Coldstream Capital Management Inc. Acquires 67,401 Shares of Nomura Holdings Inc ADR $NMR

Coldstream Capital Management Inc. grew its holdings in shares of Nomura Holdings Inc ADR (NYSE:NMR) by 973.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,327 shares of the financial services provider’s stock after buying an additional 67,401 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Nomura were worth $489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Formidable Asset Management LLC bought a new stake in shares of Nomura in the 2nd quarter valued at approximately $414,000. Northern Trust Corp raised its holdings in Nomura by 1.9% during the 1st quarter. Northern Trust Corp now owns 2,283,072 shares of the financial services provider’s stock valued at $14,041,000 after buying an additional 41,756 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Nomura by 21.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 462,647 shares of the financial services provider’s stock worth $2,845,000 after buying an additional 80,540 shares during the last quarter. Baird Financial Group Inc. purchased a new position in Nomura during the first quarter worth $366,000. Finally, Callan Family Office LLC increased its position in Nomura by 152.4% during the second quarter. Callan Family Office LLC now owns 129,895 shares of the financial services provider’s stock valued at $855,000 after acquiring an additional 78,438 shares during the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Nomura Stock Performance

Nomura stock opened at $7.64 on Friday. The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market capitalization of $22.60 billion, a PE ratio of 9.21, a P/E/G ratio of 3.41 and a beta of 0.73. The company has a 50 day moving average price of $7.17 and a 200-day moving average price of $6.82. Nomura Holdings Inc ADR has a fifty-two week low of $4.86 and a fifty-two week high of $7.66.

Nomura (NYSE:NMR) last released its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05. The company had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $3.02 billion. Nomura had a return on equity of 10.23% and a net margin of 8.07%. As a group, equities analysts forecast that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

NMR has been the subject of several analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Nomura in a report on Wednesday. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Nomura presently has an average rating of “Buy”.

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.