Nomura Holdings Inc ADR $NMR Shares Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC boosted its position in Nomura Holdings Inc ADR (NYSE:NMR) by 48.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,968 shares of the financial services provider’s stock after buying an additional 9,415 shares during the quarter. Simon Quick Advisors LLC’s holdings in Nomura were worth $191,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in NMR. Allspring Global Investments Holdings LLC raised its stake in shares of Nomura by 7.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 54,942 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 3,990 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Nomura by 7.1% in the 1st quarter. Bank of New York Mellon Corp now owns 235,920 shares of the financial services provider’s stock valued at $1,451,000 after purchasing an additional 15,717 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Nomura by 2.0% in the 1st quarter. Cerity Partners LLC now owns 329,201 shares of the financial services provider’s stock valued at $2,025,000 after purchasing an additional 6,611 shares in the last quarter. Ballentine Partners LLC raised its stake in shares of Nomura by 3.5% in the 1st quarter. Ballentine Partners LLC now owns 73,338 shares of the financial services provider’s stock valued at $451,000 after purchasing an additional 2,476 shares in the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in shares of Nomura in the 1st quarter valued at about $1,434,000. Institutional investors and hedge funds own 15.14% of the company’s stock.

Nomura Price Performance

NMR opened at $6.99 on Wednesday. The firm has a market cap of $20.65 billion, a price-to-earnings ratio of 8.42, a price-to-earnings-growth ratio of 3.41 and a beta of 0.74. Nomura Holdings Inc ADR has a fifty-two week low of $4.86 and a fifty-two week high of $7.59. The company’s 50-day moving average price is $7.22 and its 200 day moving average price is $6.65. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.71.

Nomura (NYSE:NMR) last released its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.05. The firm had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.02 billion. Nomura had a net margin of 8.07% and a return on equity of 10.23%. As a group, sell-side analysts expect that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on NMR shares. Weiss Ratings restated a “hold (c+)” rating on shares of Nomura in a research note on Friday, October 31st. Zacks Research upgraded shares of Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

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.