Nomura Holdings Inc ADR $NMR Stake Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in Nomura Holdings Inc ADR (NYSE:NMR) by 37.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,717 shares of the financial services provider’s stock after purchasing an additional 63,994 shares during the quarter. JPMorgan Chase & Co.’s holdings in Nomura were worth $1,721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NMR. Orion Porfolio Solutions LLC increased its stake in Nomura by 4,944.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock worth $16,272,000 after purchasing an additional 2,423,873 shares in the last quarter. Goldman Sachs Group Inc. increased its stake 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 worth $28,400,000 after purchasing an additional 289,984 shares in the last quarter. Quantinno Capital Management LP grew its stake in Nomura by 49.8% during the 2nd quarter. Quantinno Capital Management LP now owns 779,036 shares of the financial services provider’s stock valued at $5,126,000 after acquiring an additional 259,158 shares in the last quarter. Millennium Management LLC grew its stake in Nomura by 27.3% during the 3rd quarter. Millennium Management LLC now owns 934,345 shares of the financial services provider’s stock valued at $6,793,000 after acquiring an additional 200,364 shares in the last quarter. Finally, AlphaCore Capital LLC grew its stake in Nomura by 511.7% during the 3rd quarter. AlphaCore Capital LLC now owns 144,264 shares of the financial services provider’s stock valued at $1,049,000 after acquiring an additional 120,680 shares in the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Nomura Stock Down 0.3%

Shares of Nomura stock opened at $8.06 on Wednesday. The firm has a market cap of $23.63 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 2.07 and a beta of 0.75. The company has a debt-to-equity ratio of 7.54, a current ratio of 1.12 and a quick ratio of 1.13. Nomura Holdings Inc ADR has a 52-week low of $4.86 and a 52-week high of $9.58. The stock has a 50-day simple moving average of $8.44 and a 200-day simple moving average of $8.02.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.06). The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.25 billion. Nomura had a net margin of 7.81% and a return on equity of 9.88%. On average, equities research analysts expect that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NMR has been the topic of several research analyst reports. JPMorgan Chase & Co. raised Nomura from a “neutral” rating to an “overweight” rating in a research note on Thursday, March 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nomura in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

About Nomura

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.