Gallacher Capital Management LLC Grows Stake in Nomura Holdings, Inc. (NYSE:NMR)

Gallacher Capital Management LLC grew its holdings in Nomura Holdings, Inc. (NYSE:NMR) by 3.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 71,982 shares of the financial services provider’s stock after buying an additional 2,622 shares during the quarter. Gallacher Capital Management LLC’s holdings in Nomura were worth $417,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in shares of Nomura in the 3rd quarter valued at approximately $25,000. R Squared Ltd purchased a new position in shares of Nomura in the 4th quarter valued at approximately $26,000. Adero Partners LLC purchased a new position in shares of Nomura in the 4th quarter valued at approximately $59,000. Savant Capital LLC purchased a new position in shares of Nomura in the 4th quarter valued at approximately $59,000. Finally, Canopy Partners LLC purchased a new position in shares of Nomura in the 3rd quarter valued at approximately $82,000. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Nomura Stock Up 3.3 %

NMR stock opened at $6.40 on Friday. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.99. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52. The firm has a market cap of $19.00 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.30 and a beta of 0.60. The business has a 50 day moving average of $6.35 and a 200 day moving average of $5.89.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, research analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

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.