Nomura Holdings Inc ADR (NYSE:NMR) Shares Acquired by Donald Smith & CO. Inc.

Key Points

• Donald Smith & CO. Inc. increased its holdings in Nomura Holdings Inc ADR by 11.7% during the first quarter, now owning over 10.4 million shares worth approximately $64 million.
• Other institutional investors, including Adero Partners LLC and BSW Wealth Partners, also boosted their positions in Nomura, reflecting growing interest among institutional owners.
• On the analyst front, Wall Street Zen downgraded Nomura's rating from "buy" to "hold," suggesting caution moving forward after the firm reported lower-than-expected EPS in its latest earnings results.

Donald Smith & CO. Inc. lifted its position in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 11.7% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 10,412,601 shares of the financial services provider's stock after buying an additional 1,094,218 shares during the period. Nomura accounts for approximately 1.6% of Donald Smith & CO. Inc.'s portfolio, making the stock its 28th largest holding. Donald Smith & CO. Inc. owned approximately 0.35% of Nomura worth $64,037,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of NMR. Northern Trust Corp lifted its stake 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 valued at $12,977,000 after buying an additional 1,041,022 shares during the period. Millennium Management LLC increased its position in Nomura by 68.8% during the fourth quarter. Millennium Management LLC now owns 974,917 shares of the financial services provider's stock worth $5,645,000 after purchasing an additional 397,415 shares during the last quarter. Marshall Wace LLP increased its position in Nomura by 178.6% during the fourth quarter. Marshall Wace LLP now owns 615,924 shares of the financial services provider's stock worth $3,566,000 after purchasing an additional 394,866 shares during the last quarter. Carrera Capital Advisors acquired a new position in Nomura during the first quarter worth approximately $2,149,000. Finally, New York State Common Retirement Fund acquired a new position in Nomura during the first quarter worth approximately $1,434,000. Hedge funds and other institutional investors own 15.14% of the company's stock.

Analyst Upgrades and Downgrades

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

Nomura Trading Up 0.2%

NMR stock traded up $0.02 on Wednesday, hitting $7.25. 44,411 shares of the company were exchanged, compared to its average volume of 657,453. Nomura Holdings Inc ADR has a twelve month low of $4.86 and a twelve month high of $7.26. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.13 and a quick ratio of 1.13. The business's fifty day moving average is $6.48 and its two-hundred day moving average is $6.23. The stock has a market capitalization of $21.42 billion, a price-to-earnings ratio of 8.73, a price-to-earnings-growth ratio of 6.65 and a beta of 0.78.

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

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.