PDS Planning Inc Increases Stock Position in Nomura Holdings Inc ADR (NYSE:NMR)

PDS Planning Inc grew its holdings in shares of Nomura Holdings Inc ADR (NYSE:NMR) by 11.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,391 shares of the financial services provider’s stock after buying an additional 3,888 shares during the period. PDS Planning Inc’s holdings in Nomura were worth $242,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NMR. Donald Smith & CO. Inc. lifted its position in Nomura by 44.0% during the 4th quarter. Donald Smith & CO. Inc. now owns 9,318,383 shares of the financial services provider’s stock valued at $53,953,000 after acquiring an additional 2,846,601 shares during the period. Northern Trust Corp increased its stake in shares of Nomura by 86.7% during the fourth quarter. Northern Trust Corp now owns 2,241,316 shares of the financial services provider’s stock valued at $12,977,000 after purchasing an additional 1,041,022 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Nomura by 68.8% during the fourth quarter. Millennium Management LLC now owns 974,917 shares of the financial services provider’s stock valued at $5,645,000 after purchasing an additional 397,415 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Nomura by 178.6% in the 4th quarter. Marshall Wace LLP now owns 615,924 shares of the financial services provider’s stock worth $3,566,000 after purchasing an additional 394,866 shares in the last quarter. Finally, Summit Global Investments bought a new stake in shares of Nomura in the 4th quarter worth approximately $1,428,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Nomura from a “buy” rating to a “hold” rating in a research note on Monday, April 28th.

Nomura Price Performance

NMR opened at $6.61 on Friday. The stock has a 50-day moving average price of $5.96 and a 200-day moving average price of $6.06. The company has a debt-to-equity ratio of 6.91, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market cap of $19.62 billion, a PE ratio of 9.05, a P/E/G ratio of 6.25 and a beta of 0.78. Nomura Holdings Inc ADR has a 1 year low of $4.66 and a 1 year high of $6.99.

Nomura (NYSE:NMR) last released its quarterly earnings data on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $451.20 billion. Nomura had a net margin of 7.21% and a return on equity of 9.59%. Sell-side analysts predict that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

About Nomura

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.