Nomura Holdings Inc ADR $NMR Shares Acquired by UBS Group AG

UBS Group AG increased its position in Nomura Holdings Inc ADR (NYSE:NMR) by 63.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 275,130 shares of the financial services provider’s stock after acquiring an additional 106,291 shares during the period. UBS Group AG’s holdings in Nomura were worth $2,308,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NMR. V Square Quantitative Management LLC acquired a new stake in shares of Nomura in the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC grew its holdings in shares of Nomura by 101.2% in the 4th quarter. Farther Finance Advisors LLC now owns 5,001 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 2,515 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Nomura by 1,019.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 5,859 shares during the period. Sei Investments Co. acquired a new stake in shares of Nomura in the 2nd quarter worth approximately $67,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Nomura in the 2nd quarter worth approximately $72,000. Institutional investors and hedge funds own 15.14% of the company’s stock.

Nomura Price Performance

Shares of NYSE:NMR opened at $7.95 on Thursday. The business’s fifty day moving average price is $8.05 and its two-hundred day moving average price is $8.27. The stock has a market cap of $23.31 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.71. The company has a debt-to-equity ratio of 7.38, a quick ratio of 1.13 and a current ratio of 1.08. Nomura Holdings Inc ADR has a one year low of $5.96 and a one year high of $9.58.

Nomura (NYSE:NMR) last announced its earnings results on Friday, April 24th. The financial services provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). Nomura had a net margin of 7.64% and a return on equity of 9.70%. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.43 billion. On average, analysts forecast that Nomura Holdings Inc ADR will post 0.79 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. upgraded Nomura from a “neutral” rating to an “overweight” rating in a report on Thursday, March 19th. Weiss Ratings cut Nomura from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Nomura Company Profile

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.