Allspring Global Investments Holdings LLC Decreases Holdings in Nomura Holdings Inc ADR $NMR

Allspring Global Investments Holdings LLC trimmed its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 12.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,181 shares of the financial services provider’s stock after selling 6,761 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Nomura were worth $316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NMR. GAMMA Investing LLC increased its position in Nomura by 43.4% during the first 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. PDS Planning Inc lifted its stake in Nomura by 11.0% in the first quarter. PDS Planning Inc now owns 39,391 shares of the financial services provider’s stock worth $242,000 after acquiring an additional 3,888 shares during the last quarter. BSW Wealth Partners lifted its stake in Nomura by 3.0% in the first quarter. BSW Wealth Partners now owns 79,360 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 2,327 shares during the last quarter. Summit Trail Advisors LLC acquired a new stake in Nomura during the first quarter worth approximately $88,000. Finally, Bank of New York Mellon Corp raised its holdings in Nomura by 7.1% during the first quarter. Bank of New York Mellon Corp now owns 235,920 shares of the financial services provider’s stock worth $1,451,000 after purchasing an additional 15,717 shares in the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on NMR shares. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Nomura currently has a consensus rating of “Buy”.

Nomura Stock Down 0.6%

NMR opened at $6.92 on Friday. The firm has a 50 day moving average price of $7.25 and a 200 day moving average price of $6.55. The company has a market cap of $20.44 billion, a PE ratio of 8.33, a price-to-earnings-growth ratio of 3.35 and a beta of 0.74. Nomura Holdings Inc ADR has a 1 year low of $4.86 and a 1 year high of $7.59. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13.

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 analysts’ consensus estimates of $0.25 by ($0.01). The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.04 billion. Nomura had a return on equity of 10.58% and a net margin of 8.06%. Sell-side analysts expect that Nomura Holdings Inc ADR will post 0.76 earnings per share 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.