Cubist Systematic Strategies LLC Purchases New Position in Nomura Holdings, Inc. (NYSE:NMR)

Cubist Systematic Strategies LLC purchased a new stake in Nomura Holdings, Inc. (NYSE:NMR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 14,493 shares of the financial services provider’s stock, valued at approximately $84,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. R Squared Ltd purchased a new stake in shares of Nomura during the fourth quarter worth approximately $26,000. Adero Partners LLC purchased a new position in Nomura in the fourth quarter worth $59,000. Savant Capital LLC purchased a new position in Nomura in the fourth quarter worth $59,000. Cannell & Spears LLC purchased a new position in Nomura in the fourth quarter worth $73,000. Finally, SYM FINANCIAL Corp purchased a new position in Nomura in the fourth quarter worth $89,000. 15.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Nomura from a “buy” rating to a “hold” rating in a research report on Monday, April 28th.

Nomura Trading Down 0.5%

Shares of NMR stock opened at $5.97 on Tuesday. Nomura Holdings, Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $6.99. The stock has a market cap of $17.74 billion, a P/E ratio of 8.53, a P/E/G ratio of 0.30 and a beta of 0.77. The business has a fifty day simple moving average of $5.80 and a 200-day simple moving average of $6.02. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $451.20 billion. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal 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.