Millennium Management LLC Acquires 397,415 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Millennium Management LLC lifted its position in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 68.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 974,917 shares of the financial services provider's stock after acquiring an additional 397,415 shares during the period. Millennium Management LLC's holdings in Nomura were worth $5,645,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Nomura in the 4th quarter valued at approximately $26,000. Savant Capital LLC acquired a new stake in shares of Nomura in the 4th quarter valued at approximately $59,000. Adero Partners LLC acquired a new stake in shares of Nomura in the 4th quarter valued at approximately $59,000. Cannell & Spears LLC acquired a new stake in shares of Nomura in the 4th quarter valued at approximately $73,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Nomura in the 4th quarter valued at approximately $84,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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 Stock Up 1.2%

NMR stock traded up $0.07 during mid-day trading on Friday, hitting $6.10. 495,103 shares of the company were exchanged, compared to its average volume of 732,535. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17. The firm has a market cap of $18.12 billion, a P/E ratio of 8.71, a P/E/G ratio of 0.30 and a beta of 0.77. The firm's 50 day simple moving average is $5.71 and its 200 day simple moving average is $6.04. 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 announced its earnings results on Friday, April 25th. The financial services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). The company had revenue of $7.08 billion for the quarter, compared to analyst estimates of $451.20 billion. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, sell-side analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

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.