Baird Financial Group Inc. Acquires New Holdings in Nomura Holdings Inc ADR $NMR

Baird Financial Group Inc. acquired a new stake in shares of Nomura Holdings Inc ADR (NYSE:NMR) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 59,431 shares of the financial services provider’s stock, valued at approximately $366,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northern Trust Corp raised its position in Nomura by 86.7% in the fourth quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider’s stock worth $12,977,000 after acquiring an additional 1,041,022 shares in the last quarter. Jane Street Group LLC raised its position in Nomura by 185.3% in the fourth quarter. Jane Street Group LLC now owns 94,546 shares of the financial services provider’s stock worth $547,000 after acquiring an additional 61,403 shares in the last quarter. Ameriprise Financial Inc. raised its position in Nomura by 25.0% in the fourth quarter. Ameriprise Financial Inc. now owns 62,334 shares of the financial services provider’s stock worth $361,000 after acquiring an additional 12,468 shares in the last quarter. Bank of America Corp DE raised its position in Nomura by 13.7% in the fourth quarter. Bank of America Corp DE now owns 255,453 shares of the financial services provider’s stock worth $1,479,000 after acquiring an additional 30,704 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in Nomura in the fourth quarter worth about $84,000. 15.14% of the stock is currently owned by institutional investors.

Nomura Price Performance

Shares of Nomura stock opened at $7.54 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.58. Nomura Holdings Inc ADR has a 52 week low of $4.86 and a 52 week high of $7.55. The stock has a market cap of $22.29 billion, a PE ratio of 9.08, a price-to-earnings-growth ratio of 7.06 and a beta of 0.77. The company’s 50-day moving average price is $6.92 and its two-hundred day moving average price is $6.33.

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