Nomura Holdings, Inc. (NYSE:NMR) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 82.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 28,733 shares of the financial services provider's stock after selling 130,857 shares during the quarter. BNP Paribas Financial Markets' holdings in Nomura were worth $150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Donald Smith & CO. Inc. purchased a new position in Nomura during the third quarter worth about $33,783,000. Fisher Asset Management LLC increased its position in 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 purchasing an additional 1,713,275 shares during the period. Millennium Management LLC purchased a new position in shares of Nomura during the 2nd quarter worth approximately $4,608,000. Leuthold Group LLC acquired a new stake in shares of Nomura in the 2nd quarter valued at approximately $4,344,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Nomura by 98.7% in the second quarter. Envestnet Asset Management Inc. now owns 427,944 shares of the financial services provider's stock valued at $2,474,000 after buying an additional 212,599 shares in the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Nomura Price Performance

NMR stock traded down $0.06 during midday trading on Wednesday, hitting $5.69. 530,949 shares of the stock were exchanged, compared to its average volume of 1,837,514. The stock's 50-day moving average price is $5.70 and its 200-day moving average price is $5.71. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market cap of $16.90 billion, a price-to-earnings ratio of 9.64, a PEG ratio of 0.39 and a beta of 0.64. Nomura Holdings, Inc. has a fifty-two week low of $4.34 and a fifty-two week high of $6.62.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. StockNews.com raised Nomura from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. began coverage on shares of Nomura in a research note on Thursday, August 29th. They issued a "neutral" rating for the company. Finally, Bank of America started coverage on shares of Nomura in a report on Tuesday, October 22nd. They set a "neutral" rating on the stock.

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.