GAMMA Investing LLC Buys 97,714 Shares of Nomura Holdings Inc ADR (NYSE:NMR)

GAMMA Investing LLC raised its holdings in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 781.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,214 shares of the financial services provider's stock after buying an additional 97,714 shares during the quarter. GAMMA Investing LLC's holdings in Nomura were worth $678,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Donald Smith & CO. Inc. raised its stake in shares of Nomura by 44.0% in the fourth quarter. Donald Smith & CO. Inc. now owns 9,318,383 shares of the financial services provider's stock valued at $53,953,000 after purchasing an additional 2,846,601 shares in the last quarter. Northern Trust Corp raised its stake in shares of Nomura by 86.7% in 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 purchasing an additional 1,041,022 shares in the last quarter. Millennium Management LLC raised its stake in shares of Nomura by 68.8% in the fourth quarter. Millennium Management LLC now owns 974,917 shares of the financial services provider's stock valued at $5,645,000 after purchasing an additional 397,415 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Nomura by 178.6% in the fourth quarter. Marshall Wace LLP now owns 615,924 shares of the financial services provider's stock valued at $3,566,000 after purchasing an additional 394,866 shares in the last quarter. Finally, Summit Global Investments acquired a new position in shares of Nomura in the fourth quarter valued at $1,428,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Nomura Stock Performance

Shares of NYSE NMR traded down $0.09 during trading hours on Friday, reaching $6.18. The stock had a trading volume of 564,877 shares, compared to its average volume of 715,043. The business's fifty day moving average is $5.87 and its two-hundred day 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. The company has a market cap of $18.34 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 5.83 and a beta of 0.78. Nomura Holdings Inc ADR has a twelve month low of $4.66 and a twelve month high of $6.99.

Nomura (NYSE:NMR - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). Nomura had a net margin of 7.21% and a return on equity of 9.59%. The company had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $451.20 billion. As a group, research analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS 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.