Nomura (NYSE:NMR) Shares Gap Down to $6.13

Nomura Holdings, Inc. (NYSE:NMR) shares gapped down before the market opened on Tuesday . The stock had previously closed at $6.13, but opened at $5.95. Nomura shares last traded at $5.91, with a volume of 189,720 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised shares of Nomura from a “neutral” rating to a “buy” rating in a report on Thursday, January 25th.

Nomura Stock Performance

The company’s 50-day moving average is $5.98 and its two-hundred day moving average is $4.93. The company has a market capitalization of $17.81 billion, a P/E ratio of 22.70, a PEG ratio of 0.40 and a beta of 0.67. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 6.65.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Nomura had a net margin of 3.49% and a return on equity of 3.44%. The firm had revenue of $7.32 billion for the quarter. During the same period in the previous year, the company earned $0.15 EPS. Equities analysts anticipate that Nomura Holdings, Inc. will post 0.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nomura

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC raised its stake in shares of Nomura by 1,355.2% during the second quarter. Jane Street Group LLC now owns 1,958,626 shares of the financial services provider’s stock worth $7,012,000 after acquiring an additional 1,824,030 shares in the last quarter. Morgan Stanley lifted its stake in Nomura by 24.5% in the fourth quarter. Morgan Stanley now owns 7,521,760 shares of the financial services provider’s stock worth $28,207,000 after purchasing an additional 1,480,364 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Nomura by 21.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,933,656 shares of the financial services provider’s stock valued at $17,741,000 after buying an additional 689,849 shares during the period. BlackRock Inc. grew its stake in shares of Nomura by 18.5% during the first quarter. BlackRock Inc. now owns 3,837,690 shares of the financial services provider’s stock valued at $14,583,000 after buying an additional 599,278 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Nomura by 167.6% in the 2nd quarter. Renaissance Technologies LLC now owns 931,190 shares of the financial services provider’s stock valued at $3,566,000 after acquiring an additional 583,200 shares during the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.