Envestnet Asset Management Inc. Sells 195,513 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Envestnet Asset Management Inc. lowered its position in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 67.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,862 shares of the financial services provider's stock after selling 195,513 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Nomura were worth $543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in shares of Nomura by 225.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,737 shares of the financial services provider's stock worth $484,000 after acquiring an additional 64,268 shares during the last quarter. ABC Arbitrage SA bought a new stake in shares of Nomura during the 4th quarter worth $1,254,000. US Bancorp DE boosted its stake in Nomura by 17.5% in the fourth quarter. US Bancorp DE now owns 241,699 shares of the financial services provider's stock valued at $1,399,000 after acquiring an additional 35,948 shares during the last quarter. Callan Family Office LLC bought a new position in shares of Nomura during the 4th quarter valued at approximately $348,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Nomura in the 4th quarter worth approximately $1,087,000. Institutional investors own 15.14% of the company's stock.

Nomura Price Performance

Nomura stock traded up $0.09 during midday trading on Friday, reaching $5.65. 318,907 shares of the stock were exchanged, compared to its average volume of 755,632. The firm has a market cap of $16.78 billion, a PE ratio of 8.07, a PEG ratio of 0.30 and a beta of 0.77. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99. The company's fifty day moving average is $5.87 and its 200-day moving average is $5.97. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.

Nomura (NYSE:NMR - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). The company had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $451.20 billion. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Nomura from a "buy" rating to a "hold" rating in a research note on Monday, April 28th.

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.