Nomura Holdings Inc ADR (NYSE:NMR - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.46 and traded as high as $9.74. Nomura shares last traded at $9.72, with a volume of 536,711 shares trading hands.
Analyst Ratings Changes
Several research analysts have recently weighed in on NMR shares. Wall Street Zen upgraded shares of Nomura from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Bank of America upgraded shares of Nomura from a "neutral" rating to a "buy" rating and set a $10.20 target price for the company in a report on Thursday, June 25th. Zacks Research raised shares of Nomura from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Nomura from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 17th. Finally, Nomura upgraded shares of Nomura to a "buy" rating and set a $10.20 price target on the stock in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Nomura presently has an average rating of "Buy" and an average price target of $10.20.
Read Our Latest Analysis on Nomura
Nomura Trading Up 2.9%
The firm has a fifty day moving average of $9.46 and a 200-day moving average of $8.72. The company has a debt-to-equity ratio of 8.06, a quick ratio of 2.00 and a current ratio of 2.00. The stock has a market capitalization of $28.52 billion, a price-to-earnings ratio of 11.30, a P/E/G ratio of 1.02 and a beta of 0.69.
Nomura (NYSE:NMR - Get Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The financial services provider reported $0.30 EPS for the quarter. Nomura had a return on equity of 10.42% and a net margin of 8.09%.The company had revenue of $4.19 billion for the quarter. As a group, equities analysts predict that Nomura Holdings Inc ADR will post 0.93 earnings per share for the current fiscal year.
Institutional Trading of Nomura
Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its stake in Nomura by 27.0% during the 1st quarter. Renaissance Technologies LLC now owns 2,312,237 shares of the financial services provider's stock worth $18,244,000 after buying an additional 491,400 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Nomura by 236.2% during the first quarter. Sequoia Financial Advisors LLC now owns 166,873 shares of the financial services provider's stock valued at $1,317,000 after acquiring an additional 117,233 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of Nomura by 18.4% during the first quarter. Quantinno Capital Management LP now owns 2,547,208 shares of the financial services provider's stock valued at $20,097,000 after acquiring an additional 395,656 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in shares of Nomura by 94.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 109,995 shares of the financial services provider's stock worth $966,000 after acquiring an additional 53,554 shares during the last quarter. Finally, M&T Bank Corp increased its position in shares of Nomura by 254.7% during the fourth quarter. M&T Bank Corp now owns 126,114 shares of the financial services provider's stock worth $1,058,000 after acquiring an additional 90,559 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company's stock.
About Nomura
(
Get Free Report)
Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.
Nomura's principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.
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