Summit Global Investments Takes $1.43 Million Position in Nomura Holdings, Inc. (NYSE:NMR)

Summit Global Investments purchased a new stake in shares of Nomura Holdings, Inc. (NYSE:NMR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 246,609 shares of the financial services provider's stock, valued at approximately $1,428,000.

Several other institutional investors have also added to or reduced their stakes in the company. Wealthstream Advisors Inc. boosted its position in shares of Nomura by 13.8% during the 4th 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 holdings in shares of Nomura by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider's stock valued at $201,000 after acquiring an additional 2,082 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in Nomura by 7.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 32,535 shares of the financial services provider's stock worth $188,000 after acquiring an additional 2,208 shares in the last quarter. Gallacher Capital Management LLC increased its stake in Nomura by 3.8% during the fourth quarter. Gallacher Capital Management LLC now owns 71,982 shares of the financial services provider's stock worth $417,000 after acquiring an additional 2,622 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its position in Nomura by 9.6% during the third quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider's stock valued at $158,000 after purchasing an additional 2,657 shares during the period. Hedge funds and other institutional investors own 15.14% of the company's stock.

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Nomura Trading Up 0.8 %

NMR stock traded up $0.06 during mid-day trading on Thursday, reaching $6.62. 365,366 shares of the stock traded hands, compared to its average volume of 810,275. The business has a 50-day moving average price of $6.48 and a two-hundred day moving average price of $5.94. The stock has a market capitalization of $19.65 billion, a PE ratio of 9.45, a PEG ratio of 0.30 and a beta of 0.60. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17. Nomura Holdings, Inc. has a one year low of $4.66 and a one year high of $6.99.

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, beating the consensus estimate of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. Equities research analysts expect that Nomura Holdings, Inc. will post 0.76 EPS for the current year.

Analyst Upgrades and Downgrades

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

About Nomura

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.