BNP Paribas Financial Markets Sells 130,857 Shares of Nomura Holdings, Inc. (NYSE:NMR)

BNP Paribas Financial Markets cut its position in Nomura Holdings, Inc. (NYSE:NMR) by 82.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,733 shares of the financial services provider’s stock after selling 130,857 shares during the quarter. BNP Paribas Financial Markets’ holdings in Nomura were worth $150,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NMR. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Nomura during the 2nd quarter worth about $118,000. Blue Trust Inc. increased its position in Nomura by 532.1% during the second quarter. Blue Trust Inc. now owns 22,711 shares of the financial services provider’s stock worth $146,000 after buying an additional 19,118 shares during the last quarter. Optas LLC raised its stake in Nomura by 4.7% in the second quarter. Optas LLC now owns 40,764 shares of the financial services provider’s stock valued at $236,000 after buying an additional 1,819 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Nomura by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 206,724 shares of the financial services provider’s stock valued at $1,195,000 after buying an additional 8,005 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Nomura by 464.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 39,941 shares of the financial services provider’s stock valued at $231,000 after buying an additional 32,859 shares during the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Nomura Price Performance

Shares of NYSE NMR opened at $5.76 on Wednesday. The business’s 50 day moving average is $5.70 and its 200-day moving average is $5.71. The firm has a market cap of $17.10 billion, a P/E ratio of 9.75, a price-to-earnings-growth ratio of 0.39 and a beta of 0.64. Nomura Holdings, Inc. has a 1-year low of $4.34 and a 1-year high of $6.62. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Bank of America began coverage on shares of Nomura in a research report on Tuesday, October 22nd. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of Nomura in a report on Thursday, August 29th. They set a “neutral” rating for the company.

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.