Nomura (NYSE:NMR) Shares Gap Down - Time to Sell?

Shares of Nomura Holdings, Inc. (NYSE:NMR - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $6.18, but opened at $6.05. Nomura shares last traded at $6.06, with a volume of 40,040 shares.

Analyst Ratings Changes

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

Nomura Stock Up 1.2%

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 stock has a market capitalization of $18.12 billion, a price-to-earnings ratio of 8.71, a P/E/G ratio of 0.30 and a beta of 0.77. The firm's fifty day simple moving average is $5.71 and its 200 day simple moving average is $6.03.

Nomura (NYSE:NMR - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). Nomura had a net margin of 7.96% and a return on equity of 9.19%. The business had revenue of $7.08 billion during the quarter, compared to analyst estimates of $451.20 billion. On average, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Institutional Trading of Nomura

Hedge funds and other institutional investors have recently made changes to their positions in the business. ABC Arbitrage SA acquired a new stake in shares of Nomura in the fourth quarter valued at approximately $1,254,000. US Bancorp DE raised its holdings in shares of Nomura by 17.5% in the fourth quarter. US Bancorp DE now owns 241,699 shares of the financial services provider's stock valued at $1,399,000 after purchasing an additional 35,948 shares during the last quarter. Callan Family Office LLC acquired a new stake in shares of Nomura in the fourth quarter valued at approximately $348,000. Raymond James Financial Inc. acquired a new stake in shares of Nomura in the fourth quarter valued at approximately $1,087,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Nomura by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,227,402 shares of the financial services provider's stock valued at $18,687,000 after purchasing an additional 52,741 shares during the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

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.