Nomura Holdings, Inc. (NYSE:NMR) Stock Position Cut by Ethic Inc.

Ethic Inc. trimmed its position in shares of Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,175,828 shares of the financial services provider's stock after selling 62,682 shares during the quarter. Ethic Inc.'s holdings in Nomura were worth $6,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. D. E. Shaw & Co. Inc. grew its position in shares of Nomura by 13.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,989,367 shares of the financial services provider's stock valued at $11,518,000 after acquiring an additional 232,741 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Nomura during the fourth quarter worth approximately $84,000. Bank of America Corp DE raised its position in shares of Nomura by 13.7% in the 4th quarter. Bank of America Corp DE now owns 255,453 shares of the financial services provider's stock worth $1,479,000 after acquiring an additional 30,704 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Nomura by 25.0% in the fourth quarter. Ameriprise Financial Inc. now owns 62,334 shares of the financial services provider's stock worth $361,000 after purchasing an additional 12,468 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Nomura by 185.3% in the 4th quarter. Jane Street Group LLC now owns 94,546 shares of the financial services provider's stock worth $547,000 after purchasing an additional 61,403 shares in the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Nomura Price Performance

NYSE:NMR traded down $0.06 during trading hours on Thursday, reaching $5.95. 313,159 shares of the company were exchanged, compared to its average volume of 752,204. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.99. The stock's 50-day moving average is $5.82 and its 200-day moving average is $5.99. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The firm has a market cap of $17.66 billion, a PE ratio of 8.49, a price-to-earnings-growth ratio of 0.30 and a beta of 0.77.

Nomura (NYSE:NMR - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates 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 anticipate that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.