Nomura Holdings Inc ADR (NYSE:NMR) Short Interest Update

Nomura Holdings Inc ADR (NYSE:NMR) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,544,605 shares, a decline of 15.6% from the December 31st total of 1,830,198 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,123,772 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 1,123,772 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.1% of the company’s shares are sold short.

Nomura Trading Up 0.2%

Shares of NYSE NMR traded up $0.02 during trading on Tuesday, reaching $8.64. The stock had a trading volume of 1,285,233 shares, compared to its average volume of 1,320,971. The company has a debt-to-equity ratio of 7.54, a quick ratio of 1.13 and a current ratio of 1.12. The company has a market cap of $25.33 billion, a P/E ratio of 10.93, a PEG ratio of 2.03 and a beta of 0.68. Nomura has a fifty-two week low of $4.86 and a fifty-two week high of $9.47. The business’s 50-day moving average price is $8.51 and its 200-day moving average price is $7.62.

Nomura (NYSE:NMR) last announced its earnings results on Friday, January 30th. The financial services provider reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). The firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.25 billion. Nomura had a net margin of 7.81% and a return on equity of 9.88%. On average, equities research analysts predict that Nomura will post 0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on NMR shares. Zacks Research raised shares of Nomura from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nomura in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Institutional Trading of Nomura

Several hedge funds have recently modified their holdings of NMR. Callan Family Office LLC boosted its position in shares of Nomura by 152.4% during the 2nd quarter. Callan Family Office LLC now owns 129,895 shares of the financial services provider’s stock worth $855,000 after acquiring an additional 78,438 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of Nomura by 973.2% during the 2nd quarter. Coldstream Capital Management Inc. now owns 74,327 shares of the financial services provider’s stock worth $489,000 after buying an additional 67,401 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of Nomura in the 2nd quarter valued at $259,000. HB Wealth Management LLC purchased a new position in shares of Nomura in the 2nd quarter valued at $105,000. Finally, Carrera Capital Advisors lifted its position in Nomura by 109.1% in the second quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider’s stock valued at $4,808,000 after acquiring an additional 381,235 shares during the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

About Nomura

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.