Published On: Wed, Sep 21st, 2016

Nomura Holdings Inc. (NMR) Shares Up 4%

Nomura Holdings Inc. (NYSE:NMR)’s share price shot up 4% during mid-day trading on Wednesday . The stock traded as high as $4.69 and last traded at $4.65, with a volume of 103,483 shares traded. The stock had previously closed at $4.47.
Several brokerages have recently issued reports on NMR. Morgan Stanley cut shares of Nomura Holdings from an “overweight” rating to an “equal” rating in a research note on Friday, July 8th. Jefferies Group raised shares of Nomura Holdings from an “underperform” rating to a “hold” rating in a research note on Thursday, September 1st. Zacks Investment Research raised shares of Nomura Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. JPMorgan Chase & Co. began coverage on shares of Nomura Holdings in a research report on Friday, July 29th. They issued a “neutral” rating on the stock. Finally, TheStreet downgraded shares of Nomura Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $5.00.
The stock has a market cap of $16.88 billion, a price-to-earnings ratio of 16.280 and a beta of 1.83. The firm has a 50-day moving average of $4.53 and a 200-day moving average of $4.27.

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Nomura Holdings (NYSE:NMR) last issued its quarterly earnings results on Thursday, July 28th. The company reported $12.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $5.80 by $6.91. The business had revenue of $418.41 billion for the quarter, compared to the consensus estimate of $300.50 billion. Nomura Holdings had a net margin of 7.05% and a return on equity of 4.01%. The firm’s quarterly revenue was down 17.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $19.11 EPS. On average, analysts predict that Nomura Holdings Inc. will post $0.24 EPS for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of NMR. Wetherby Asset Management Inc. increased its position in shares of Nomura Holdings by 8.1% in the second quarter. Wetherby Asset Management Inc. now owns 77,352 shares of the company’s stock valued at $272,000 after buying an additional 5,829 shares during the period. NINE MASTS CAPITAL Ltd increased its position in shares of Nomura Holdings by 17.3% in the second quarter. NINE MASTS CAPITAL Ltd now owns 2,623,300 shares of the company’s stock valued at $9,279,000 after buying an additional 386,600 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Nomura Holdings by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,157,251 shares of the company’s stock valued at $4,062,000 after buying an additional 13,800 shares during the period. Emerald Acquisition Ltd. bought a new position in shares of Nomura Holdings during the second quarter valued at about $2,209,000. Finally, World Asset Management Inc increased its position in shares of Nomura Holdings by 8.3% in the second quarter. World Asset Management Inc now owns 236,598 shares of the company’s stock valued at $830,000 after buying an additional 18,157 shares during the period. Institutional investors and hedge funds own 0.53% of the company’s stock.
Nomura Holdings Company Profile
Nomura Holdings, Inc (Nomura) is a financial services company. The Company, through its broker-dealer, banking and other financial services subsidiaries, provide investment, financing and related services to individual, institutional and government clients across the world. The Company’s segments include Retail, Asset Management and Wholesale.

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