Envestnet Asset Management Inc. lessened its holdings in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 67.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 & Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of NMR. Wilmington Savings Fund Society FSB purchased a new position in Nomura during the 3rd quarter worth $25,000. R Squared Ltd purchased a new position in shares of Nomura during the fourth quarter valued at $26,000. Adero Partners LLC bought a new stake in shares of Nomura in the fourth quarter valued at about $59,000. Savant Capital LLC purchased a new stake in Nomura in the fourth quarter worth about $59,000. Finally, Cannell & Spears LLC purchased a new stake in Nomura in the fourth quarter worth about $73,000. Hedge funds and other institutional investors own 15.14% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Nomura from a "buy" rating to a "hold" rating in a research report on Monday, April 28th.
Get Our Latest Report on NMR
Nomura Stock Down 0.4 %
Shares of NYSE:NMR traded down $0.02 on Tuesday, reaching $5.54. The company had a trading volume of 433,665 shares, compared to its average volume of 760,985. The firm has a market capitalization of $16.46 billion, a PE ratio of 7.91, a PEG ratio of 0.30 and a beta of 0.77. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. Nomura Holdings, Inc. has a 52-week low of $4.66 and a 52-week high of $6.99. The firm's 50 day simple moving average is $5.93 and its 200-day simple moving average is $5.97.
Nomura (NYSE:NMR - Get Free Report) last announced its earnings results 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). Nomura had a net margin of 7.96% and a return on equity of 9.19%. The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates of $451.20 billion. As a group, analysts expect that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.
Nomura Profile
(
Free Report)
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.
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