Donald Smith & CO. Inc. Buys 2,846,601 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Donald Smith & CO. Inc. increased its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 44.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,318,383 shares of the financial services provider's stock after buying an additional 2,846,601 shares during the quarter. Donald Smith & CO. Inc. owned 0.31% of Nomura worth $53,953,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wealthstream Advisors Inc. boosted its stake in Nomura by 13.8% in the fourth quarter. Wealthstream Advisors Inc. now owns 15,489 shares of the financial services provider's stock valued at $90,000 after acquiring an additional 1,875 shares during the last quarter. Franklin Resources Inc. lifted its stake in Nomura by 5.9% in the third 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 last quarter. Y Intercept Hong Kong Ltd grew its holdings in Nomura by 7.3% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 32,535 shares of the financial services provider's stock valued at $188,000 after purchasing an additional 2,208 shares during the period. Gallacher Capital Management LLC increased its position in Nomura by 3.8% in the fourth quarter. Gallacher Capital Management LLC now owns 71,982 shares of the financial services provider's stock worth $417,000 after buying an additional 2,622 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its stake in shares of Nomura by 9.6% in the third quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider's stock valued at $158,000 after buying an additional 2,657 shares during the period. Institutional investors own 15.14% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com upgraded Nomura from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th.

Nomura Stock Performance

Shares of NMR stock traded up $0.06 during trading on Tuesday, reaching $5.09. 559,486 shares of the company's stock traded hands, compared to its average volume of 623,381. The firm's 50-day moving average is $6.45 and its 200 day moving average is $5.97. The company has a market capitalization of $15.11 billion, a P/E ratio of 7.26, a PEG ratio of 0.30 and a beta of 0.65. Nomura Holdings, Inc. has a 1 year low of $4.66 and a 1 year high of $6.99. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52.

Nomura (NYSE:NMR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts expect that Nomura Holdings, Inc. will post 0.76 EPS 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.