Successful Portfolios LLC Acquires Shares of 15,000 Nomura Holdings, Inc. (NYSE:NMR)

Successful Portfolios LLC purchased a new position in Nomura Holdings, Inc. (NYSE:NMR) in the fourth quarter, HoldingsChannel reports. The firm purchased 15,000 shares of the financial services provider’s stock, valued at approximately $68,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bruce G. Allen Investments LLC acquired a new stake in Nomura during the fourth quarter worth $29,000. Ronald Blue Trust Inc. lifted its holdings in Nomura by 109.2% during the 3rd quarter. Ronald Blue Trust Inc. now owns 11,085 shares of the financial services provider’s stock worth $42,000 after buying an additional 5,786 shares during the period. Valeo Financial Advisors LLC bought a new stake in Nomura in the third quarter valued at $45,000. Captrust Financial Advisors lifted its position in shares of Nomura by 42.7% during the third quarter. Captrust Financial Advisors now owns 12,240 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 3,660 shares in the last quarter. Finally, Xponance Inc. purchased a new stake in Nomura during the third quarter valued at about $51,000. 15.14% of the stock is owned by institutional investors and hedge funds.

Nomura Price Performance

Shares of NYSE NMR traded up $0.04 during mid-day trading on Thursday, reaching $6.42. The company’s stock had a trading volume of 1,244,499 shares, compared to its average volume of 4,614,081. The stock has a 50-day moving average of $5.72 and a two-hundred day moving average of $4.75. The company has a debt-to-equity ratio of 6.65, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $19.28 billion, a P/E ratio of 23.63, a P/E/G ratio of 0.57 and a beta of 0.66. Nomura Holdings, Inc. has a 1-year low of $3.38 and a 1-year high of $6.62.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $7.32 billion for the quarter. Nomura had a return on equity of 3.44% and a net margin of 3.49%. During the same period in the prior year, the firm posted $0.15 EPS. On average, equities research analysts anticipate that Nomura Holdings, Inc. will post 0.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised Nomura from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th.

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.