Shares of Nomura Holdings Inc (NYSE:NMR) have earned a consensus rating of “Sell” from the six research firms that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating and one has given a hold rating to the company.
Several research firms recently weighed in on NMR. Citigroup downgraded shares of Nomura from a “neutral” rating to a “sell” rating in a report on Thursday, May 16th. Zacks Investment Research cut Nomura from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 27th. Finally, JPMorgan Chase & Co. initiated coverage on Nomura in a research note on Thursday, February 28th. They issued an “underweight” rating for the company.
Hedge funds and other institutional investors have recently modified their holdings of the stock. D. E. Shaw & Co. Inc. raised its stake in shares of Nomura by 12.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,085,946 shares of the financial services provider’s stock valued at $4,039,000 after purchasing an additional 119,471 shares in the last quarter. Two Sigma Advisers LP acquired a new position in shares of Nomura in the fourth quarter valued at $59,000. CAPROCK Group Inc. raised its stake in shares of Nomura by 121.8% in the first quarter. CAPROCK Group Inc. now owns 37,982 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 20,859 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Nomura by 75.2% in the first quarter. Quadrant Capital Group LLC now owns 121,332 shares of the financial services provider’s stock valued at $426,000 after purchasing an additional 52,097 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Nomura by 28.0% during the third quarter. Bank of New York Mellon Corp now owns 86,564 shares of the financial services provider’s stock worth $413,000 after acquiring an additional 18,961 shares in the last quarter. Institutional investors and hedge funds own 0.79% of the company’s stock.
NYSE:NMR traded up $0.01 during mid-day trading on Thursday, hitting $3.20. 36,804 shares of the company’s stock traded hands, compared to its average volume of 445,022. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 6.02. Nomura has a 1 year low of $3.15 and a 1 year high of $5.48. The company has a market capitalization of $10.79 billion, a P/E ratio of -11.85 and a beta of 1.40.
Nomura (NYSE:NMR) last posted its earnings results on Thursday, April 25th. The financial services provider reported $0.07 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.07. Nomura had a negative net margin of 6.03% and a negative return on equity of 3.56%. The firm had revenue of $2.74 billion during the quarter. On average, equities research analysts predict that Nomura will post 0.37 earnings per share for the current year.
Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.
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