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RNC Capital Management LLC Takes $313,000 Position in Nomura Holdings Inc ADR $NMR

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Key Points

  • RNC Capital Management LLC acquired 50,839 shares of Nomura Holdings Inc ADR, valued at approximately $313,000, in the first quarter.
  • Nomura's stock recently increased by 3.3%, trading at $7.44, with a market capitalization of $21.98 billion.
  • The company reported earnings of $0.24 per share for the latest quarter, missing the consensus estimate of $0.25, although it exceeded revenue expectations with $3.53 billion.
  • MarketBeat previews the top five stocks to own by October 1st.

RNC Capital Management LLC bought a new stake in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 50,839 shares of the financial services provider's stock, valued at approximately $313,000.

Several other large investors also recently made changes to their positions in NMR. Abel Hall LLC bought a new stake in shares of Nomura during the first quarter valued at approximately $62,000. Focus Partners Advisor Solutions LLC acquired a new stake in Nomura in the 1st quarter valued at approximately $71,000. Adero Partners LLC raised its stake in Nomura by 18.2% during the 1st quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider's stock valued at $74,000 after acquiring an additional 1,848 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new position in Nomura during the 1st quarter worth $81,000. Finally, Campbell Deegan Wealth Management LLC bought a new position in shares of Nomura in the fourth quarter worth $84,000. Institutional investors and hedge funds own 15.14% of the company's stock.

Nomura Stock Performance

Shares of NYSE NMR traded down $0.03 during midday trading on Friday, reaching $7.52. 520,511 shares of the company traded hands, compared to its average volume of 636,748. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 7.06 and a beta of 0.77. The stock has a 50-day moving average price of $6.92 and a 200 day moving average price of $6.33. Nomura Holdings Inc ADR has a 52 week low of $4.86 and a 52 week high of $7.56. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.13 and a quick ratio of 1.13.

Nomura (NYSE:NMR - Get Free Report) last announced its earnings results on Tuesday, July 29th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.04 billion. Nomura had a net margin of 8.06% and a return on equity of 10.58%. Sell-side analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

Nomura Company 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.

Further Reading

Institutional Ownership by Quarter for Nomura (NYSE:NMR)

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