Nomura Holdings Inc ADR (NYSE:NMR) Stock Short Interest Report for September

Nomura Holdings Inc ADR (NYSE:NMR) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 1,742,567 shares, a growth of 59.6% from the September 15th total of 1,092,009 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 664,564 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On Nomura

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC grew its position in Nomura by 27.0% during the first quarter. Renaissance Technologies LLC now owns 2,312,237 shares of the financial services provider’s stock valued at $18,244,000 after buying an additional 491,400 shares during the period. Sequoia Financial Advisors LLC increased its holdings in Nomura by 236.2% during the first quarter. Sequoia Financial Advisors LLC now owns 166,873 shares of the financial services provider’s stock valued at $1,317,000 after buying an additional 117,233 shares during the last quarter. Quantinno Capital Management LP raised its position in Nomura by 18.4% in the first quarter. Quantinno Capital Management LP now owns 2,547,208 shares of the financial services provider’s stock worth $20,097,000 after acquiring an additional 395,656 shares during the period. Vise Technologies Inc. raised its position in Nomura by 227.7% in the second quarter. Vise Technologies Inc. now owns 153,947 shares of the financial services provider’s stock worth $1,352,000 after acquiring an additional 106,974 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its position in Nomura by 94.9% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 109,995 shares of the financial services provider’s stock worth $966,000 after acquiring an additional 53,554 shares during the period. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NMR. Nomura upgraded Nomura to a “buy” rating and set a $10.20 price target on the stock in a research report on Thursday, June 25th. Bank of America upgraded Nomura from a “neutral” rating to a “buy” rating and set a $10.20 price objective on the stock in a research report on Thursday, June 25th. Wall Street Zen raised Nomura from a “hold” rating to a “buy” rating in a report on Sunday, October 4th. Weiss Ratings upgraded Nomura from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $10.20.

Nomura Stock Up 1.0%

NMR traded up $0.10 during trading on Friday, reaching $9.38. The stock had a trading volume of 61,598 shares, compared to its average volume of 1,369,155. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 8.06. The company has a market capitalization of $27.50 billion, a price-to-earnings ratio of 10.91, a P/E/G ratio of 1.05 and a beta of 0.74. The stock’s 50 day moving average is $9.99 and its two-hundred day moving average is $9.15. Nomura has a one year low of $6.88 and a one year high of $10.94.

Nomura (NYSE:NMR) last announced its earnings results on Tuesday, June 30th. The financial services provider reported $0.30 earnings per share for the quarter. The business had revenue of $4.19 billion during the quarter. Nomura had a net margin of 8.09% and a return on equity of 10.42%. As a group, analysts expect that Nomura will post 0.98 earnings per share for the current year.

Nomura Company Profile

Nomura Holdings, Inc is a Japan-based financial services group headquartered in Tokyo. Through its subsidiaries, including Nomura Securities Co, Ltd., the company provides investment, financing and advisory services to individuals, corporations, financial institutions and governments.

Nomura’s principal businesses include retail wealth management, investment management and wholesale services. Its wholesale operations offer investment banking, equity and fixed-income sales and trading, research, securities underwriting, mergers and acquisitions advice, and other capital-markets services.