Nomura Holdings Inc ADR (NYSE:NMR) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in Nomura Holdings Inc ADR (NYSE:NMR) by 781.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,214 shares of the financial services provider’s stock after buying an additional 97,714 shares during the quarter. GAMMA Investing LLC’s holdings in Nomura were worth $678,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Savant Capital LLC acquired a new stake in Nomura in the fourth quarter valued at approximately $59,000. Cannell & Spears LLC acquired a new stake in shares of Nomura during the fourth quarter worth $73,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Nomura during the fourth quarter worth $84,000. Campbell Deegan Wealth Management LLC acquired a new stake in Nomura in the fourth quarter valued at $84,000. Finally, Squarepoint Ops LLC acquired a new stake in Nomura in the fourth quarter valued at $85,000. Institutional investors and hedge funds own 15.14% of the company’s stock.

Nomura Stock Performance

Shares of NYSE NMR opened at $6.10 on Wednesday. The company has a market cap of $18.12 billion, a PE ratio of 8.36, a price-to-earnings-growth ratio of 5.86 and a beta of 0.78. Nomura Holdings Inc ADR has a 12 month low of $4.66 and a 12 month high of $6.99. The company has a debt-to-equity ratio of 6.91, a current ratio of 1.11 and a quick ratio of 1.11. The company has a 50-day simple moving average of $5.81 and a 200-day simple moving average of $6.05.

Nomura (NYSE:NMR) last released its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). Nomura had a net margin of 7.21% and a return on equity of 9.59%. The company had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $451.20 billion. On average, equities analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of Nomura from a “buy” rating to a “hold” rating in a research report on Monday, April 28th.

Nomura 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.