Charles Schwab Investment Management Inc. Has $2.85 Million Holdings in Nomura Holdings Inc ADR $NMR

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Nomura Holdings Inc ADR by 21.1% in the first quarter, acquiring an additional 80,540 shares, bringing its total to 462,647 shares valued at approximately $2.85 million.
• Shares of Nomura are currently trading at $7.18, experiencing a decline of 1.8%, with a market capitalization of $21.21 billion.
• Nomura reported earnings of $0.24 per share for the last quarter, missing analysts' consensus estimates of $0.25, but surpassing revenue expectations with $3.53 billion in revenue.

Charles Schwab Investment Management Inc. raised its position in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 21.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 462,647 shares of the financial services provider's stock after acquiring an additional 80,540 shares during the period. Charles Schwab Investment Management Inc.'s holdings in Nomura were worth $2,845,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Abel Hall LLC bought a new stake in Nomura in the 1st quarter valued at $62,000. Adero Partners LLC lifted its holdings in shares of Nomura by 18.2% during the first quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider's stock worth $74,000 after buying an additional 1,848 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Nomura during the first quarter worth $81,000. Campbell Deegan Wealth Management LLC bought a new stake in shares of Nomura in the fourth quarter valued at about $84,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Nomura in the fourth quarter valued at about $84,000. Institutional investors own 15.14% of the company's stock.

Nomura Stock Performance

NYSE:NMR traded up $0.10 during mid-day trading on Thursday, reaching $7.17. 294,556 shares of the company's stock were exchanged, compared to its average volume of 436,677. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $21.18 billion, a PE ratio of 8.63, a price-to-earnings-growth ratio of 6.69 and a beta of 0.77. Nomura Holdings Inc ADR has a one year low of $4.86 and a one year high of $7.46. The business's fifty day simple moving average is $6.84 and its two-hundred day simple moving average is $6.30.

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

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.