Charles Schwab Investment Management Inc. cut its stake in Nomura Holdings, Inc. (NYSE:NMR – Free Report) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 311,891 shares of the financial services provider’s stock after selling 15,282 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Nomura were worth $1,628,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC purchased a new position in Nomura in the 2nd quarter valued at approximately $34,000. Sage Mountain Advisors LLC purchased a new position in Nomura in the second quarter worth $59,000. SYM FINANCIAL Corp purchased a new stake in shares of Nomura during the 2nd quarter worth approximately $59,000. Catalytic Wealth RIA LLC acquired a new stake in Nomura in the 3rd quarter valued at about $59,000. Finally, Sanctuary Advisors LLC purchased a new position in Nomura during the second quarter worth $60,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on NMR shares. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Bank of America began coverage on shares of Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating for the company. Finally, JPMorgan Chase & Co. assumed coverage on Nomura in a report on Thursday, August 29th. They set a “neutral” rating on the stock.
Nomura Stock Down 0.3 %
Shares of Nomura stock opened at $5.93 on Tuesday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19. The stock has a market capitalization of $17.60 billion, a price-to-earnings ratio of 10.04, a PEG ratio of 0.40 and a beta of 0.64. Nomura Holdings, Inc. has a twelve month low of $4.34 and a twelve month high of $6.62. The business’s 50 day simple moving average is $5.68 and its 200-day simple moving average is $5.71.
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.
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