Ashton Thomas Private Wealth LLC Purchases Shares of 5,812 Nomura Holdings, Inc. (NYSE:NMR)

Ashton Thomas Private Wealth LLC purchased a new stake in Nomura Holdings, Inc. (NYSE:NMR) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,812 shares of the financial services provider’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in Nomura by 36.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock worth $34,000 after buying an additional 2,018 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Nomura during the 1st quarter worth about $45,000. Ieq Capital LLC acquired a new stake in Nomura during the 4th quarter worth about $57,000. Sage Mountain Advisors LLC acquired a new stake in Nomura during the 2nd quarter worth about $59,000. Finally, Russell Investments Group Ltd. raised its holdings in Nomura by 393.0% during the 4th quarter. Russell Investments Group Ltd. now owns 13,798 shares of the financial services provider’s stock worth $62,000 after buying an additional 10,999 shares during the period. 15.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. StockNews.com downgraded Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. initiated coverage on Nomura in a report on Thursday, August 29th. They issued a “neutral” rating on the stock.

Nomura Price Performance

Shares of NMR opened at $5.48 on Tuesday. The company has a market capitalization of $16.26 billion, a price-to-earnings ratio of 14.80 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. The company has a debt-to-equity ratio of 7.24, a current ratio of 1.11 and a quick ratio of 1.16. The business’s 50-day moving average is $5.70 and its 200-day moving average is $5.89.

Nomura (NYSE:NMR) last issued its earnings results on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share for the quarter. The company 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%.

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.