Vestmark Advisory Solutions Inc. Takes $259,000 Position in Nomura Holdings Inc ADR $NMR

Vestmark Advisory Solutions Inc. bought a new stake in Nomura Holdings Inc ADR (NYSE:NMR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 39,372 shares of the financial services provider’s stock, valued at approximately $259,000.

Other hedge funds also recently bought and sold shares of the company. Donald Smith & CO. Inc. increased its stake in shares of Nomura by 11.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider’s stock worth $64,037,000 after acquiring an additional 1,094,218 shares during the last quarter. Carrera Capital Advisors increased its stake in Nomura by 109.1% during the second quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider’s stock worth $4,808,000 after acquiring an additional 381,235 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Nomura by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock valued at $28,400,000 after purchasing an additional 289,984 shares during the last quarter. New York State Common Retirement Fund purchased a new position in shares of Nomura during the 1st quarter worth $1,434,000. Finally, ABC Arbitrage SA increased its position in shares of Nomura by 37.4% during the 1st quarter. ABC Arbitrage SA now owns 297,655 shares of the financial services provider’s stock worth $1,831,000 after purchasing an additional 81,009 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NMR shares. Zacks Research upgraded shares of Nomura from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Nomura in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Nomura Stock Performance

NYSE NMR opened at $7.41 on Thursday. The business’s 50-day moving average price is $7.21 and its 200 day moving average price is $6.70. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 7.71. The firm has a market cap of $21.89 billion, a P/E ratio of 8.92, a P/E/G ratio of 3.41 and a beta of 0.73. Nomura Holdings Inc ADR has a 52-week low of $4.86 and a 52-week high of $7.59.

Nomura (NYSE:NMR) last announced its earnings results on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.05. Nomura had a return on equity of 10.23% and a net margin of 8.07%.The company had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $3.02 billion. On average, equities research analysts expect that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Nomura 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.