Northern Trust Corp Buys 41,756 Shares of Nomura Holdings Inc ADR $NMR

Key Points

• Northern Trust Corp increased its holdings in Nomura Holdings Inc ADR by 1.9%, purchasing an additional 41,756 shares during the first quarter, bringing its total ownership to 2,283,072 shares valued at approximately $14 million.
• Various institutional investors have also raised their stakes in Nomura, with notable increases including an 11.7% rise from Donald Smith & CO. Inc. and a significant 68.8% increase from Millennium Management LLC.
• Nomura's most recent earnings report revealed a miss in earnings per share at $0.24, compared to analysts' expectations of $0.25, though it exceeded revenue expectations with $3.53 billion for the quarter.

Northern Trust Corp lifted its stake in shares of Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,283,072 shares of the financial services provider's stock after purchasing an additional 41,756 shares during the quarter. Northern Trust Corp owned 0.08% of Nomura worth $14,041,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Donald Smith & CO. Inc. raised its stake in shares of Nomura by 11.7% during the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider's stock valued at $64,037,000 after purchasing an additional 1,094,218 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Nomura by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,227,402 shares of the financial services provider's stock valued at $18,687,000 after purchasing an additional 52,741 shares during the period. D. E. Shaw & Co. Inc. raised its stake in shares of Nomura by 13.2% during the 4th 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 purchasing an additional 232,741 shares during the period. Millennium Management LLC raised its stake in shares of Nomura by 68.8% during the 4th 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 during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Nomura by 21.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 462,647 shares of the financial services provider's stock valued at $2,845,000 after purchasing an additional 80,540 shares during the period. 15.14% of the stock is currently owned by institutional investors.

Nomura Stock Performance

NYSE:NMR opened at $7.07 on Thursday. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13. Nomura Holdings Inc ADR has a 52-week low of $4.86 and a 52-week high of $7.46. The firm has a market cap of $20.89 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 6.81 and a beta of 0.77. The business's fifty day moving average is $6.82 and its 200 day moving average is $6.30.

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 analysts' consensus estimates of $0.25 by ($0.01). The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.04 billion. Nomura had a net margin of 8.06% and a return on equity of 10.58%. Research analysts predict 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.

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