UBS Group AG Raises Holdings in Nomura Holdings Inc ADR $NMR

UBS Group AG increased its position in Nomura Holdings Inc ADR (NYSE:NMR) by 63.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 275,130 shares of the financial services provider’s stock after buying an additional 106,291 shares during the quarter. UBS Group AG’s holdings in Nomura were worth $2,308,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in NMR. AQR Capital Management LLC raised its position in shares of Nomura by 12.5% in the 1st quarter. AQR Capital Management LLC now owns 289,538 shares of the financial services provider’s stock worth $1,781,000 after buying an additional 32,206 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Nomura by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock worth $28,400,000 after buying an additional 289,984 shares during the period. Focus Partners Wealth raised its position in shares of Nomura by 38.4% in the 1st quarter. Focus Partners Wealth now owns 22,574 shares of the financial services provider’s stock worth $139,000 after buying an additional 6,268 shares during the period. Sivia Capital Partners LLC raised its position in shares of Nomura by 35.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 19,272 shares of the financial services provider’s stock worth $127,000 after buying an additional 5,060 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Nomura by 28.1% in the 2nd quarter. Cetera Investment Advisers now owns 12,936 shares of the financial services provider’s stock worth $85,000 after buying an additional 2,839 shares during the period. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Trading Down 1.5%

NYSE:NMR opened at $7.95 on Thursday. The business’s 50-day moving average is $8.05 and its two-hundred day moving average is $8.27. The company has a debt-to-equity ratio of 7.38, a current ratio of 1.08 and a quick ratio of 1.13. Nomura Holdings Inc ADR has a 12 month low of $5.96 and a 12 month high of $9.58. The firm has a market capitalization of $23.31 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.71.

Nomura (NYSE:NMR) last released its quarterly earnings data on Friday, April 24th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Nomura had a net margin of 7.64% and a return on equity of 9.70%. The company had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Research analysts predict that Nomura Holdings Inc ADR will post 0.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. raised Nomura from a “neutral” rating to an “overweight” rating in a research report on Thursday, March 19th. Weiss Ratings lowered Nomura from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Nomura Company Profile

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.