Vise Technologies Inc. Purchases New Shares in Nomura Holdings Inc ADR $NMR

Vise Technologies Inc. purchased a new position in Nomura Holdings Inc ADR (NYSE:NMR) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 10,638 shares of the financial services provider’s stock, valued at approximately $70,000.

A number of other hedge funds have also bought and sold shares of NMR. Envestnet Asset Management Inc. raised its stake in shares of Nomura by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 34,913 shares of the financial services provider’s stock valued at $230,000 after acquiring an additional 1,983 shares during the period. Ieq Capital LLC grew its holdings in Nomura by 10.8% during the 1st quarter. Ieq Capital LLC now owns 21,082 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 2,055 shares during the last quarter. Blue Trust Inc. grew its holdings in Nomura by 14.7% during the 2nd quarter. Blue Trust Inc. now owns 17,632 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 2,255 shares during the last quarter. Yousif Capital Management LLC raised its position in Nomura by 5.5% in the 2nd quarter. Yousif Capital Management LLC now owns 50,350 shares of the financial services provider’s stock worth $331,000 after purchasing an additional 2,605 shares during the period. Finally, Choreo LLC lifted its stake in Nomura by 7.5% in the first quarter. Choreo LLC now owns 39,731 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 2,762 shares during the last quarter. Institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

NMR has been the subject of several recent analyst reports. Zacks Research upgraded Nomura from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Nomura in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Nomura currently has a consensus rating of “Buy”.

Nomura Trading Down 0.8%

Shares of NMR opened at $6.94 on Wednesday. The firm has a market capitalization of $20.50 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 3.41 and a beta of 0.74. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.13 and a quick ratio of 1.13. Nomura Holdings Inc ADR has a 1-year low of $4.86 and a 1-year high of $7.59. The company has a 50-day moving average of $7.20 and a 200 day moving average of $6.76.

Nomura (NYSE:NMR) last issued its earnings results on Tuesday, October 28th. The financial services provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. Nomura had a net margin of 8.07% and a return on equity of 10.23%. The business had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.02 billion. On average, research analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current 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.