81,210 Shares in Nomura Holdings Inc ADR $NMR Purchased by SG Trading Solutions LLC

SG Trading Solutions LLC acquired a new position in shares of Nomura Holdings Inc ADR (NYSE:NMR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 81,210 shares of the financial services provider’s stock, valued at approximately $681,000.

A number of other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its position in shares of Nomura by 2.8% in the fourth quarter. Franklin Resources Inc. now owns 42,647 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 1,148 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Nomura by 5.6% during the fourth quarter. Parallel Advisors LLC now owns 22,208 shares of the financial services provider’s stock valued at $186,000 after acquiring an additional 1,176 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of Nomura by 6.1% in the 4th quarter. Valeo Financial Advisors LLC now owns 21,392 shares of the financial services provider’s stock valued at $179,000 after acquiring an additional 1,231 shares in the last quarter. Allworth Financial LP lifted its position in shares of Nomura by 90.7% in the 4th quarter. Allworth Financial LP now owns 3,042 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 1,447 shares in the last quarter. Finally, Flputnam Investment Management Co. boosted its stake in Nomura by 11.4% in the 4th quarter. Flputnam Investment Management Co. now owns 15,049 shares of the financial services provider’s stock worth $126,000 after purchasing an additional 1,545 shares during the period. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Price Performance

NYSE NMR opened at $8.98 on Friday. The company has a 50 day simple moving average of $8.29 and a 200-day simple moving average of $8.41. The company has a debt-to-equity ratio of 7.38, a current ratio of 1.08 and a quick ratio of 1.13. The firm has a market capitalization of $26.35 billion, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of 5.40 and a beta of 0.70. Nomura Holdings Inc ADR has a 52-week low of $6.02 and a 52-week high of $9.58.

Nomura (NYSE:NMR) last posted its quarterly earnings results on Friday, April 24th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.43 billion. Nomura had a return on equity of 9.70% and a net margin of 7.64%. Equities research analysts predict that Nomura Holdings Inc ADR will post 0.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Weiss Ratings cut shares of Nomura from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. upgraded Nomura from a “neutral” rating to an “overweight” rating in a report on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

About Nomura

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.