ABC Arbitrage SA Buys Shares of 216,646 Nomura Holdings, Inc. (NYSE:NMR)

ABC Arbitrage SA bought a new position in Nomura Holdings, Inc. (NYSE:NMR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 216,646 shares of the financial services provider's stock, valued at approximately $1,254,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its position in shares of Nomura by 5.9% during the 3rd quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider's stock valued at $201,000 after purchasing an additional 2,082 shares during the period. DMC Group LLC grew its position in shares of Nomura by 2.7% during the third quarter. DMC Group LLC now owns 91,562 shares of the financial services provider's stock worth $478,000 after purchasing an additional 2,379 shares in the last quarter. Glenmede Trust Co. NA raised its stake in Nomura by 9.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider's stock valued at $158,000 after purchasing an additional 2,657 shares during the period. First Affirmative Financial Network boosted its stake in Nomura by 16.0% in the 4th quarter. First Affirmative Financial Network now owns 20,685 shares of the financial services provider's stock worth $120,000 after purchasing an additional 2,848 shares during the period. Finally, Werba Rubin Papier Wealth Management grew its holdings in Nomura by 14.4% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 23,568 shares of the financial services provider's stock valued at $123,000 after buying an additional 2,973 shares in the last quarter. Institutional investors own 15.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NMR. StockNews.com upgraded shares of Nomura from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. Bank of America began coverage on Nomura in a report on Tuesday, October 22nd. They set a "neutral" rating on the stock.

Nomura Trading Down 0.4 %

NYSE NMR traded down $0.03 during trading hours on Wednesday, hitting $6.69. 310,390 shares of the company were exchanged, compared to its average volume of 602,025. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52. The stock has a 50-day moving average price of $6.11 and a 200 day moving average price of $5.76. The stock has a market cap of $19.86 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 0.31 and a beta of 0.66.

Nomura (NYSE:NMR - Get Free Report) last released its earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. Analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal 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.