SVB Wealth LLC Boosts Stock Position in Nomura Holdings, Inc. (NYSE:NMR)

SVB Wealth LLC grew its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 36.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,460 shares of the financial services provider’s stock after buying an additional 5,426 shares during the quarter. SVB Wealth LLC’s holdings in Nomura were worth $92,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of NMR. Ronald Blue Trust Inc. lifted its holdings in shares of Nomura by 109.2% during the 3rd quarter. Ronald Blue Trust Inc. now owns 11,085 shares of the financial services provider’s stock valued at $42,000 after buying an additional 5,786 shares during the period. Aaron Wealth Advisors LLC bought a new position in shares of Nomura during the 3rd quarter valued at $195,000. Ballentine Partners LLC lifted its holdings in shares of Nomura by 17.2% during the 3rd quarter. Ballentine Partners LLC now owns 30,292 shares of the financial services provider’s stock valued at $122,000 after buying an additional 4,453 shares during the period. Valeo Financial Advisors LLC bought a new position in shares of Nomura during the 3rd quarter valued at $45,000. Finally, Xponance Inc. bought a new position in shares of Nomura during the 3rd quarter valued at $51,000. 15.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Nomura Price Performance

Shares of Nomura stock opened at $5.89 on Wednesday. Nomura Holdings, Inc. has a one year low of $3.38 and a one year high of $6.62. The stock’s fifty day moving average is $6.03 and its 200 day moving average is $5.01. The stock has a market cap of $17.69 billion, a P/E ratio of 21.81, a P/E/G ratio of 0.39 and a beta of 0.67. The company has a debt-to-equity ratio of 6.65, a quick ratio of 1.10 and a current ratio of 1.10.

Nomura (NYSE:NMR) last announced its earnings results on Wednesday, January 31st. The financial services provider reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Nomura had a return on equity of 3.44% and a net margin of 3.49%. The company had revenue of $7.32 billion for the quarter. During the same period in the prior year, the business posted $0.15 earnings per share. Sell-side analysts anticipate that Nomura Holdings, Inc. will post 0.31 earnings per share for the current year.

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.