Allspring Global Investments Holdings LLC Buys 3,990 Shares of Nomura Holdings Inc ADR (NYSE:NMR)

Allspring Global Investments Holdings LLC grew its position in Nomura Holdings Inc ADR (NYSE:NMR) by 7.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,942 shares of the financial services provider’s stock after acquiring an additional 3,990 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Nomura were worth $336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Canopy Partners LLC raised its position in Nomura by 11.0% during the 4th quarter. Canopy Partners LLC now owns 17,533 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 1,734 shares in the last quarter. Adero Partners LLC raised its holdings in shares of Nomura by 18.2% during the first quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider’s stock valued at $74,000 after acquiring an additional 1,848 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Nomura by 0.9% in the first quarter. QRG Capital Management Inc. now owns 221,065 shares of the financial services provider’s stock valued at $1,360,000 after purchasing an additional 1,991 shares during the last quarter. BSW Wealth Partners grew its position in Nomura by 3.0% in the first quarter. BSW Wealth Partners now owns 79,360 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 2,327 shares during the period. Finally, Gallacher Capital Management LLC boosted its position in shares of Nomura by 3.8% during the fourth quarter. Gallacher Capital Management LLC now owns 71,982 shares of the financial services provider’s stock worth $417,000 after buying an additional 2,622 shares during the period. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

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

Nomura Price Performance

Shares of NMR opened at $6.41 on Friday. The stock’s 50 day moving average is $6.11 and its two-hundred day moving average is $6.09. The firm has a market capitalization of $19.03 billion, a PE ratio of 8.77, a P/E/G ratio of 4.93 and a beta of 0.79. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 6.91. Nomura Holdings Inc ADR has a twelve month low of $4.66 and a twelve month high of $6.99.

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

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.