Cetera Investment Advisers Sells 47,625 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Cetera Investment Advisers cut its holdings in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 82.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,051 shares of the financial services provider's stock after selling 47,625 shares during the quarter. Cetera Investment Advisers' holdings in Nomura were worth $58,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in Nomura by 13.7% in the fourth quarter. Bank of America Corp DE now owns 255,453 shares of the financial services provider's stock valued at $1,479,000 after buying an additional 30,704 shares during the period. Ameriprise Financial Inc. lifted its stake in Nomura by 25.0% in the fourth quarter. Ameriprise Financial Inc. now owns 62,334 shares of the financial services provider's stock valued at $361,000 after buying an additional 12,468 shares during the period. Jane Street Group LLC lifted its stake in Nomura by 185.3% in the fourth quarter. Jane Street Group LLC now owns 94,546 shares of the financial services provider's stock valued at $547,000 after buying an additional 61,403 shares during the period. Northern Trust Corp lifted its stake in 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 buying an additional 1,041,022 shares during the period. Finally, Aquatic Capital Management LLC lifted its stake in Nomura by 11.8% in the fourth quarter. Aquatic Capital Management LLC now owns 42,481 shares of the financial services provider's stock valued at $246,000 after buying an additional 4,481 shares during the period. 15.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Nomura Stock Down 0.5%

Shares of NYSE NMR traded down $0.03 during midday trading on Wednesday, hitting $6.11. 507,312 shares of the stock traded hands, compared to its average volume of 726,510. The company has a market cap of $18.15 billion, a PE ratio of 8.73, a P/E/G ratio of 0.30 and a beta of 0.77. Nomura Holdings, Inc. has a one year low of $4.66 and a one year high of $6.99. The business has a 50 day moving average price of $5.70 and a two-hundred day moving average price of $6.04. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.

Nomura (NYSE:NMR - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $451.20 billion. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, equities analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current year.

About Nomura

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.