Carrera Capital Advisors Takes Position in Nomura Holdings Inc ADR (NYSE:NMR)

Key Points

• Carrera Capital Advisors invested approximately $2.15 million in Nomura Holdings, acquiring 349,481 shares during the first quarter.
• Several institutional investors, including Donald Smith & CO. Inc. and Northern Trust Corp, significantly increased their stakes in Nomura during the fourth quarter.
• Nomura reported earnings per share of $0.15 for the last quarter, missing analysts’ expectations of $0.18.

Carrera Capital Advisors bought a new stake in Nomura Holdings Inc ADR (NYSE:NMR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 349,481 shares of the financial services provider's stock, valued at approximately $2,149,000.

Other institutional investors have also modified their holdings of the company. Marietta Investment Partners LLC grew its position in shares of Nomura by 20.8% during the 1st quarter. Marietta Investment Partners LLC now owns 129,068 shares of the financial services provider's stock valued at $794,000 after buying an additional 22,212 shares during the last quarter. Abel Hall LLC bought a new stake in shares of Nomura during the 1st quarter valued at about $62,000. Choreo LLC grew its position in shares of Nomura by 7.5% during the 1st quarter. Choreo LLC now owns 39,731 shares of the financial services provider's stock valued at $244,000 after buying an additional 2,762 shares during the last quarter. New York State Common Retirement Fund bought a new stake in shares of Nomura during the 1st quarter valued at about $1,434,000. Finally, Ballentine Partners LLC grew its position in shares of Nomura by 3.5% during the 1st quarter. Ballentine Partners LLC now owns 73,338 shares of the financial services provider's stock valued at $451,000 after buying an additional 2,476 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company's stock.

Nomura Stock Performance

Shares of NYSE:NMR traded down $0.08 during trading on Thursday, reaching $6.66. 245,517 shares of the company's stock traded hands, compared to its average volume of 675,441. The company has a debt-to-equity ratio of 6.91, a current ratio of 1.11 and a quick ratio of 1.11. Nomura Holdings Inc ADR has a 12 month low of $4.66 and a 12 month high of $7.20. The company has a 50 day moving average of $6.33 and a 200-day moving average of $6.17. The stock has a market capitalization of $19.67 billion, a P/E ratio of 8.02, a price-to-earnings-growth ratio of 5.54 and a beta of 0.79.

Nomura (NYSE:NMR - Get Free Report) last posted its earnings results on Tuesday, July 29th. The financial services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). Nomura had a return on equity of 10.71% and a net margin of 8.06%. The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.04 billion. On average, equities analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current year.

Analysts Set New Price Targets

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

Nomura 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.