Campbell & CO Investment Adviser LLC trimmed its stake in Nomura Holdings Inc ADR (NYSE:NMR – Free Report) by 62.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,269 shares of the financial services provider’s stock after selling 102,788 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Nomura were worth $445,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of NMR. NewSquare Capital LLC increased its position in Nomura by 288.5% in the second quarter. NewSquare Capital LLC now owns 4,402 shares of the financial services provider’s stock worth $29,000 after buying an additional 3,269 shares in the last quarter. MAI Capital Management grew its stake in shares of Nomura by 1,562.0% during the 2nd quarter. MAI Capital Management now owns 6,000 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 5,639 shares during the period. Osaic Holdings Inc. increased its holdings in Nomura by 1,019.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 5,859 shares in the last quarter. Global Retirement Partners LLC raised its stake in Nomura by 196.5% during the 3rd quarter. Global Retirement Partners LLC now owns 6,588 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 4,366 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in Nomura by 828.7% during the second quarter. Hantz Financial Services Inc. now owns 8,906 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 7,947 shares in the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on NMR. Weiss Ratings reissued a “hold (c)” rating on shares of Nomura in a research note on Monday, December 29th. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.
Nomura Trading Up 0.2%
Nomura stock opened at $9.00 on Friday. Nomura Holdings Inc ADR has a 1 year low of $4.86 and a 1 year high of $9.47. The firm’s 50 day moving average price is $8.22 and its 200-day moving average price is $7.46. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market cap of $26.40 billion, a P/E ratio of 10.84, a PEG ratio of 5.01 and a beta of 0.68.
Nomura (NYSE:NMR – Get Free Report) last posted its earnings results on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.05. The company had revenue of $3.37 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Nomura had a net margin of 8.07% and a return on equity of 10.23%. On average, equities analysts predict that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.
Nomura Company Profile
Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.
Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.
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