Nomura (NYSE:NMR) Lowered to Hold at StockNews.com

StockNews.com lowered shares of Nomura (NYSE:NMR) from a buy rating to a hold rating in a research note released on Thursday.

Separately, JPMorgan Chase & Co. assumed coverage on shares of Nomura in a research note on Thursday, August 29th. They issued a neutral rating on the stock.

Nomura Stock Performance

Shares of NMR stock opened at $5.43 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.24. Nomura has a 12-month low of $3.75 and a 12-month high of $6.62. The business’s 50 day moving average is $5.76 and its two-hundred day moving average is $5.90. The company has a market capitalization of $16.13 billion, a P/E ratio of 14.68 and a beta of 0.59.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Lester Murray Antman dba SimplyRich increased its stake in Nomura by 2.5% during the 2nd quarter. Lester Murray Antman dba SimplyRich now owns 73,332 shares of the financial services provider’s stock worth $423,000 after buying an additional 1,754 shares in the last quarter. Signaturefd LLC increased its position in shares of Nomura by 1.7% during the second quarter. Signaturefd LLC now owns 103,146 shares of the financial services provider’s stock worth $596,000 after purchasing an additional 1,772 shares in the last quarter. Optas LLC raised its stake in Nomura by 4.7% in the 2nd quarter. Optas LLC now owns 40,764 shares of the financial services provider’s stock valued at $236,000 after purchasing an additional 1,819 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Nomura by 36.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 2,018 shares in the last quarter. Finally, XY Capital Ltd boosted its stake in Nomura by 23.0% during the 2nd quarter. XY Capital Ltd now owns 13,276 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 2,481 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Nomura Company Profile

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.