Ellevest Inc. Sells 7,730 Shares of Nomura Holdings Inc ADR $NMR

Ellevest Inc. reduced its position in shares of Nomura Holdings Inc ADR (NYSE:NMR) by 11.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 62,702 shares of the financial services provider’s stock after selling 7,730 shares during the quarter. Ellevest Inc.’s holdings in Nomura were worth $413,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NMR. NewSquare Capital LLC grew its stake in shares of Nomura by 288.5% during the 2nd quarter. NewSquare Capital LLC now owns 4,402 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 3,269 shares during the period. Hantz Financial Services Inc. raised its position in Nomura by 828.7% in the second quarter. Hantz Financial Services Inc. now owns 8,906 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 7,947 shares during the period. Abel Hall LLC bought a new position in Nomura in the first quarter worth approximately $62,000. AlTi Global Inc. bought a new stake in Nomura during the second quarter valued at about $69,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in Nomura during the 1st quarter worth approximately $71,000. 15.14% of the stock is currently owned by institutional investors.

Nomura Trading Down 0.3%

NMR opened at $6.96 on Thursday. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 8.39, a PEG ratio of 3.41 and a beta of 0.74. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.71. Nomura Holdings Inc ADR has a 12 month low of $4.86 and a 12 month high of $7.59. The stock has a fifty day moving average price of $7.21 and a 200-day moving average price of $6.65.

Nomura (NYSE:NMR) last released its quarterly earnings results on Tuesday, October 28th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05. Nomura had a return on equity of 10.23% and a net margin of 8.07%.The firm had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.02 billion. As a group, equities research analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Nomura in a research note on Friday, October 31st. Zacks Research upgraded shares of Nomura from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

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.