Nomura Holdings Inc. (NYSE:NMR) traded down 2.6% on Wednesday . The stock traded as low as $3.38 and last traded at $3.42, with a volume of 730,084 shares traded. The stock had previously closed at $3.51.

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Nomura Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th. Jefferies Group lowered shares of Nomura Holdings from an “outperform” rating to a “neutral” rating in a report on Friday, June 24th. JPMorgan Chase & Co. lowered shares of Nomura Holdings from a “neutral” rating to an “underweight” rating in a report on Friday, June 24th. Finally, Daiwa Capital Markets lowered shares of Nomura Holdings from an “outperform” rating to a “neutral” rating in a report on Monday, June 27th. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. Nomura Holdings currently has a consensus rating of “Hold”.

The company has a 50 day moving average price of $3.96 and a 200 day moving average price of $4.50. The company has a market cap of $12.37 billion and a PE ratio of 9.97.

Nomura Holdings (NYSE:NMR) last posted its quarterly earnings results on Wednesday, April 27th. The company reported ($5.33) earnings per share for the quarter, missing the consensus estimate of $4.25 by $9.58. The firm earned $362.22 billion during the quarter, compared to the consensus estimate of $315.58 billion. The firm’s quarterly revenue was down 29.0% on a year-over-year basis. On average, equities research analysts forecast that Nomura Holdings Inc. will post $0.34 earnings per share for the current year.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Thornburg Investment Management Inc. increased its position in Nomura Holdings by 9.7% in the fourth quarter. Thornburg Investment Management Inc. now owns 608,790 shares of the company’s stock valued at $3,379,000 after buying an additional 53,616 shares during the last quarter. Comerica Bank increased its position in shares of Nomura Holdings by 3.2% in the fourth quarter. Comerica Bank now owns 211,718 shares of the company’s stock valued at $1,097,000 after buying an additional 6,597 shares in the last quarter. Finally, World Asset Management Inc increased its position in shares of Nomura Holdings by 2.4% in the fourth quarter. World Asset Management Inc now owns 202,847 shares of the company’s stock valued at $1,126,000 after buying an additional 4,671 shares in the last quarter.

Nomura Holdings, Inc (Nomura) is a Japan-based financial services company. The Company operates through three business segments: Retail, Asset Management and Wholesale. The Retail segment provides investment consultation services to individual clients in Japan. The Asset Management segment develops and manages investment trusts, and provides investment advisory services.

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