Nomura Holdings, Inc. (NYSE:NMR) Shares Sold by DMC Group LLC

DMC Group LLC lessened its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 18.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 74,790 shares of the financial services provider’s stock after selling 16,772 shares during the quarter. DMC Group LLC’s holdings in Nomura were worth $433,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in shares of Nomura by 20.2% during the 3rd quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock worth $53,138,000 after acquiring an additional 1,713,275 shares during the period. Donald Smith & CO. Inc. acquired a new position in Nomura during the third quarter worth approximately $33,783,000. FMR LLC raised its stake in Nomura by 9.2% during the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock worth $7,110,000 after purchasing an additional 114,676 shares during the period. Millennium Management LLC acquired a new position in shares of Nomura in the 2nd quarter valued at $4,608,000. Finally, Praetorian PR LLC increased its holdings in shares of Nomura by 53.3% during the 3rd quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after buying an additional 200,000 shares during the last quarter. 15.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NMR has been the topic of a number of research analyst reports. Bank of America assumed coverage on Nomura in a report on Tuesday, October 22nd. They issued a “neutral” rating on the stock. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Price Performance

Nomura stock opened at $6.42 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. The firm has a market capitalization of $19.06 billion, a P/E ratio of 10.87, a PEG ratio of 0.40 and a beta of 0.65. The firm has a fifty day moving average of $5.94 and a 200-day moving average of $5.69. Nomura Holdings, Inc. has a 52-week low of $4.66 and a 52-week high of $6.62.

Nomura (NYSE:NMR) last released its quarterly earnings data on Friday, November 1st. The financial services provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 7.93% and a net margin of 6.91%. The company had revenue of $8.34 billion for the quarter. During the same period last year, the business earned $0.08 earnings per share. As a group, analysts predict that Nomura Holdings, Inc. will post 0.67 EPS for the current year.

Nomura 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.