Arrowstreet Capital Limited Partnership Has $11.40 Million Stock Holdings in Nomura Holdings Inc ADR $NMR

Arrowstreet Capital Limited Partnership decreased its holdings in shares of Nomura Holdings Inc ADR (NYSE:NMR) by 11.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,731,744 shares of the financial services provider’s stock after selling 229,517 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.06% of Nomura worth $11,395,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in NMR. Fisher Asset Management LLC boosted its position in Nomura by 0.3% during the 2nd quarter. Fisher Asset Management LLC now owns 9,829,802 shares of the financial services provider’s stock worth $64,680,000 after buying an additional 33,207 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Nomura by 6.7% during the first quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock valued at $28,400,000 after acquiring an additional 289,984 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Nomura by 1.9% during the first quarter. Northern Trust Corp now owns 2,283,072 shares of the financial services provider’s stock worth $14,041,000 after purchasing an additional 41,756 shares during the period. Carrera Capital Advisors increased its holdings in Nomura by 109.1% in the second quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider’s stock valued at $4,808,000 after purchasing an additional 381,235 shares during the period. Finally, Journey Advisory Group LLC increased its holdings in Nomura by 3.6% in the second quarter. Journey Advisory Group LLC now owns 617,515 shares of the financial services provider’s stock valued at $4,063,000 after purchasing an additional 21,744 shares during the period. Institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on NMR. Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Nomura in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Nomura Price Performance

Nomura stock opened at $7.78 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.71. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 4.24 and a beta of 0.70. Nomura Holdings Inc ADR has a 12 month low of $4.86 and a 12 month high of $7.98. The business’s 50 day simple moving average is $7.22 and its 200 day simple moving average is $6.94.

Nomura (NYSE:NMR) last announced its earnings results on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. The business had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.02 billion. Nomura had a return on equity of 10.23% and a net margin of 8.07%. Sell-side analysts forecast that Nomura Holdings Inc ADR will post 0.76 EPS for the current year.

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.