ABC Arbitrage SA Acquires Shares of 216,646 Nomura Holdings, Inc. (NYSE:NMR)

ABC Arbitrage SA acquired a new stake in shares of Nomura Holdings, Inc. (NYSE:NMR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 216,646 shares of the financial services provider’s stock, valued at approximately $1,254,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NMR. Wilmington Savings Fund Society FSB purchased a new position in Nomura during the third quarter valued at $25,000. R Squared Ltd purchased a new position in Nomura during the fourth quarter valued at $26,000. Catalytic Wealth RIA LLC purchased a new position in Nomura during the third quarter valued at $59,000. Adero Partners LLC purchased a new position in Nomura during the fourth quarter valued at $59,000. Finally, Savant Capital LLC purchased a new position in Nomura during the fourth quarter valued at $59,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating on the stock. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

Nomura Stock Performance

NYSE:NMR opened at $6.77 on Friday. The company’s 50-day moving average price is $6.09 and its 200-day moving average price is $5.75. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The company has a market cap of $20.10 billion, a P/E ratio of 9.66, a P/E/G ratio of 0.31 and a beta of 0.66. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.99.

Nomura (NYSE:NMR) last released its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

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.