Nomura Holdings, Inc. (NYSE:NMR) Position Reduced by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 26.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 30,620 shares of the financial services provider’s stock after selling 11,054 shares during the period. Sequoia Financial Advisors LLC’s holdings in Nomura were worth $138,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. BSW Wealth Partners boosted its position in shares of Nomura by 30.3% during the 4th quarter. BSW Wealth Partners now owns 54,184 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 12,588 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in Nomura during the fourth quarter valued at approximately $110,000. Ballentine Partners LLC boosted its holdings in Nomura by 60.9% during the fourth quarter. Ballentine Partners LLC now owns 48,741 shares of the financial services provider’s stock worth $220,000 after buying an additional 18,449 shares in the last quarter. Successful Portfolios LLC acquired a new position in Nomura in the fourth quarter worth approximately $68,000. Finally, Pacer Advisors Inc. acquired a new position in Nomura in the fourth quarter worth approximately $124,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Nomura Trading Down 1.7 %

NYSE:NMR opened at $5.77 on Monday. The stock has a fifty day simple moving average of $6.01 and a 200 day simple moving average of $4.98. The firm has a market capitalization of $17.33 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 0.39 and a beta of 0.67. Nomura Holdings, Inc. has a 1-year low of $3.38 and a 1-year 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.

Nomura (NYSE:NMR) last announced its earnings results on Wednesday, January 31st. The financial services provider reported $0.11 EPS for the quarter, hitting the consensus estimate 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 quarter in the previous year, the business earned $0.15 earnings per share. Sell-side analysts forecast that Nomura Holdings, Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

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

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.