Blue Trust Inc. Buys 29,706 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Blue Trust Inc. boosted its position in Nomura Holdings, Inc. (NYSE:NMR) by 38.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,045 shares of the financial services provider’s stock after purchasing an additional 29,706 shares during the quarter. Blue Trust Inc.’s holdings in Nomura were worth $620,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Donald Smith & CO. Inc. bought a new position in shares of Nomura during the 3rd quarter worth approximately $33,783,000. Fisher Asset Management LLC grew its holdings in Nomura by 20.2% in the third quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock worth $53,138,000 after purchasing an additional 1,713,275 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Nomura during the second quarter worth $4,608,000. Maverick Capital Ltd. acquired a new position in shares of Nomura during the third quarter worth $1,219,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Nomura by 98.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 427,944 shares of the financial services provider’s stock valued at $2,474,000 after purchasing an additional 212,599 shares during the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Bank of America initiated coverage on Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating on the stock. StockNews.com upgraded shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Price Performance

NYSE NMR opened at $6.46 on Friday. The company has a market cap of $19.18 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 0.40 and a beta of 0.65. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.11. The stock’s fifty day moving average price is $5.95 and its 200 day moving average price is $5.70. Nomura Holdings, Inc. has a 1 year low of $4.66 and a 1 year high of $6.62.

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