Donald Smith & CO. Inc. increased its holdings in Nomura Holdings Inc ADR (NYSE:NMR – Free Report) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,695,534 shares of the financial services provider’s stock after purchasing an additional 274,787 shares during the quarter. Nomura accounts for 2.0% of Donald Smith & CO. Inc.’s holdings, making the stock its 22nd biggest position. Donald Smith & CO. Inc.’s holdings in Nomura were worth $106,516,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in NMR. V Square Quantitative Management LLC bought a new stake in shares of Nomura in the 4th quarter worth approximately $25,000. Allworth Financial LP raised its holdings in shares of Nomura by 90.7% in the 4th quarter. Allworth Financial LP now owns 3,042 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 1,447 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Nomura by 101.2% in the 4th quarter. Farther Finance Advisors LLC now owns 5,001 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 2,515 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Nomura by 1,019.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 5,859 shares in the last quarter. Finally, Sei Investments Co. bought a new stake in shares of Nomura in the 2nd quarter worth approximately $67,000. 15.14% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
NMR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of Nomura from a “neutral” rating to an “overweight” rating in a report on Thursday, March 19th. Weiss Ratings lowered shares of Nomura from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
Nomura Stock Down 2.0%
Nomura stock opened at $8.54 on Thursday. The firm has a market cap of $25.04 billion, a PE ratio of 10.67, a P/E/G ratio of 2.08 and a beta of 0.70. The company has a debt-to-equity ratio of 7.38, a quick ratio of 1.13 and a current ratio of 1.08. The firm’s 50 day moving average price is $8.19 and its two-hundred day moving average price is $8.35. Nomura Holdings Inc ADR has a twelve month low of $6.02 and a twelve month high of $9.58.
Nomura (NYSE:NMR – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The financial services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.05). The company had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.43 billion. Nomura had a net margin of 7.64% and a return on equity of 9.70%. On average, research analysts predict that Nomura Holdings Inc ADR will post 0.79 EPS for the current fiscal year.
Nomura Company Profile
Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.
Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.
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