Free Trial

Townsquare Capital LLC Lowers Stock Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Nomura logo with Finance background

Townsquare Capital LLC cut its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR - Free Report) by 77.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,163 shares of the financial services provider's stock after selling 85,407 shares during the quarter. Townsquare Capital LLC's holdings in Nomura were worth $146,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NMR. Donald Smith & CO. Inc. lifted its holdings in Nomura by 44.0% in the fourth quarter. Donald Smith & CO. Inc. now owns 9,318,383 shares of the financial services provider's stock valued at $53,953,000 after acquiring an additional 2,846,601 shares during the period. Renaissance Technologies LLC raised its position in Nomura by 4.4% during the fourth quarter. Renaissance Technologies LLC now owns 1,505,837 shares of the financial services provider's stock worth $8,719,000 after acquiring an additional 63,318 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Nomura by 22.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 382,107 shares of the financial services provider's stock valued at $2,212,000 after purchasing an additional 70,216 shares during the period. Summit Global Investments purchased a new stake in shares of Nomura during the fourth quarter worth about $1,428,000. Finally, Natixis Advisors LLC raised its position in shares of Nomura by 14.6% during the 4th quarter. Natixis Advisors LLC now owns 245,637 shares of the financial services provider's stock worth $1,422,000 after purchasing an additional 31,288 shares during the last quarter. Hedge funds and other institutional investors own 15.14% of the company's stock.

Nomura Price Performance

NMR stock traded down $0.22 during trading on Monday, hitting $5.57. The stock had a trading volume of 683,644 shares, compared to its average volume of 786,522. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.99. The company's 50-day moving average price is $6.05 and its two-hundred day moving average price is $5.97. 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 stock has a market capitalization of $16.53 billion, a P/E ratio of 7.95, a PEG ratio of 0.30 and a beta of 0.65.

Nomura (NYSE:NMR - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The financial services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $7.08 billion for the quarter, compared to analysts' expectations of $451.20 billion. Nomura had a return on equity of 9.19% and a net margin of 7.96%. As a group, research analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Nomura Profile

(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.

See Also

Institutional Ownership by Quarter for Nomura (NYSE:NMR)

Should You Invest $1,000 in Nomura Right Now?

Before you consider Nomura, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nomura wasn't on the list.

While Nomura currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines