Nomura Holdings Inc ADR $NMR Shares Sold by Ethic Inc.

Key Points

• Ethic Inc. reduced its stock holdings in Nomura Holdings Inc ADR by 10.5% in the first quarter, owning 1,052,102 shares valued at approximately $6.4 million after selling 123,726 shares.
• Nomura reported $0.24 EPS for the latest quarter, which was below the consensus estimate, with revenue surpassing expectations at $3.53 billion.
• Shares of Nomura have a market capitalization of $21.82 billion, with a current trading price of $7.38 and a 1-year price range between $4.86 and $7.46.

Ethic Inc. cut its stake in Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 10.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,052,102 shares of the financial services provider's stock after selling 123,726 shares during the period. Ethic Inc.'s holdings in Nomura were worth $6,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in shares of Nomura by 49.9% in the 1st quarter. Russell Investments Group Ltd. now owns 74,034 shares of the financial services provider's stock valued at $455,000 after purchasing an additional 24,650 shares during the last quarter. Donald Smith & CO. Inc. boosted its position in shares of Nomura by 11.7% during the first quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider's stock worth $64,037,000 after buying an additional 1,094,218 shares during the period. XY Capital Ltd purchased a new position in shares of Nomura during the first quarter worth $110,000. Charles Schwab Investment Management Inc. boosted its position in shares of Nomura by 21.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 462,647 shares of the financial services provider's stock worth $2,845,000 after buying an additional 80,540 shares during the period. Finally, ABC Arbitrage SA boosted its position in shares of Nomura by 37.4% during the first quarter. ABC Arbitrage SA now owns 297,655 shares of the financial services provider's stock worth $1,831,000 after buying an additional 81,009 shares during the period. Hedge funds and other institutional investors own 15.14% of the company's stock.

Nomura Stock Down 0.9%

Nomura stock traded down $0.0650 during midday trading on Thursday, reaching $7.1950. The company's stock had a trading volume of 324,037 shares, compared to its average volume of 656,051. Nomura Holdings Inc ADR has a fifty-two week low of $4.86 and a fifty-two week high of $7.46. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.58. The company has a market cap of $21.27 billion, a P/E ratio of 8.66, a P/E/G ratio of 6.95 and a beta of 0.78. The business has a 50-day simple moving average of $6.62 and a 200-day simple moving average of $6.27.

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 analysts' consensus estimates of $0.25 by ($0.01). Nomura had a return on equity of 10.58% and a net margin of 8.06%.The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.04 billion. On average, research analysts expect that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Nomura from a "buy" rating to a "hold" rating in a research report on Monday, April 28th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

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.