Carrera Capital Advisors Invests $2.15 Million 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 position in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 349,481 shares of the financial services provider's stock, valued at approximately $2,149,000.

A number of other large investors also recently made changes to their positions in the company. Donald Smith & CO. Inc. increased its stake in Nomura by 44.0% during the 4th quarter. Donald Smith & CO. Inc. now owns 9,318,383 shares of the financial services provider's stock worth $53,953,000 after acquiring an additional 2,846,601 shares during the period. Northern Trust Corp increased its stake in Nomura by 86.7% during the 4th quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider's stock worth $12,977,000 after acquiring an additional 1,041,022 shares during the period. Millennium Management LLC increased its stake in Nomura by 68.8% during the 4th quarter. Millennium Management LLC now owns 974,917 shares of the financial services provider's stock worth $5,645,000 after acquiring an additional 397,415 shares during the period. Marshall Wace LLP increased its stake in Nomura by 178.6% during the 4th quarter. Marshall Wace LLP now owns 615,924 shares of the financial services provider's stock worth $3,566,000 after acquiring an additional 394,866 shares during the period. Finally, New York State Common Retirement Fund bought a new position in Nomura during the 1st quarter worth $1,434,000. Institutional investors own 15.14% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Nomura from a "buy" rating to a "hold" rating in a research note on Monday, April 28th.

Nomura Price Performance

Nomura stock opened at $6.79 on Friday. The stock's fifty day moving average price is $6.28 and its two-hundred day moving average price is $6.15. The firm has a market cap of $20.16 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 5.24 and a beta of 0.79. Nomura Holdings Inc ADR has a one year low of $4.66 and a one year high of $6.99. 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 (NYSE:NMR - Get Free Report) last issued its 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 business had revenue of $7.08 billion during the quarter, compared to analyst estimates of $451.20 billion. Nomura had a net margin of 7.21% and a return on equity of 9.59%. As a group, research analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current fiscal year.

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.

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