Townsquare Capital LLC Lowers Stock Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Townsquare Capital LLC reduced its stake in shares of Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 77.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,163 shares of the financial services provider's stock after selling 85,407 shares during the quarter. Townsquare Capital LLC's holdings in Nomura were worth $146,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in NMR. Jane Street Group LLC grew its stake in Nomura by 147.7% during the third quarter. Jane Street Group LLC now owns 33,143 shares of the financial services provider's stock worth $173,000 after buying an additional 19,763 shares during the period. Sanctuary Advisors LLC grew its position in Nomura by 73.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,904 shares of the financial services provider's stock valued at $93,000 after buying an additional 7,591 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Nomura during the third quarter worth $25,000. Franklin Resources Inc. boosted its position in shares of Nomura by 5.9% in the third quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider's stock worth $201,000 after buying an additional 2,082 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Nomura by 225.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,737 shares of the financial services provider's stock valued at $484,000 after buying an additional 64,268 shares during the period. Hedge funds and other institutional investors own 15.14% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Nomura from a "buy" rating to a "hold" rating in a research note on Monday.

Nomura Price Performance

Shares of NYSE:NMR traded up $0.03 during trading on Tuesday, hitting $5.60. 73,013 shares of the company were exchanged, compared to its average volume of 784,975. The business's 50 day moving average is $6.03 and its 200-day moving average is $5.97. The company has a market capitalization of $16.62 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 0.30 and a beta of 0.65. Nomura Holdings, Inc. has a 1-year low of $4.66 and a 1-year high of $6.99. 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 (NYSE:NMR - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share 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 firm had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $451.20 billion. Equities analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

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.