Simplicity Solutions LLC Makes New $110,000 Investment in Nomura Holdings, Inc. (NYSE:NMR)

Simplicity Solutions LLC bought a new position in Nomura Holdings, Inc. (NYSE:NMR) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 24,402 shares of the financial services provider’s stock, valued at approximately $110,000.

A number of other institutional investors have also added to or reduced their stakes in NMR. Bruce G. Allen Investments LLC purchased a new position in shares of Nomura in the 4th quarter worth about $29,000. Ronald Blue Trust Inc. boosted its holdings in shares of Nomura by 109.2% in the 3rd quarter. Ronald Blue Trust Inc. now owns 11,085 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 5,786 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in shares of Nomura in the 3rd quarter worth about $45,000. Captrust Financial Advisors boosted its holdings in shares of Nomura by 42.7% in the 3rd quarter. Captrust Financial Advisors now owns 12,240 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 3,660 shares in the last quarter. Finally, Xponance Inc. purchased a new position in shares of Nomura in the 3rd quarter worth about $51,000. 15.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Nomura Price Performance

NMR opened at $5.77 on Monday. The stock has a 50-day moving average price of $6.01 and a 200-day moving average price of $4.98. Nomura Holdings, Inc. has a 12-month low of $3.38 and a 12-month high of $6.62. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 6.65. The stock has a market capitalization of $17.33 billion, a P/E ratio of 21.37, a PEG ratio of 0.39 and a beta of 0.67.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. The firm had revenue of $7.32 billion during the quarter. Nomura had a return on equity of 3.44% and a net margin of 3.49%. During the same quarter in the previous year, the company posted $0.15 earnings per share. Equities analysts predict that Nomura Holdings, Inc. will post 0.31 earnings per share for the current fiscal 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.