Nomura Holdings Inc (NMR) Position Boosted by Parallel Advisors LLC

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Parallel Advisors LLC lifted its holdings in shares of Nomura Holdings Inc (NYSE:NMR) by 102.3% in the first quarter, HoldingsChannel reports. The fund owned 9,996 shares of the financial services provider’s stock after purchasing an additional 5,056 shares during the period. Parallel Advisors LLC’s holdings in Nomura were worth $36,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. D. E. Shaw & Co. Inc. raised its holdings in shares of Nomura by 12.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,085,946 shares of the financial services provider’s stock valued at $4,039,000 after acquiring an additional 119,471 shares in the last quarter. Two Sigma Advisers LP bought a new position in shares of Nomura during the fourth quarter valued at approximately $59,000. CAPROCK Group Inc. raised its holdings in shares of Nomura by 121.8% during the first quarter. CAPROCK Group Inc. now owns 37,982 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 20,859 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Nomura by 75.2% during the first quarter. Quadrant Capital Group LLC now owns 121,332 shares of the financial services provider’s stock valued at $426,000 after acquiring an additional 52,097 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Nomura by 28.0% during the third quarter. Bank of New York Mellon Corp now owns 86,564 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 18,961 shares in the last quarter. Institutional investors own 0.79% of the company’s stock.

NMR opened at $3.23 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 6.02. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of -11.96 and a beta of 1.40. Nomura Holdings Inc has a 12-month low of $3.15 and a 12-month high of $5.52.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.07. The business had revenue of $2.74 billion during the quarter. Nomura had a negative return on equity of 3.56% and a negative net margin of 6.03%. On average, equities analysts predict that Nomura Holdings Inc will post 0.37 earnings per share for the current year.

A number of equities analysts have issued reports on NMR shares. Zacks Investment Research downgraded Nomura from a “hold” rating to a “strong sell” rating in a report on Saturday, April 27th. JPMorgan Chase & Co. started coverage on Nomura in a report on Thursday, February 28th. They issued an “underweight” rating for the company. Finally, Citigroup downgraded Nomura from a “neutral” rating to a “sell” rating in a report on Thursday. Four equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. The company presently has a consensus rating of “Sell”.

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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, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

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Institutional Ownership by Quarter for Nomura (NYSE:NMR)

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