Perigon Wealth Management LLC Increases Position in Nomura Holdings, Inc. (NYSE:NMR)

Perigon Wealth Management LLC raised its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 45.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,829 shares of the financial services provider’s stock after purchasing an additional 6,550 shares during the period. Perigon Wealth Management LLC’s holdings in Nomura were worth $94,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NMR. Bank of New York Mellon Corp raised its holdings in shares of Nomura by 25.5% during the 1st quarter. Bank of New York Mellon Corp now owns 121,948 shares of the financial services provider’s stock valued at $514,000 after buying an additional 24,741 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Nomura by 51.0% during the first quarter. Bank of Montreal Can now owns 34,657 shares of the financial services provider’s stock worth $155,000 after acquiring an additional 11,704 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Nomura by 16.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,760,392 shares of the financial services provider’s stock worth $7,429,000 after acquiring an additional 248,923 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Nomura by 28.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 27,060 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 6,064 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Nomura by 47.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,325,813 shares of the financial services provider’s stock valued at $5,595,000 after purchasing an additional 423,905 shares in the last quarter. Institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

Separately, Bank of America upgraded shares of Nomura from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th.

Nomura Trading Up 0.2 %

Shares of NMR stock opened at $5.87 on Friday. The business has a 50-day moving average of $6.01 and a 200 day moving average of $4.95. The company has a debt-to-equity ratio of 6.65, a current ratio of 1.10 and a quick ratio of 1.10. Nomura Holdings, Inc. has a 1-year low of $3.38 and a 1-year high of $6.62. The stock has a market capitalization of $17.63 billion, a PE ratio of 21.74, a P/E/G ratio of 0.40 and a beta of 0.67.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. Nomura had a return on equity of 3.44% and a net margin of 3.49%. The firm had revenue of $7.32 billion during the quarter. During the same quarter in the previous year, the firm posted $0.15 EPS. As a group, sell-side analysts anticipate that Nomura Holdings, Inc. will post 0.31 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.