FMR LLC raised its stake in Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 9.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,362,014 shares of the financial services provider's stock after purchasing an additional 114,676 shares during the quarter. FMR LLC's holdings in Nomura were worth $7,110,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC purchased a new position in Nomura during the 2nd quarter valued at about $34,000. Sage Mountain Advisors LLC bought a new position in shares of Nomura during the second quarter valued at approximately $59,000. SYM FINANCIAL Corp bought a new position in shares of Nomura during the second quarter valued at approximately $59,000. Catalytic Wealth RIA LLC purchased a new stake in Nomura in the third quarter worth $59,000. Finally, Sanctuary Advisors LLC bought a new stake in Nomura in the second quarter valued at $60,000. Hedge funds and other institutional investors own 15.14% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Bank of America initiated coverage on Nomura in a report on Tuesday, October 22nd. They set a "neutral" rating on the stock. StockNews.com upgraded Nomura from a "hold" rating to a "buy" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. assumed coverage on shares of Nomura in a research report on Thursday, August 29th. They issued a "neutral" rating on the stock.
Check Out Our Latest Analysis on NMR
Nomura Stock Down 1.2 %
Shares of NMR traded down $0.07 during trading hours on Friday, hitting $5.94. The company had a trading volume of 336,454 shares, compared to its average volume of 1,855,150. The stock has a market capitalization of $17.65 billion, a price-to-earnings ratio of 10.07, a P/E/G ratio of 0.40 and a beta of 0.64. The firm has a fifty day moving average price of $5.67 and a 200-day moving average price of $5.71. Nomura Holdings, Inc. has a 52-week low of $4.29 and a 52-week high of $6.62. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.11 and a current ratio of 1.11.
Nomura Company Profile
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Free Report)
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.
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