First Affirmative Financial Network Has $120,000 Position in Nomura Holdings, Inc. (NYSE:NMR)

First Affirmative Financial Network increased its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 16.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,685 shares of the financial services provider’s stock after buying an additional 2,848 shares during the period. First Affirmative Financial Network’s holdings in Nomura were worth $120,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in NMR. Donald Smith & CO. Inc. acquired a new position in shares of Nomura during the third quarter worth $33,783,000. Fisher Asset Management LLC lifted its holdings in Nomura by 20.2% during the 3rd quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock worth $53,138,000 after buying an additional 1,713,275 shares during the period. Millennium Management LLC bought a new stake in shares of Nomura in the 2nd quarter valued at about $4,608,000. Maverick Capital Ltd. acquired a new stake in shares of Nomura in the third quarter valued at about $1,219,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Nomura by 98.7% during the second quarter. Envestnet Asset Management Inc. now owns 427,944 shares of the financial services provider’s stock worth $2,474,000 after acquiring an additional 212,599 shares during the last quarter. 15.14% of the stock is owned by institutional investors.

Nomura Stock Performance

NMR stock opened at $6.46 on Friday. Nomura Holdings, Inc. has a 1-year low of $4.66 and a 1-year high of $6.62. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19. The stock has a 50-day moving average price of $5.95 and a 200-day moving average price of $5.70. The firm has a market cap of $19.18 billion, a PE ratio of 10.94, a price-to-earnings-growth ratio of 0.42 and a beta of 0.65.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. The firm had revenue of $8.34 billion for the quarter. Nomura had a return on equity of 7.93% and a net margin of 6.91%. During the same period last year, the firm posted $0.08 earnings per share. As a group, equities research analysts expect that Nomura Holdings, Inc. will post 0.67 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on NMR. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Bank of America started coverage on shares of Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating for the company.

Nomura Company 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.