US Bancorp DE lowered its position in Nomura Holdings Inc ADR (NYSE:NMR - Free Report) by 29.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 169,995 shares of the financial services provider's stock after selling 71,704 shares during the period. US Bancorp DE's holdings in Nomura were worth $1,045,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Abel Hall LLC purchased a new stake in Nomura in the 1st quarter worth about $62,000. Adero Partners LLC raised its position in Nomura by 18.2% in the 1st quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider's stock worth $74,000 after purchasing an additional 1,848 shares during the period. Baader Bank Aktiengesellschaft purchased a new position in shares of Nomura during the first quarter worth approximately $81,000. Cubist Systematic Strategies LLC purchased a new position in shares of Nomura during the fourth quarter worth approximately $84,000. Finally, Campbell Deegan Wealth Management LLC purchased a new position in shares of Nomura during the fourth quarter worth approximately $84,000. Institutional investors own 15.14% of the company's stock.
Nomura Stock Up 0.2%
Shares of NYSE NMR traded up $0.02 during midday trading on Thursday, reaching $7.27. 445,582 shares of the company's stock traded hands, compared to its average volume of 658,473. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.58. The stock's 50 day simple moving average is $6.50 and its 200-day simple moving average is $6.24. Nomura Holdings Inc ADR has a one year low of $4.86 and a one year high of $7.28. The company has a market cap of $21.48 billion, a price-to-earnings ratio of 8.75, a P/E/G ratio of 6.84 and a beta of 0.78.
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). Nomura had a net margin of 8.06% and a return on equity of 10.58%. The business had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.04 billion. On average, analysts predict that Nomura Holdings Inc ADR will post 0.76 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered shares of Nomura from a "buy" rating to a "hold" rating in a research report on Monday, April 28th.
Check Out Our Latest Research Report on NMR
Nomura Profile
(
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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