Acadian Asset Management LLC Takes Position in Nomura Holdings, Inc. (NYSE:NMR)

Acadian Asset Management LLC acquired a new stake in shares of Nomura Holdings, Inc. (NYSE:NMR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 197,342 shares of the financial services provider’s stock, valued at approximately $1,140,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its stake in shares of Nomura by 21.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,933,656 shares of the financial services provider’s stock valued at $17,741,000 after buying an additional 689,849 shares during the last quarter. QRG Capital Management Inc. grew its stake in shares of Nomura by 32.0% during the second quarter. QRG Capital Management Inc. now owns 339,913 shares of the financial services provider’s stock valued at $1,965,000 after buying an additional 82,467 shares during the last quarter. Natixis Advisors LLC grew its stake in shares of Nomura by 11.1% during the second quarter. Natixis Advisors LLC now owns 240,769 shares of the financial services provider’s stock valued at $1,392,000 after buying an additional 23,967 shares during the last quarter. Bank of New York Mellon Corp grew its stake 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 worth $1,195,000 after purchasing an additional 8,005 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of Nomura by 21.3% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 197,029 shares of the financial services provider’s stock worth $889,000 after purchasing an additional 34,569 shares during the last quarter. 15.14% of the stock is owned by institutional investors.

Nomura Stock Performance

Nomura stock opened at $5.43 on Monday. The stock’s 50 day simple moving average is $5.71 and its two-hundred day simple moving average is $5.90. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. The stock has a market cap of $16.13 billion, a price-to-earnings ratio of 14.68 and a beta of 0.62. Nomura Holdings, Inc. has a fifty-two week low of $3.75 and a fifty-two week high of $6.62.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Nomura in a research note on Thursday, August 29th. They issued a “neutral” rating on the stock. StockNews.com cut Nomura from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th.

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.