Millennium Management LLC Boosts Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Millennium Management LLC increased its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 68.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 974,917 shares of the financial services provider's stock after buying an additional 397,415 shares during the quarter. Millennium Management LLC's holdings in Nomura were worth $5,645,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Nomura during the fourth quarter valued at about $26,000. Savant Capital LLC bought a new stake in shares of Nomura during the fourth quarter valued at about $59,000. Adero Partners LLC bought a new position in shares of Nomura in the fourth quarter worth approximately $59,000. Cannell & Spears LLC bought a new position in shares of Nomura in the fourth quarter worth approximately $73,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Nomura in the fourth quarter worth approximately $84,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Stock Up 1.2%

Nomura stock traded up $0.07 on Friday, hitting $6.10. 495,103 shares of the stock traded hands, compared to its average volume of 732,578. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The firm has a market cap of $18.12 billion, a P/E ratio of 8.71, a price-to-earnings-growth ratio of 0.30 and a beta of 0.77. The business's fifty day simple moving average is $5.71 and its 200 day simple moving average is $6.03. Nomura Holdings, Inc. has a 1 year low of $4.66 and a 1 year high of $6.99.

Nomura (NYSE:NMR - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). Nomura had a return on equity of 9.19% and a net margin of 7.96%. The company had revenue of $7.08 billion during the quarter, compared to analysts' expectations of $451.20 billion. As a group, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.