Short Interest in Nomura Holdings Inc ADR (NYSE:NMR) Rises By 50.4%

Nomura Holdings Inc ADR (NYSE:NMR) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,323,146 shares, a growth of 50.4% from the January 15th total of 1,544,605 shares. Based on an average trading volume of 1,546,465 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,546,465 shares, the days-to-cover ratio is currently 1.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Nomura Price Performance

Shares of NYSE NMR traded up $0.25 during trading on Monday, hitting $9.54. The company had a trading volume of 1,621,592 shares, compared to its average volume of 1,538,138. The firm has a market capitalization of $27.99 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 2.24 and a beta of 0.68. The stock has a fifty day simple moving average of $8.75 and a two-hundred day simple moving average of $7.76. The company has a quick ratio of 1.13, a current ratio of 1.12 and a debt-to-equity ratio of 7.54. Nomura has a fifty-two week low of $4.86 and a fifty-two week high of $9.58.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). Nomura had a net margin of 7.81% and a return on equity of 9.88%. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.25 billion. On average, research analysts expect that Nomura will post 0.76 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its stake in shares of Nomura by 32.4% in the fourth quarter. Fisher Asset Management LLC now owns 13,151,514 shares of the financial services provider’s stock worth $110,341,000 after buying an additional 3,221,008 shares in the last quarter. Donald Smith & CO. Inc. lifted its position in Nomura by 2.2% during the fourth quarter. Donald Smith & CO. Inc. now owns 12,695,534 shares of the financial services provider’s stock worth $106,516,000 after buying an additional 274,787 shares in the last quarter. Morgan Stanley lifted its position in Nomura by 7.0% during the fourth quarter. Morgan Stanley now owns 9,815,360 shares of the financial services provider’s stock worth $82,351,000 after buying an additional 638,424 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Nomura by 3.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,229,415 shares of the financial services provider’s stock valued at $43,875,000 after buying an additional 175,201 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in shares of Nomura by 4,944.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock worth $16,272,000 after acquiring an additional 2,423,873 shares during the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.

About Nomura

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.