Checchi Capital Advisers LLC Acquires Shares of 10,759 Nomura Holdings Inc ADR $NMR

Checchi Capital Advisers LLC acquired a new stake in Nomura Holdings Inc ADR (NYSE:NMR) in the second quarter, Holdings Channel reports. The fund acquired 10,759 shares of the financial services provider’s stock, valued at approximately $71,000.

A number of other institutional investors have also recently bought and sold shares of NMR. Donald Smith & CO. Inc. boosted its holdings in Nomura by 11.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider’s stock valued at $64,037,000 after purchasing an additional 1,094,218 shares during the period. Carrera Capital Advisors acquired a new position in shares of Nomura in the 1st quarter valued at approximately $2,149,000. Goldman Sachs Group Inc. lifted its holdings in shares of Nomura by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider’s stock worth $28,400,000 after acquiring an additional 289,984 shares during the period. New York State Common Retirement Fund acquired a new stake in shares of Nomura during the 1st quarter worth approximately $1,434,000. Finally, GAMMA Investing LLC increased its stake in Nomura by 781.7% in the first quarter. GAMMA Investing LLC now owns 110,214 shares of the financial services provider’s stock valued at $678,000 after acquiring an additional 97,714 shares during the last quarter. Institutional investors own 15.14% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on NMR. Zacks Research upgraded Nomura from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Nomura in a report on Saturday, September 27th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Nomura Stock Performance

NYSE NMR opened at $7.12 on Wednesday. The firm’s fifty day moving average price is $7.24 and its two-hundred day moving average price is $6.45. The stock has a market cap of $21.03 billion, a PE ratio of 8.57, a PEG ratio of 3.55 and a beta of 0.74. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13. Nomura Holdings Inc ADR has a fifty-two week low of $4.86 and a fifty-two week high of $7.59.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Nomura had a net margin of 8.06% and a return on equity of 10.58%. The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.04 billion. On average, equities analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current fiscal year.

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.