Cresset Asset Management LLC lowered its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 80.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,358 shares of the financial services provider's stock after selling 50,519 shares during the period. Cresset Asset Management LLC's holdings in Nomura were worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Nomura during the 4th quarter worth about $26,000. Savant Capital LLC acquired a new position in Nomura during the fourth quarter worth approximately $59,000. Adero Partners LLC acquired a new position in shares of Nomura in the fourth quarter valued at approximately $59,000. Cannell & Spears LLC acquired a new position in shares of Nomura in the fourth quarter valued at approximately $73,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Nomura in the fourth quarter valued at approximately $84,000. Institutional investors and hedge funds own 15.14% of the company's stock.
Nomura Price Performance
NMR stock traded down $0.05 on Friday, reaching $5.95. 396,693 shares of the company's stock were exchanged, compared to its average volume of 735,751. The stock has a fifty day moving average of $5.77 and a 200-day moving average of $6.03. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.99. The firm has a market cap of $17.66 billion, a PE ratio of 8.49, a P/E/G ratio of 0.30 and a beta of 0.77. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52.
Nomura (NYSE:NMR - Get Free Report) last posted its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $7.08 billion during the quarter, compared to analyst estimates of $451.20 billion. Nomura had a net margin of 7.96% and a return on equity of 9.19%. As a group, equities analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Nomura from a "buy" rating to a "hold" rating in a report on Monday, April 28th.
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About Nomura
(
Free Report)
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.
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