Nomura Holdings, Inc. (NYSE:NMR) Stock Position Reduced by DMC Group LLC

DMC Group LLC trimmed its position in Nomura Holdings, Inc. (NYSE:NMR) by 18.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 74,790 shares of the financial services provider’s stock after selling 16,772 shares during the period. DMC Group LLC’s holdings in Nomura were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in Nomura during the third quarter valued at $25,000. R Squared Ltd acquired a new position in shares of Nomura in the 4th quarter valued at about $26,000. Catalytic Wealth RIA LLC bought a new stake in shares of Nomura during the 3rd quarter valued at about $59,000. Sanctuary Advisors LLC acquired a new stake in Nomura during the second quarter worth about $60,000. Finally, Canopy Partners LLC bought a new position in Nomura in the third quarter worth about $82,000. 15.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NMR. Bank of America initiated coverage on Nomura in a report on Tuesday, October 22nd. They issued a “neutral” rating on the stock. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Stock Performance

Shares of NYSE NMR opened at $6.42 on Thursday. Nomura Holdings, Inc. has a 12-month low of $4.66 and a 12-month high of $6.62. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19. The company has a market cap of $19.06 billion, a PE ratio of 10.87, a P/E/G ratio of 0.40 and a beta of 0.65. The stock has a 50 day simple moving average of $5.94 and a 200-day simple moving average of $5.69.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. The company 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 last year, the business posted $0.08 earnings per share. On average, equities research analysts forecast that Nomura Holdings, Inc. will post 0.67 EPS for the current year.

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.