Weiss Ratings Reiterates Hold (C+) Rating for Nomura (NYSE:NMR)

Nomura (NYSE:NMR)‘s stock had its “hold (c+)” rating reissued by equities researchers at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Separately, Zacks Research upgraded shares of Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One 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, Nomura presently has an average rating of “Buy”.

Nomura Price Performance

Nomura stock opened at $7.13 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.71. The stock’s 50 day moving average is $7.23 and its 200-day moving average is $6.62. Nomura has a 12 month low of $4.86 and a 12 month high of $7.59. The company has a market capitalization of $21.06 billion, a price-to-earnings ratio of 8.58, a PEG ratio of 3.41 and a beta of 0.74.

Nomura (NYSE:NMR) last issued its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Nomura had a return on equity of 10.23% and a net margin of 8.07%.The firm had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.02 billion. Equities research analysts expect that Nomura will post 0.76 EPS for the current year.

Institutional Trading of Nomura

Several large investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its stake in Nomura by 43.4% during the first quarter. GAMMA Investing LLC now owns 17,921 shares of the financial services provider’s stock worth $110,000 after buying an additional 5,421 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Nomura by 7.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 54,942 shares of the financial services provider’s stock worth $336,000 after acquiring an additional 3,990 shares in the last quarter. Summit Trail Advisors LLC acquired a new stake in shares of Nomura during the 1st quarter worth approximately $88,000. Bank of New York Mellon Corp boosted its position in shares of Nomura by 7.1% during the 1st quarter. Bank of New York Mellon Corp now owns 235,920 shares of the financial services provider’s stock worth $1,451,000 after acquiring an additional 15,717 shares in the last quarter. Finally, Callan Capital LLC boosted its position in shares of Nomura by 13.2% during the 1st quarter. Callan Capital LLC now owns 155,985 shares of the financial services provider’s stock worth $959,000 after acquiring an additional 18,140 shares in the last quarter. 15.14% of the stock is owned by institutional investors and hedge funds.

Nomura Company 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.