Nomura (NYSE:NMR) Sees Large Volume Increase

Nomura Holdings, Inc. (NYSE:NMR) saw strong trading volume on Thursday . 72,148 shares traded hands during trading, a decline of 91% from the previous session’s volume of 816,450 shares.The stock last traded at $4.71 and had previously closed at $4.68.

A number of analysts have commented on the company. JPMorgan Chase & Co. upgraded Nomura from an “underweight” rating to a “neutral” rating in a research report on Monday, November 1st. Zacks Investment Research upgraded Nomura from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 28th. Finally, Citigroup downgraded Nomura from a “neutral” rating to a “sell” rating in a research report on Thursday, November 11th. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $6.00.

The company has a debt-to-equity ratio of 6.55, a current ratio of 1.12 and a quick ratio of 1.12. The company has a 50-day moving average price of $4.40 and a 200-day moving average price of $4.76.

Nomura (NYSE:NMR) last issued its quarterly earnings data on Friday, October 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.18). Nomura had a negative net margin of 0.38% and a negative return on equity of 0.20%. The company had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.21 billion. As a group, sell-side analysts anticipate that Nomura Holdings, Inc. will post 0.71 EPS for the current fiscal year.

Several large investors have recently modified their holdings of NMR. Bank of Montreal Can increased its stake in Nomura by 9.0% in the second quarter. Bank of Montreal Can now owns 27,017 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 2,234 shares during the last quarter. CAPROCK Group Inc. increased its stake in Nomura by 8.2% in the third quarter. CAPROCK Group Inc. now owns 32,066 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 2,423 shares during the last quarter. Evergreen Capital Management LLC increased its stake in Nomura by 21.6% in the third quarter. Evergreen Capital Management LLC now owns 13,897 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 2,465 shares during the last quarter. Boston Private Wealth LLC increased its stake in Nomura by 2.1% in the third quarter. Boston Private Wealth LLC now owns 125,118 shares of the financial services provider’s stock valued at $618,000 after purchasing an additional 2,630 shares during the last quarter. Finally, Intersect Capital LLC increased its stake in Nomura by 14.5% in the third quarter. Intersect Capital LLC now owns 23,352 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 2,951 shares during the last quarter. Institutional investors and hedge funds own 0.89% of the company’s stock.

Nomura Company Profile (NYSE:NMR)

Nomura Holdings, Inc operates as a holding company which provides the investment and financial services. It operates through the following segments: Retail, Asset Management, Wholesale and Merchant Banking. The Retail segment includes investment consultation services, distribution of trust certificates, and management of insurance agencies.

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