Charles Schwab Investment Management Inc. Buys 70,216 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Charles Schwab Investment Management Inc. lifted its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 22.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,107 shares of the financial services provider’s stock after buying an additional 70,216 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Nomura were worth $2,212,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. Maverick Capital Ltd. bought a new position in shares of Nomura in the third quarter worth about $1,219,000. ABC Arbitrage SA bought a new position in shares of Nomura during the 4th quarter valued at approximately $1,254,000. Praetorian PR LLC raised its position in shares of Nomura by 53.3% during the 3rd quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock valued at $2,974,000 after buying an additional 200,000 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Nomura in the 3rd quarter worth approximately $717,000. Finally, FMR LLC lifted its holdings in shares of Nomura by 9.2% in the 3rd quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock worth $7,110,000 after acquiring an additional 114,676 shares during the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Stock Performance

Shares of NYSE:NMR opened at $6.39 on Friday. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99. The firm has a 50 day moving average of $6.51 and a 200 day moving average of $5.95. The company has a market capitalization of $18.97 billion, a price-to-earnings ratio of 9.12, a price-to-earnings-growth ratio of 0.30 and a beta of 0.60. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, sell-side analysts predict that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

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.