SYM FINANCIAL Corp Invests $89,000 in Nomura Holdings, Inc. (NYSE:NMR)

SYM FINANCIAL Corp bought a new position in shares of Nomura Holdings, Inc. (NYSE:NMR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,366 shares of the financial services provider’s stock, valued at approximately $89,000.

Several other hedge funds have also modified their holdings of the stock. Fisher Asset Management LLC lifted its stake in Nomura by 20.2% in 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 acquiring an additional 1,713,275 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in shares of Nomura in the third quarter worth approximately $33,783,000. FMR LLC grew its position in Nomura by 9.2% during the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock valued at $7,110,000 after purchasing an additional 114,676 shares in the last quarter. Millennium Management LLC purchased a new position in Nomura during the second quarter valued at approximately $4,608,000. Finally, Praetorian PR LLC lifted its position in Nomura by 53.3% in the 3rd quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after buying an additional 200,000 shares in the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Price Performance

Shares of NYSE:NMR opened at $6.49 on Monday. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.11. The business has a 50-day moving average of $5.97 and a two-hundred day moving average of $5.70. The stock has a market capitalization of $19.27 billion, a P/E ratio of 10.99, a P/E/G ratio of 0.42 and a beta of 0.65. Nomura Holdings, Inc. has a fifty-two week low of $4.66 and a fifty-two week high of $6.62.

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. Nomura had a return on equity of 7.93% and a net margin of 6.91%. The firm had revenue of $8.34 billion for the quarter. During the same quarter in the prior year, the firm earned $0.08 earnings per share. On average, equities research analysts predict that Nomura Holdings, Inc. will post 0.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

About Nomura

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.