advisors Group LLC lifted its position in Nomura by 13.6% during the third quarter. Lake Street Advisors Group LLC now owns 21,764 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 2,611 shares during the last quarter. Citigroup Inc. increased its position in shares of Nomura by 29.1% during the 3rd quarter. Citigroup Inc. now owns 13,292 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 2,995 shares during the last quarter. Evergreen Capital Management LLC lifted its position in Nomura by 16.5% in the third quarter. Evergreen Capital Management LLC now owns 21,498 shares of the financial services provider’s stock worth $86,000 after buying an additional 3,049 shares during the last quarter. Sage Rhino Capital LLC boosted its stake in Nomura by 20.2% during the third quarter. Sage Rhino Capital LLC now owns 19,350 shares of the financial services provider’s stock worth $78,000 after buying an additional 3,257 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Nomura by 32.4% during the 1st quarter. HighTower Advisors LLC now owns 13,815 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 3,380 shares during the period. 15.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised shares of Nomura from a “neutral” rating to a “buy” rating in a research note on Thursday, January 25th.

Nomura Price Performance

NMR opened at $5.92 on Wednesday. The stock has a market cap of $17.78 billion, a P/E ratio of 21.93, a PEG ratio of 0.40 and a beta of 0.67. Nomura Holdings, Inc. has a 52-week low of $3.38 and a 52-week high of $6.62. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 6.65. The business has a fifty day moving average of $5.99 and a 200 day moving average of $4.94.

Nomura (NYSE:NMR) last released its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11. The company had revenue of $7.32 billion during the quarter. Nomura had a net margin of 3.49% and a return on equity of 3.44%. During the same period last year, the company earned $0.15 earnings per share. As a group, sell-side analysts anticipate that Nomura Holdings, Inc. will post 0.33 EPS for the current year.

About Nomura

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.