Private Advisor Group LLC Decreases Stake in Nomura Holdings, Inc. (NYSE:NMR)

Private Advisor Group LLC reduced its holdings in Nomura Holdings, Inc. (NYSE:NMR) by 11.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,978 shares of the financial services provider’s stock after selling 3,456 shares during the period. Private Advisor Group LLC’s holdings in Nomura were worth $156,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. R Squared Ltd purchased a new position in Nomura during the fourth quarter worth about $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Nomura in the 3rd quarter valued at approximately $25,000. Adero Partners LLC purchased a new stake in shares of Nomura in the 4th quarter valued at approximately $59,000. Savant Capital LLC purchased a new stake in shares of Nomura in the 4th quarter valued at approximately $59,000. Finally, Catalytic Wealth RIA LLC purchased a new stake in shares of Nomura in the 3rd quarter valued at approximately $59,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Trading Up 0.7 %

Shares of NMR stock opened at $6.52 on Friday. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17. The stock has a market capitalization of $19.35 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 0.30 and a beta of 0.60. The company has a 50 day moving average price of $6.30 and a 200 day moving average price of $5.87. 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 announced its quarterly earnings data 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%. Equities research analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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.