Fisher Asset Management LLC Purchases 3,221,008 Shares of Nomura Holdings Inc ADR $NMR

Fisher Asset Management LLC raised its stake in Nomura Holdings Inc ADR (NYSE:NMR) by 32.4% in the fourth quarter, Holdings Channel reports. The fund owned 13,151,514 shares of the financial services provider’s stock after purchasing an additional 3,221,008 shares during the quarter. Fisher Asset Management LLC’s holdings in Nomura were worth $110,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Nomura by 6.7% in the first 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 last quarter. Orion Porfolio Solutions LLC raised its holdings in Nomura by 4,944.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider’s stock valued at $16,272,000 after buying an additional 2,423,873 shares during the last quarter. Ethic Inc. raised its holdings in Nomura by 6.1% in the 4th quarter. Ethic Inc. now owns 1,098,345 shares of the financial services provider’s stock valued at $9,215,000 after buying an additional 63,506 shares during the last quarter. Millennium Management LLC raised its holdings in Nomura by 27.3% in the 3rd quarter. Millennium Management LLC now owns 934,345 shares of the financial services provider’s stock valued at $6,793,000 after buying an additional 200,364 shares during the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Nomura by 49.8% in the 2nd quarter. Quantinno Capital Management LP now owns 779,036 shares of the financial services provider’s stock valued at $5,126,000 after buying an additional 259,158 shares during the last quarter. Institutional investors own 15.14% of the company’s stock.

Nomura Stock Down 0.1%

Nomura stock opened at $8.11 on Tuesday. The company has a debt-to-equity ratio of 7.38, a quick ratio of 1.13 and a current ratio of 1.08. Nomura Holdings Inc ADR has a 52-week low of $5.87 and a 52-week high of $9.58. The firm has a 50 day moving average price of $8.03 and a two-hundred day moving average price of $8.25. The firm has a market cap of $23.78 billion, a price-to-earnings ratio of 10.13, a PEG ratio of 1.94 and a beta of 0.71.

Nomura (NYSE:NMR) last released its quarterly earnings results on Friday, April 24th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.05). Nomura had a return on equity of 9.70% and a net margin of 7.64%.The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.43 billion. Equities analysts predict that Nomura Holdings Inc ADR will post 0.79 EPS for the current year.

Analyst Ratings Changes

NMR has been the subject of a number of research reports. Weiss Ratings lowered shares of Nomura from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. JPMorgan Chase & Co. upgraded shares of Nomura from a “neutral” rating to an “overweight” rating in a report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Nomura Profile

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.