Franklin Resources Inc. Purchases 2,082 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Franklin Resources Inc. grew its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 5.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,169 shares of the financial services provider’s stock after acquiring an additional 2,082 shares during the period. Franklin Resources Inc.’s holdings in Nomura were worth $201,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of Nomura during the third quarter valued at approximately $25,000. Sanctuary Advisors LLC raised its holdings in Nomura by 73.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,904 shares of the financial services provider’s stock worth $93,000 after purchasing an additional 7,591 shares in the last quarter. M&T Bank Corp lifted its position in shares of Nomura by 12.1% in the 3rd quarter. M&T Bank Corp now owns 34,134 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 3,675 shares during the period. Y Intercept Hong Kong Ltd boosted its stake in shares of Nomura by 61.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 30,327 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 11,573 shares in the last quarter. Finally, Dorsey Wright & Associates boosted its stake in shares of Nomura by 13.2% during the 3rd quarter. Dorsey Wright & Associates now owns 492,063 shares of the financial services provider’s stock valued at $2,568,000 after purchasing an additional 57,390 shares in the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on NMR shares. Bank of America assumed coverage on shares of Nomura in a report on Tuesday, October 22nd. They issued a “neutral” rating for the company. StockNews.com raised Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th.

Nomura Stock Up 0.3 %

NYSE:NMR opened at $5.81 on Friday. Nomura Holdings, Inc. has a 1-year low of $4.43 and a 1-year high of $6.62. The company has a market capitalization of $17.26 billion, a PE ratio of 9.85, a P/E/G ratio of 0.39 and a beta of 0.64. The firm’s 50-day moving average price is $5.82 and its 200-day moving average price is $5.69. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.11.

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.