Nomura Holdings, Inc. (NYSE:NMR - Get Free Report) dropped 4.9% during mid-day trading on Wednesday . The stock traded as low as $6.42 and last traded at $6.52. Approximately 163,139 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 612,572 shares. The stock had previously closed at $6.86.
Analysts Set New Price Targets
A number of research firms recently issued reports on NMR. Bank of America started coverage on shares of Nomura in a research report on Tuesday, October 22nd. They set a "neutral" rating for the company. StockNews.com upgraded shares of Nomura from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th.
Read Our Latest Research Report on NMR
Nomura Price Performance
The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11. The company's 50 day moving average is $6.09 and its 200 day moving average is $5.75. The stock has a market cap of $20.10 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 0.31 and a beta of 0.66.
Nomura (NYSE:NMR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. Research analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in NMR. Donald Smith & CO. Inc. bought a new stake in shares of Nomura in the third quarter worth $33,783,000. Fisher Asset Management LLC increased its stake in Nomura by 20.2% during the third quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider's stock valued at $53,138,000 after purchasing an additional 1,713,275 shares during the last quarter. Northern Trust Corp increased its stake in Nomura by 86.7% during the fourth quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider's stock valued at $12,977,000 after purchasing an additional 1,041,022 shares during the last quarter. Marshall Wace LLP increased its stake in Nomura by 178.6% during the fourth quarter. Marshall Wace LLP now owns 615,924 shares of the financial services provider's stock valued at $3,566,000 after purchasing an additional 394,866 shares during the last quarter. Finally, Summit Global Investments bought a new stake in Nomura during the fourth quarter valued at $1,428,000. 15.14% of the stock is owned by institutional investors and hedge funds.
About Nomura
(
Get 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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