Nomura (NYSE:NMR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Nomura (NYSE:NMR – Get Rating) in a report published on Thursday morning. The firm issued a hold rating on the financial services provider’s stock.

Separately, Jefferies Financial Group cut shares of Nomura from a buy rating to a hold rating in a research note on Wednesday, January 25th.

Nomura Trading Down 2.2 %

Shares of Nomura stock opened at $3.60 on Thursday. The company’s fifty day simple moving average is $4.00 and its 200-day simple moving average is $3.66. The stock has a market capitalization of $10.86 billion, a PE ratio of 12.86, a P/E/G ratio of 0.96 and a beta of 0.66. Nomura has a 1-year low of $2.99 and a 1-year high of $4.54. The company has a debt-to-equity ratio of 6.57, a current ratio of 1.19 and a quick ratio of 1.19.

Nomura (NYSE:NMR – Get Rating) last issued its quarterly earnings results on Wednesday, February 1st. The financial services provider reported $0.15 earnings per share for the quarter. Nomura had a net margin of 5.67% and a return on equity of 3.63%. The business had revenue of $5.48 billion for the quarter, compared to analysts’ expectations of $2.88 billion. As a group, equities analysts anticipate that Nomura will post 0.26 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Wipfli Financial Advisors LLC purchased a new position in shares of Nomura during the 3rd quarter valued at $31,000. IFP Advisors Inc increased its holdings in Nomura by 2,292.2% in the 3rd quarter. IFP Advisors Inc now owns 3,684 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 3,530 shares during the last quarter. PFG Advisors bought a new stake in Nomura in the 3rd quarter valued at $34,000. Optas LLC bought a new stake in Nomura in the 3rd quarter valued at $38,000. Finally, SVB Wealth LLC bought a new stake in Nomura in the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 0.98% of the company’s stock.

About Nomura

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Nomura Holdings, Inc operates as a holding company which provides the investment and financial services. It operates through the following segments: Retail, Asset Management, Wholesale and Merchant Banking. The Retail segment includes investment consultation services, distribution of trust certificates, and management of insurance agencies.