Donald Smith & CO. Inc. Raises Stock Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Donald Smith & CO. Inc. raised its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 44.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,318,383 shares of the financial services provider’s stock after purchasing an additional 2,846,601 shares during the quarter. Donald Smith & CO. Inc. owned 0.31% of Nomura worth $53,953,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in Nomura in the third quarter valued at approximately $25,000. R Squared Ltd acquired a new stake in Nomura during the 4th quarter valued at approximately $26,000. Adero Partners LLC purchased a new stake in shares of Nomura in the 4th quarter valued at $59,000. Savant Capital LLC acquired a new stake in shares of Nomura in the fourth quarter worth $59,000. Finally, Cannell & Spears LLC acquired a new stake in shares of Nomura in the fourth quarter worth $73,000. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Stock Up 1.1 %

Nomura stock opened at $6.17 on Thursday. The business’s 50-day moving average price is $6.51 and its 200 day moving average price is $5.97. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52. The firm has a market cap of $18.33 billion, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 0.30 and a beta of 0.65. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99.

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