Research analysts at Bank of America began coverage on shares of Nomura (NYSE:NMR - Get Free Report) in a research note issued to investors on Tuesday, StockNewsAPI reports. The brokerage set a "neutral" rating on the financial services provider's stock.
Several other brokerages also recently weighed in on NMR. JPMorgan Chase & Co. began coverage on Nomura in a research report on Thursday, August 29th. They set a "neutral" rating on the stock. StockNews.com cut Nomura from a "buy" rating to a "hold" rating in a research report on Thursday, September 5th.
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Nomura Stock Performance
NMR traded down $0.02 during midday trading on Tuesday, hitting $5.20. 287,959 shares of the company were exchanged, compared to its average volume of 2,073,603. The company's 50 day simple moving average is $5.51 and its 200 day simple moving average is $5.74. The firm has a market capitalization of $15.43 billion, a price-to-earnings ratio of 14.04 and a beta of 0.62. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.24. Nomura has a 1-year low of $3.75 and a 1-year high of $6.62.
Nomura (NYSE:NMR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share for the quarter. The company had revenue of $7.81 billion for the quarter. Nomura had a return on equity of 6.09% and a net margin of 5.61%.
Hedge Funds Weigh In On Nomura
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NMR. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Nomura during the second quarter worth approximately $34,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Nomura during the first quarter worth $45,000. Sage Mountain Advisors LLC acquired a new stake in shares of Nomura in the second quarter valued at about $59,000. SYM FINANCIAL Corp purchased a new position in shares of Nomura in the second quarter worth about $59,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Nomura in the second quarter worth about $60,000. 15.14% of the stock is owned by hedge funds and other institutional investors.
About Nomura
(
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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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