Nomura (NYSE:NMR) Sets New 1-Year High - Here's Why

Key Points

• Nomura Holdings has reached a new 52-week high by trading at $7.49, marking a significant performance milestone for the company's stock.
• Despite a revenue of $3.53 billion reported in its latest quarterly earnings, Nomura missed the EPS consensus estimate, reporting $0.24 instead of the expected $0.25.
• Institutional ownership of Nomura stands at 15.14%, with several large investors increasing their stakes during recent quarters, indicating growing interest in the stock.

Nomura Holdings Inc ADR (NYSE:NMR - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $7.49 and last traded at $7.49, with a volume of 33448 shares. The stock had previously closed at $7.40.

Nomura Stock Performance

The company's fifty day moving average is $6.88 and its 200 day moving average is $6.32. The company has a market capitalization of $22.10 billion, a P/E ratio of 8.99, a P/E/G ratio of 7.03 and a beta of 0.77. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.58.

Nomura (NYSE:NMR - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.04 billion. Nomura had a return on equity of 10.58% and a net margin of 8.06%. As a group, equities analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Adero Partners LLC boosted its holdings in Nomura by 18.2% in the 1st quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider's stock valued at $74,000 after purchasing an additional 1,848 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Nomura by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 34,913 shares of the financial services provider's stock valued at $230,000 after purchasing an additional 1,983 shares during the period. QRG Capital Management Inc. boosted its holdings in Nomura by 0.9% in the 1st quarter. QRG Capital Management Inc. now owns 221,065 shares of the financial services provider's stock valued at $1,360,000 after purchasing an additional 1,991 shares during the period. Ieq Capital LLC boosted its holdings in Nomura by 10.8% in the 1st quarter. Ieq Capital LLC now owns 21,082 shares of the financial services provider's stock valued at $130,000 after purchasing an additional 2,055 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Nomura by 14.7% in the 2nd quarter. Blue Trust Inc. now owns 17,632 shares of the financial services provider's stock valued at $116,000 after purchasing an additional 2,255 shares during the period. 15.14% of the stock is owned by institutional investors.

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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