StockNews.com lowered shares of Nomura (NYSE:NMR - Free Report) from a buy rating to a hold rating in a research note released on Monday morning.
Nomura Trading Down 0.3 %
NYSE:NMR traded down $0.02 on Monday, reaching $5.54. 880,219 shares of the company's stock were exchanged, compared to its average volume of 772,510. The business has a fifty day moving average of $5.99 and a 200-day moving average of $5.96. 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 has a 52-week low of $4.66 and a 52-week high of $6.99. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 0.30 and a beta of 0.65.
Nomura (NYSE:NMR - Get Free Report) last issued its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The company 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, analysts expect that Nomura will post 0.76 earnings per share for the current year.
Institutional Investors Weigh In On Nomura
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NMR. R Squared Ltd purchased a new stake in Nomura in the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in Nomura in the third quarter valued at $25,000. Adero Partners LLC acquired a new position in Nomura in the fourth quarter valued at $59,000. Savant Capital LLC acquired a new position in Nomura in the fourth quarter valued at $59,000. Finally, Cannell & Spears LLC acquired a new position in Nomura in the fourth quarter valued at $73,000. Hedge funds and other institutional investors own 15.14% of the company's stock.
About Nomura
(
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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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