Quadrant Capital Group LLC increased its stake in Nomura Holdings Inc (NYSE:NMR) by 75.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,332 shares of the financial services provider’s stock after purchasing an additional 52,097 shares during the quarter. Quadrant Capital Group LLC’s holdings in Nomura were worth $426,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of NMR. D. E. Shaw & Co. Inc. boosted its stake in shares of Nomura by 12.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,085,946 shares of the financial services provider’s stock worth $4,039,000 after acquiring an additional 119,471 shares during the last quarter. Two Sigma Advisers LP bought a new stake in Nomura in the 4th quarter valued at $59,000. CAPROCK Group Inc. increased its holdings in Nomura by 121.8% in the 1st quarter. CAPROCK Group Inc. now owns 37,982 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 20,859 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Nomura by 28.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 86,564 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 18,961 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new stake in Nomura in the 1st quarter valued at $355,000. Institutional investors own 0.79% of the company’s stock.
Shares of Nomura stock traded down $0.04 during trading hours on Wednesday, reaching $3.16. The company’s stock had a trading volume of 685,600 shares, compared to its average volume of 452,683. Nomura Holdings Inc has a one year low of $3.12 and a one year high of $5.41. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 6.02. The company has a market cap of $10.79 billion, a PE ratio of -11.70 and a beta of 1.40.
Nomura (NYSE:NMR) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. Nomura had a negative net margin of 6.03% and a negative return on equity of 3.56%. The firm had revenue of $2.74 billion during the quarter. As a group, sell-side analysts expect that Nomura Holdings Inc will post 0.37 earnings per share for the current fiscal year.
NMR has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Nomura from a “hold” rating to a “sell” rating in a report on Tuesday, February 19th. JPMorgan Chase & Co. initiated coverage on shares of Nomura in a report on Thursday, February 28th. They issued an “underweight” rating on the stock. Finally, Citigroup downgraded shares of Nomura from a “neutral” rating to a “sell” rating in a report on Thursday, May 16th. Four investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. The stock has a consensus rating of “Sell”.
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Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.
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