AQR Capital Management LLC Purchases 36,404 Shares of Nomura Holdings, Inc. (NYSE:NMR)

AQR Capital Management LLC increased its stake in Nomura Holdings, Inc. (NYSE:NMR) by 25.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,140 shares of the financial services provider’s stock after purchasing an additional 36,404 shares during the period. AQR Capital Management LLC’s holdings in Nomura were worth $1,030,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of Nomura during the 2nd quarter worth about $34,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Nomura during the first quarter worth $45,000. Sage Mountain Advisors LLC acquired a new position in shares of Nomura during the second quarter worth $59,000. SYM FINANCIAL Corp bought a new position in shares of Nomura in the 2nd quarter valued at $59,000. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Nomura during the 4th quarter valued at $62,000. Institutional investors and hedge funds own 15.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NMR. StockNews.com lowered Nomura from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. assumed coverage on Nomura in a research report on Thursday, August 29th. They issued a “neutral” rating for the company.

Nomura Stock Performance

Shares of Nomura stock opened at $5.33 on Friday. The company has a market cap of $15.83 billion, a PE ratio of 11.87 and a beta of 0.62. The company has a quick ratio of 1.16, a current ratio of 1.11 and a debt-to-equity ratio of 7.24. Nomura Holdings, Inc. has a 52 week low of $3.75 and a 52 week high of $6.62. The business has a 50 day moving average price of $5.47 and a 200-day moving average price of $5.80.

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

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.