Savant Capital LLC Acquires 11,730 Shares of Nomura Holdings Inc ADR $NMR

Savant Capital LLC grew its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 97.1% during the 2nd quarter, Holdings Channel reports. The fund owned 23,810 shares of the financial services provider’s stock after buying an additional 11,730 shares during the period. Savant Capital LLC’s holdings in Nomura were worth $157,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Nomura in a report on Friday, October 31st. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One investment 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, Nomura currently has an average rating of “Buy”.

Nomura Stock Up 0.1%

NYSE NMR opened at $7.00 on Friday. Nomura Holdings Inc ADR has a 12 month low of $4.86 and a 12 month high of $7.59. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.71. The stock has a market cap of $20.68 billion, a PE ratio of 8.43, a P/E/G ratio of 3.41 and a beta of 0.74. The stock’s 50 day moving average is $7.18 and its 200 day moving average is $6.76.

Nomura (NYSE:NMR) last released its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. Nomura had a net margin of 8.07% and a return on equity of 10.23%. The firm had revenue of $3.37 billion for the quarter, compared to analysts’ expectations of $3.02 billion. Research analysts predict 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.