Nomura Holdings, Inc. (NYSE:NMR) Stake Reduced by Choreo LLC

Choreo LLC lowered its holdings in Nomura Holdings, Inc. (NYSE:NMR) by 9.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,969 shares of the financial services provider’s stock after selling 4,063 shares during the period. Choreo LLC’s holdings in Nomura were worth $215,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its stake in Nomura by 9.2% during the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock valued at $7,110,000 after buying an additional 114,676 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Nomura by 225.7% in the third quarter. JPMorgan Chase & Co. now owns 92,737 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 64,268 shares in the last quarter. Verition Fund Management LLC acquired a new stake in shares of Nomura during the third quarter worth approximately $97,000. Maverick Capital Ltd. purchased a new position in shares of Nomura during the 3rd quarter valued at $1,219,000. Finally, Cerity Partners LLC raised its holdings in shares of Nomura by 32.9% during the third quarter. Cerity Partners LLC now owns 342,946 shares of the financial services provider’s stock worth $1,790,000 after acquiring an additional 84,836 shares in the last quarter. 15.14% of the stock is currently owned by institutional investors.

Nomura Stock Down 0.1 %

Nomura stock opened at $6.77 on Friday. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11. The firm has a fifty day moving average price of $6.09 and a two-hundred day moving average price of $5.75. The firm has a market cap of $20.10 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 0.31 and a beta of 0.66. Nomura Holdings, Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $6.99.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. As a group, analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Nomura Company 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.