Nomura Holdings, Inc. (NYSE:NMR) Position Lifted by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its stake in Nomura Holdings, Inc. (NYSE:NMR) by 32.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 42,160 shares of the financial services provider’s stock after purchasing an additional 10,233 shares during the period. Smartleaf Asset Management LLC’s holdings in Nomura were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of NMR. Wealthstream Advisors Inc. increased its holdings in Nomura by 13.8% in the fourth quarter. Wealthstream Advisors Inc. now owns 15,489 shares of the financial services provider’s stock valued at $90,000 after buying an additional 1,875 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Nomura by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider’s stock worth $201,000 after acquiring an additional 2,082 shares in the last quarter. Y Intercept Hong Kong Ltd increased its holdings in shares of Nomura by 7.3% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 32,535 shares of the financial services provider’s stock valued at $188,000 after acquiring an additional 2,208 shares during the last quarter. Glenmede Trust Co. NA raised its position in shares of Nomura by 9.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider’s stock valued at $158,000 after acquiring an additional 2,657 shares in the last quarter. Finally, First Affirmative Financial Network lifted its stake in Nomura by 16.0% during the fourth quarter. First Affirmative Financial Network now owns 20,685 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 2,848 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Analysts Set New Price Targets

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

Nomura Stock Performance

Shares of NYSE NMR opened at $6.63 on Thursday. 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’s 50-day moving average price is $6.28 and its two-hundred day moving average price is $5.87. Nomura Holdings, Inc. has a 52-week low of $4.66 and a 52-week high of $6.99. The stock has a market capitalization of $19.68 billion, a P/E ratio of 9.46, a P/E/G ratio of 0.30 and a beta of 0.60.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. As a group, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share 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.