Nomura Holdings Inc ADR (NYSE:NMR) Shares Sold by Assetmark Inc.

Assetmark Inc. decreased its position in Nomura Holdings Inc ADR (NYSE:NMR) by 20.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,094 shares of the financial services provider’s stock after selling 3,527 shares during the quarter. Assetmark Inc.’s holdings in Nomura were worth $87,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in NMR. Canopy Partners LLC increased its stake in shares of 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 acquiring an additional 1,734 shares during the last quarter. Adero Partners LLC increased its stake in shares of Nomura by 18.2% during the 1st 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 stake in shares of Nomura by 0.9% during the 1st quarter. QRG Capital Management Inc. now owns 221,065 shares of the financial services provider’s stock valued at $1,360,000 after acquiring an additional 1,991 shares during the last quarter. BSW Wealth Partners increased its stake in shares of Nomura by 3.0% during the 1st quarter. BSW Wealth Partners now owns 79,360 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 2,327 shares during the last quarter. Finally, Ballentine Partners LLC increased its stake in shares of Nomura by 3.5% during the 1st quarter. Ballentine Partners LLC now owns 73,338 shares of the financial services provider’s stock valued at $451,000 after acquiring an additional 2,476 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Wall Street Analyst Weigh In

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

Nomura Trading Up 1.1%

NYSE NMR opened at $6.76 on Tuesday. Nomura Holdings Inc ADR has a 12 month low of $4.66 and a 12 month high of $7.20. The company has a 50-day moving average of $6.36 and a 200-day moving average of $6.19. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $19.97 billion, a P/E ratio of 8.14, a P/E/G ratio of 6.32 and a beta of 0.78.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.04 billion. Nomura had a net margin of 8.06% and a return on equity of 10.58%. As a group, equities analysts predict that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

About Nomura

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.