US Bancorp DE Sells 6,087 Shares of Nomura Holdings Inc ADR $NMR

US Bancorp DE cut its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 163,908 shares of the financial services provider’s stock after selling 6,087 shares during the period. US Bancorp DE’s holdings in Nomura were worth $1,079,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its holdings in Nomura by 11.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider’s stock valued at $64,037,000 after purchasing an additional 1,094,218 shares during the period. Carrera Capital Advisors bought a new position in Nomura in the 1st quarter valued at $2,149,000. Goldman Sachs Group Inc. boosted its holdings in Nomura by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock valued at $28,400,000 after purchasing an additional 289,984 shares during the period. New York State Common Retirement Fund bought a new position in Nomura in the 1st quarter valued at $1,434,000. Finally, ABC Arbitrage SA boosted its holdings in Nomura by 37.4% in the 1st quarter. ABC Arbitrage SA now owns 297,655 shares of the financial services provider’s stock valued at $1,831,000 after purchasing an additional 81,009 shares during the period. 15.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on NMR. Weiss Ratings reissued a “hold (c)” rating on shares of Nomura in a report on Wednesday, October 8th. Zacks Research raised shares of Nomura from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Nomura Stock Performance

Nomura stock opened at $7.03 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.58. The company has a market capitalization of $20.77 billion, a PE ratio of 8.46, a P/E/G ratio of 3.41 and a beta of 0.74. The firm has a fifty day simple moving average of $7.27 and a two-hundred day simple moving average of $6.48. Nomura Holdings Inc ADR has a twelve month low of $4.86 and a twelve month high of $7.59.

Nomura (NYSE:NMR) last posted its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.04 billion. Nomura had a return on equity of 10.58% and a net margin of 8.06%. Research analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS 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.