Nomura Holdings Inc ADR (NYSE:NMR) Sees Significant Growth in Short Interest

Nomura Holdings Inc ADR (NYSE:NMR) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,323,146 shares, a growth of 50.4% from the January 15th total of 1,544,605 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,546,465 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 1,546,465 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.1% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Nomura in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Nomura has a consensus rating of “Buy”.

Nomura Trading Up 2.7%

Shares of Nomura stock traded up $0.25 during trading hours on Friday, reaching $9.54. 1,621,592 shares of the company’s stock were exchanged, compared to its average volume of 1,497,628. Nomura has a 52-week low of $4.86 and a 52-week high of $9.58. The company has a fifty day moving average of $8.75 and a 200-day moving average of $7.75. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 7.54. The firm has a market capitalization of $27.99 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 2.18 and a beta of 0.68.

Nomura (NYSE:NMR) last released its earnings results on Friday, January 30th. The financial services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). Nomura had a net margin of 7.81% and a return on equity of 9.88%. The business had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.25 billion. Sell-side analysts forecast that Nomura will post 0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Nomura

A number of institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC raised its stake in Nomura by 32.4% during the fourth quarter. Fisher Asset Management LLC now owns 13,151,514 shares of the financial services provider’s stock worth $110,341,000 after purchasing an additional 3,221,008 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of Nomura by 4,944.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock worth $16,272,000 after buying an additional 2,423,873 shares during the last quarter. Donald Smith & CO. Inc. raised its position in shares of Nomura by 6.3% in the 2nd quarter. Donald Smith & CO. Inc. now owns 11,063,436 shares of the financial services provider’s stock worth $72,797,000 after buying an additional 650,835 shares during the period. Morgan Stanley raised its position in shares of Nomura by 7.0% in the 4th quarter. Morgan Stanley now owns 9,815,360 shares of the financial services provider’s stock worth $82,351,000 after buying an additional 638,424 shares during the period. Finally, Carrera Capital Advisors boosted its holdings in Nomura by 109.1% in the second quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider’s stock valued at $4,808,000 after acquiring an additional 381,235 shares during the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

About Nomura

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.