HB Wealth Management LLC Makes New $105,000 Investment in Nomura Holdings Inc ADR $NMR

HB Wealth Management LLC bought a new position in shares of Nomura Holdings Inc ADR (NYSE:NMR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,010 shares of the financial services provider’s stock, valued at approximately $105,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Two Sigma Investments LP acquired a new position in shares of Nomura during the fourth quarter worth $154,000. Squarepoint Ops LLC acquired a new position in shares of Nomura during the fourth quarter worth $85,000. GAMMA Investing LLC lifted its holdings in shares of Nomura by 781.7% during the first quarter. GAMMA Investing LLC now owns 110,214 shares of the financial services provider’s stock worth $678,000 after purchasing an additional 97,714 shares during the period. Simon Quick Advisors LLC acquired a new position in shares of Nomura during the first quarter worth $120,000. Finally, Adero Partners LLC lifted 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 worth $74,000 after purchasing an additional 1,848 shares during the period. Institutional investors own 15.14% of the company’s stock.

Nomura Stock Performance

Shares of NMR stock opened at $7.12 on Wednesday. The stock has a market capitalization of $21.03 billion, a P/E ratio of 8.57, a PEG ratio of 3.55 and a beta of 0.74. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.58. The firm’s 50 day moving average is $7.24 and its 200 day moving average is $6.45. Nomura Holdings Inc ADR has a 12 month low of $4.86 and a 12 month high of $7.59.

Nomura (NYSE:NMR) last posted its earnings results 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 firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.04 billion. On average, sell-side analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Nomura from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a report on Saturday, September 27th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Nomura Company 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.