Cerity Partners LLC Grows Stock Position in Nomura Holdings Inc ADR (NYSE:NMR)

Cerity Partners LLC boosted its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 2.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 329,201 shares of the financial services provider’s stock after acquiring an additional 6,611 shares during the period. Cerity Partners LLC’s holdings in Nomura were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its position in shares of Nomura by 7.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 54,942 shares of the financial services provider’s stock valued at $336,000 after acquiring an additional 3,990 shares in the last quarter. Jane Street Group LLC lifted its holdings in Nomura by 185.3% in the 4th quarter. Jane Street Group LLC now owns 94,546 shares of the financial services provider’s stock valued at $547,000 after purchasing an additional 61,403 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Nomura by 68.8% during the 4th quarter. Millennium Management LLC now owns 974,917 shares of the financial services provider’s stock worth $5,645,000 after purchasing an additional 397,415 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Nomura by 43.4% during the 1st quarter. GAMMA Investing LLC now owns 17,921 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 5,421 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of Nomura during the fourth quarter worth about $249,000. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Nomura Trading Down 0.5%

Shares of NMR opened at $6.32 on Monday. Nomura Holdings Inc ADR has a 12 month low of $4.66 and a 12 month high of $6.99. The stock’s 50-day moving average is $6.20 and its two-hundred day moving average is $6.12. 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 stock has a market cap of $18.78 billion, a PE ratio of 8.66, a P/E/G ratio of 4.88 and a beta of 0.79.

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

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Nomura from a “buy” rating to a “hold” rating in a research note 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.