Summit Global Investments trimmed its position in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 68.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,361 shares of the financial services provider's stock after selling 168,248 shares during the period. Summit Global Investments' holdings in Nomura were worth $482,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in NMR. R Squared Ltd purchased a new stake in Nomura in the fourth quarter valued at approximately $26,000. Savant Capital LLC purchased a new position in Nomura in the 4th quarter valued at about $59,000. Adero Partners LLC acquired a new position in Nomura in the 4th quarter valued at $59,000. Cannell & Spears LLC purchased a new position in shares of Nomura in the fourth quarter worth about $73,000. Finally, Cubist Systematic Strategies LLC purchased a new stake 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 Stock Performance
NYSE NMR traded down $0.02 on Wednesday, reaching $6.12. The stock had a trading volume of 406,973 shares, compared to its average volume of 726,214. The stock has a market cap of $18.18 billion, a P/E ratio of 8.74, a price-to-earnings-growth ratio of 0.30 and a beta of 0.77. Nomura Holdings, Inc. has a 12-month low of $4.66 and a 12-month high of $6.99. The business's 50-day moving average price is $5.70 and its 200 day moving average price is $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 announced 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 business had revenue of $7.08 billion for the quarter, compared to analyst estimates of $451.20 billion. Nomura had a return on equity of 9.19% and a net margin of 7.96%. As a group, equities analysts expect that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered Nomura from a "buy" rating to a "hold" rating in a research report on Monday, April 28th.
View Our Latest Report on Nomura
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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