Versant Capital Management Inc Acquires New Stake in Nomura Holdings, Inc. (NYSE:NMR)

Versant Capital Management Inc purchased a new stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 47,240 shares of the financial services provider's stock, valued at approximately $291,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Donald Smith & CO. Inc. boosted its position in Nomura by 44.0% during the fourth quarter. Donald Smith & CO. Inc. now owns 9,318,383 shares of the financial services provider's stock valued at $53,953,000 after purchasing an additional 2,846,601 shares during the last quarter. Dimensional Fund Advisors LP increased 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 worth $18,687,000 after purchasing an additional 52,741 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Nomura by 86.7% in the 4th quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider's stock valued at $12,977,000 after purchasing an additional 1,041,022 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in Nomura by 13.2% in 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 last quarter. Finally, Renaissance Technologies LLC grew its holdings in Nomura by 4.4% during the fourth quarter. Renaissance Technologies LLC now owns 1,505,837 shares of the financial services provider's stock worth $8,719,000 after purchasing an additional 63,318 shares during the period. 15.14% of the stock is owned by institutional investors.

Nomura Stock Performance

Shares of NMR stock traded down $0.02 during midday trading on Wednesday, hitting $6.12. 248,306 shares of the company were exchanged, compared to its average volume of 725,605. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17. The firm has a market capitalization of $18.18 billion, a P/E ratio of 8.74, a PEG ratio of 0.30 and a beta of 0.77. The firm's 50 day moving average price is $5.70 and its two-hundred day moving average price is $6.04.

Nomura (NYSE:NMR - Get Free Report) last released its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). The company 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%. As a group, equities research analysts anticipate that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Nomura 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.