Northern Trust Corp Boosts Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Northern Trust Corp lifted its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 86.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,241,316 shares of the financial services provider's stock after acquiring an additional 1,041,022 shares during the period. Northern Trust Corp owned approximately 0.08% of Nomura worth $12,977,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in Nomura by 225.7% during the third quarter. JPMorgan Chase & Co. now owns 92,737 shares of the financial services provider's stock valued at $484,000 after purchasing an additional 64,268 shares in the last quarter. Aaron Wealth Advisors LLC raised its position in Nomura by 6.6% during the fourth quarter. Aaron Wealth Advisors LLC now owns 80,459 shares of the financial services provider's stock valued at $466,000 after purchasing an additional 4,966 shares in the last quarter. Ballentine Partners LLC raised its position in Nomura by 26.7% during the fourth quarter. Ballentine Partners LLC now owns 70,862 shares of the financial services provider's stock valued at $410,000 after purchasing an additional 14,940 shares in the last quarter. Drive Wealth Management LLC raised its position in Nomura by 148.5% during the fourth quarter. Drive Wealth Management LLC now owns 31,531 shares of the financial services provider's stock valued at $183,000 after purchasing an additional 18,845 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Nomura by 38.4% during the fourth quarter. Blue Trust Inc. now owns 107,045 shares of the financial services provider's stock valued at $620,000 after purchasing an additional 29,706 shares in the last quarter. 15.14% of the stock is owned by institutional investors.

Nomura Price Performance

Shares of NMR traded up $0.04 during midday trading on Wednesday, hitting $6.01. 25,530 shares of the company traded hands, compared to its average volume of 744,438. The firm has a 50 day moving average of $5.80 and a 200-day moving average of $6.02. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99. The stock has a market cap of $17.84 billion, a price-to-earnings ratio of 8.58, a PEG ratio of 0.30 and a beta of 0.77. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.

Nomura (NYSE:NMR - Get Free Report) last issued its earnings results on Friday, April 25th. The financial services provider reported $0.15 EPS 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 analysts' expectations of $451.20 billion. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com cut Nomura from a "buy" rating to a "hold" rating in a research note on Monday, April 28th.

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.