Rhumbline Advisers Sells 62,199 Shares of Nomura Holdings Inc ADR (NYSE:NMR)

Rhumbline Advisers lessened its stake in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 38.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,491 shares of the financial services provider's stock after selling 62,199 shares during the period. Rhumbline Advisers' holdings in Nomura were worth $600,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of NMR. Donald Smith & CO. Inc. lifted its position in shares of 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 purchasing an additional 2,846,601 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Nomura by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,227,402 shares of the financial services provider's stock worth $18,687,000 after buying an additional 52,741 shares during the period. Northern Trust Corp lifted its holdings in shares of Nomura by 86.7% during the fourth quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider's stock worth $12,977,000 after buying an additional 1,041,022 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its position in shares of Nomura by 13.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,989,367 shares of the financial services provider's stock valued at $11,518,000 after acquiring an additional 232,741 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of Nomura by 4.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,505,837 shares of the financial services provider's stock worth $8,719,000 after acquiring an additional 63,318 shares during the last quarter. Institutional investors own 15.14% of the company's stock.

Nomura Stock Performance

Shares of NYSE NMR traded down $0.06 during mid-day trading on Wednesday, hitting $6.20. The company had a trading volume of 346,463 shares, compared to its average volume of 713,985. Nomura Holdings Inc ADR has a 12 month low of $4.66 and a 12 month high of $6.99. The firm has a market cap of $18.40 billion, a P/E ratio of 8.49, a PEG ratio of 5.81 and a beta of 0.78. The business's 50-day simple moving average is $5.90 and its 200-day simple moving average is $6.05. 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 posted its quarterly 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). Nomura had a net margin of 7.21% and a return on equity of 9.59%. The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates of $451.20 billion. As a group, analysts predict that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Nomura from a "buy" rating to a "hold" rating in a research note 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.