Ballentine Partners LLC Boosts Stock Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Ballentine Partners LLC boosted its position in Nomura Holdings, Inc. (NYSE:NMR) by 26.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,862 shares of the financial services provider’s stock after buying an additional 14,940 shares during the quarter. Ballentine Partners LLC’s holdings in Nomura were worth $410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in Nomura by 20.2% in the 3rd quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock worth $53,138,000 after acquiring an additional 1,713,275 shares during the last quarter. Donald Smith & CO. Inc. purchased a new position in shares of Nomura in the third quarter worth about $33,783,000. FMR LLC raised its position in shares of Nomura by 9.2% in the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock valued at $7,110,000 after purchasing an additional 114,676 shares during the period. Millennium Management LLC purchased a new stake in shares of Nomura during the 2nd quarter valued at approximately $4,608,000. Finally, Praetorian PR LLC boosted its holdings in Nomura by 53.3% in the 3rd quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after buying an additional 200,000 shares during the period. 15.14% of the stock is currently owned by institutional investors.

Nomura Stock Performance

Nomura stock opened at $6.14 on Friday. The firm’s 50 day simple moving average is $5.92 and its 200 day simple moving average is $5.69. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19. Nomura Holdings, Inc. has a 1-year low of $4.66 and a 1-year high of $6.62. The firm has a market capitalization of $18.23 billion, a PE ratio of 10.40, a price-to-earnings-growth ratio of 0.40 and a beta of 0.65.

Nomura (NYSE:NMR) last released its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. The firm had revenue of $8.34 billion for the quarter. Nomura had a return on equity of 7.93% and a net margin of 6.91%. During the same period in the previous year, the business earned $0.08 EPS. As a group, analysts expect that Nomura Holdings, Inc. will post 0.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NMR. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Bank of America initiated coverage on Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating for the company.

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.