Zacks Investment Research lowered shares of Nomura Holdings Inc ADR (NYSE:NMR) from a buy rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “NOMURA HLDG-ADR is a leading financial services group in Japan and has worldwide operations, providing a wide range of value-added financial services and competitive products. These include brokerage, trading, underwriting, M&A financial advisory services, merchant banking, and development and management of investment trusts and investment advisory services to diversified clients such as individuals, corporations, financial institutions, governments and governmental agencies. “

A number of other analysts have also recently weighed in on the stock. BidaskClub cut shares of Nomura Holdings Inc ADR from a sell rating to a strong sell rating in a research report on Saturday, July 8th. TheStreet raised shares of Nomura Holdings Inc ADR from a d+ rating to a c rating in a research report on Wednesday, May 24th. Finally, ValuEngine cut shares of Nomura Holdings Inc ADR from a strong-buy rating to a buy rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $6.00.

Shares of Nomura Holdings Inc ADR (NMR) traded up 1.46% during mid-day trading on Thursday, hitting $5.55. The stock had a trading volume of 51,515 shares. The company’s 50 day moving average price is $5.68 and its 200 day moving average price is $6.05. Nomura Holdings Inc ADR has a 12-month low of $4.29 and a 12-month high of $6.80. The stock has a market cap of $19.69 billion, a P/E ratio of 8.78 and a beta of 1.59.

Nomura Holdings Inc ADR (NYSE:NMR) last announced its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Nomura Holdings Inc ADR had a return on equity of 8.69% and a net margin of 15.47%. The business had revenue of $4.21 billion for the quarter. Equities research analysts predict that Nomura Holdings Inc ADR will post $0.47 EPS for the current fiscal year.

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Hedge funds have recently modified their holdings of the business. Stevens Capital Management LP acquired a new position in Nomura Holdings Inc ADR in the 2nd quarter worth $100,000. Sei Investments Co. lifted its holdings in Nomura Holdings Inc ADR by 3.1% in the 1st quarter. Sei Investments Co. now owns 20,874 shares of the financial services provider’s stock worth $131,000 after buying an additional 619 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in Nomura Holdings Inc ADR in the 2nd quarter worth $131,000. CIBC World Markets Inc. lifted its holdings in Nomura Holdings Inc ADR by 12.9% in the 1st quarter. CIBC World Markets Inc. now owns 25,368 shares of the financial services provider’s stock worth $159,000 after buying an additional 2,892 shares in the last quarter. Finally, Ballentine Partners LLC lifted its holdings in Nomura Holdings Inc ADR by 87.3% in the 1st quarter. Ballentine Partners LLC now owns 26,135 shares of the financial services provider’s stock worth $164,000 after buying an additional 12,182 shares in the last quarter. Hedge funds and other institutional investors own 0.55% of the company’s stock.

About Nomura Holdings Inc ADR

Nomura Holdings, Inc (Nomura) is a financial services company. The Company, through its broker-dealer, banking and other financial services subsidiaries, provide investment, financing and related services to individual, institutional and government clients across the world. The Company’s segments include Retail, Asset Management and Wholesale.

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