Bank of New York Mellon Corp Boosts Position in Nomura Holdings, Inc. (NYSE:NMR)

Bank of New York Mellon Corp raised its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 206,724 shares of the financial services provider’s stock after acquiring an additional 8,005 shares during the period. Bank of New York Mellon Corp’s holdings in Nomura were worth $1,195,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NMR. EverSource Wealth Advisors LLC lifted its position in Nomura by 36.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 2,018 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Nomura during the 1st quarter worth approximately $45,000. Russell Investments Group Ltd. increased its holdings 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 buying an additional 10,999 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Nomura during the 4th quarter valued at about $62,000. Finally, XY Capital Ltd acquired a new stake in Nomura in the first quarter valued at approximately $69,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. started coverage on Nomura in a research note on Thursday, August 29th. They set 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 Performance

Shares of Nomura stock opened at $5.52 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.24. Nomura Holdings, Inc. has a twelve month low of $3.75 and a twelve month high of $6.62. The firm has a market capitalization of $16.40 billion, a PE ratio of 14.92 and a beta of 0.63. The firm’s 50-day moving average price is $5.65 and its 200 day moving average price is $5.88.

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

Nomura Profile

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.