Geode Capital Management LLC reduced its stake in shares of Nomura Holdings Inc (NYSE:NMR) by 9.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,308 shares of the financial services provider’s stock after selling 4,268 shares during the quarter. Geode Capital Management LLC’s holdings in Nomura were worth $149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently made changes to their positions in NMR. Bank of New York Mellon Corp raised its stake in Nomura by 28.0% in the 3rd 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 during the period. Virtu Financial LLC bought a new stake in Nomura in the 4th quarter valued at $42,000. Lourd Capital LLC raised its stake in Nomura by 23.3% in the 4th quarter. Lourd Capital LLC now owns 66,450 shares of the financial services provider’s stock valued at $247,000 after acquiring an additional 12,563 shares during the period. Bank of Montreal Can raised its stake in Nomura by 10.8% in the 4th quarter. Bank of Montreal Can now owns 141,589 shares of the financial services provider’s stock valued at $527,000 after acquiring an additional 13,801 shares during the period. Finally, Dorsey & Whitney Trust CO LLC raised its stake in Nomura by 20.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 23,458 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 3,980 shares during the period. 0.79% of the stock is owned by institutional investors and hedge funds.
NMR stock opened at $3.23 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 6.02. The firm has a market cap of $11.37 billion, a price-to-earnings ratio of -11.96 and a beta of 1.40. Nomura Holdings Inc has a fifty-two week low of $3.15 and a fifty-two week 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 for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $2.74 billion for the quarter. Nomura had a negative return on equity of 3.56% and a negative net margin of 6.03%. As a group, equities analysts expect that Nomura Holdings Inc will post 0.37 EPS for the current fiscal year.
Several research firms have weighed in on NMR. Zacks Investment Research cut Nomura from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 27th. Citigroup cut Nomura from a “neutral” rating to a “sell” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. began coverage on Nomura in a research report on Thursday, February 28th. They set an “underweight” rating on the stock. Four investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. The stock has a consensus rating of “Sell”.
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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