Nomura (NYSE:NMR) Shares Gap Down to $5.47

Nomura Holdings, Inc. (NYSE:NMR)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $5.47, but opened at $5.35. Nomura shares last traded at $5.32, with a volume of 150,587 shares trading hands.

Wall Street Analyst Weigh In

Several analysts recently weighed in on NMR shares. JPMorgan Chase & Co. started coverage on shares of Nomura in a report on Thursday, August 29th. They issued a “neutral” rating for the company. StockNews.com cut shares of Nomura from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th.

Nomura Stock Up 0.8 %

The company has a market cap of $16.00 billion, a price-to-earnings ratio of 14.55 and a beta of 0.63. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. The business has a 50-day simple moving average of $5.67 and a 200-day simple moving average of $5.89.

Nomura (NYSE:NMR) last posted its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.14 EPS for the quarter. The company had revenue of $7.81 billion during the quarter. Nomura had a net margin of 5.61% and a return on equity of 6.09%.

Institutional Trading of Nomura

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NMR. Russell Investments Group Ltd. boosted its stake in Nomura by 393.0% in the fourth quarter. Russell Investments Group Ltd. now owns 13,798 shares of the financial services provider’s stock valued at $62,000 after acquiring an additional 10,999 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Nomura by 21.3% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 197,029 shares of the financial services provider’s stock valued at $889,000 after buying an additional 34,569 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Nomura by 36.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 2,018 shares during the period. Parallel Advisors LLC grew its position in shares of Nomura by 38.4% during the fourth quarter. Parallel Advisors LLC now owns 19,110 shares of the financial services provider’s stock worth $86,000 after acquiring an additional 5,307 shares during the last quarter. Finally, Capstone Investment Advisors LLC acquired a new position in shares of Nomura in the 4th quarter valued at $126,000. Institutional investors and hedge funds own 15.14% of the company’s stock.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.