Nomura Holdings Inc (NYSE:NMR) shares dropped 5.1% on Wednesday . The stock traded as low as $4.20 and last traded at $4.25. Approximately 1,061,685 shares were traded during mid-day trading, an increase of 337% from the average daily volume of 242,695 shares. The stock had previously closed at $4.48.

Separately, TheStreet cut Nomura from a “c” rating to a “d+” rating in a research note on Friday, August 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $6.50.

The company has a market cap of $15.34 billion, a P/E ratio of 17.23 and a beta of 1.44. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 5.73.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Wednesday, October 31st. The financial services provider reported ($0.03) EPS for the quarter. Nomura had a net margin of 5.79% and a return on equity of 3.64%. The firm had revenue of $4.02 billion for the quarter.

A number of institutional investors have recently made changes to their positions in the stock. Northern Trust Corp boosted its stake in Nomura by 2.3% during the second quarter. Northern Trust Corp now owns 3,469,108 shares of the financial services provider’s stock valued at $16,617,000 after buying an additional 76,737 shares during the last quarter. Aperio Group LLC boosted its stake in Nomura by 9.2% during the third quarter. Aperio Group LLC now owns 2,425,242 shares of the financial services provider’s stock valued at $11,593,000 after buying an additional 204,266 shares during the last quarter. NINE MASTS CAPITAL Ltd boosted its stake in Nomura by 255.5% during the second quarter. NINE MASTS CAPITAL Ltd now owns 760,438 shares of the financial services provider’s stock valued at $3,692,000 after buying an additional 546,515 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Nomura by 13.8% during the third quarter. Crossmark Global Holdings Inc. now owns 296,644 shares of the financial services provider’s stock valued at $1,418,000 after buying an additional 35,972 shares during the last quarter. Finally, Comerica Bank raised its position in Nomura by 5.9% during the third quarter. Comerica Bank now owns 210,247 shares of the financial services provider’s stock valued at $1,032,000 after purchasing an additional 11,702 shares during the period. 0.73% of the stock is owned by institutional investors.

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Nomura Company Profile (NYSE:NMR)

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

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