Nomura Holdings Inc ADR (NYSE:NMR) Stock Short Interest Report for October

Nomura Holdings Inc ADR (NYSE:NMR) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,065,527 shares, a decrease of 38.9% from the September 30th total of 1,742,567 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 710,730 shares, the short-interest ratio is presently 1.5 days.

Nomura Trading Up 1.8%

NMR stock traded up $0.17 during midday trading on Monday, hitting $9.55. 841,747 shares of the company’s stock were exchanged, compared to its average volume of 1,357,050. The business has a 50-day simple moving average of $9.84 and a two-hundred day simple moving average of $9.02. Nomura has a 1-year low of $6.88 and a 1-year high of $10.94. The company has a current ratio of 1.07, a quick ratio of 2.00 and a debt-to-equity ratio of 7.79. The stock has a market capitalization of $28.02 billion, a PE ratio of 11.11, a P/E/G ratio of 1.03 and a beta of 0.74.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Thursday, October 29th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Nomura had a net margin of 8.06% and a return on equity of 10.51%. The business had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $4.12 billion. On average, sell-side analysts predict that Nomura will post 1.00 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on NMR shares. Weiss Ratings lowered Nomura from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 23rd. Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen lowered Nomura from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Nomura has a consensus rating of “Buy” and a consensus price target of $10.20.

Hedge Funds Weigh In On Nomura

A number of institutional investors and hedge funds have recently made changes to their positions in NMR. Renaissance Technologies LLC increased its holdings in Nomura by 27.0% in the first quarter. Renaissance Technologies LLC now owns 2,312,237 shares of the financial services provider’s stock valued at $18,244,000 after buying an additional 491,400 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Nomura by 18.4% during the first quarter. Quantinno Capital Management LP now owns 2,547,208 shares of the financial services provider’s stock worth $20,097,000 after acquiring an additional 395,656 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Nomura by 236.2% in the first quarter. Sequoia Financial Advisors LLC now owns 166,873 shares of the financial services provider’s stock valued at $1,317,000 after buying an additional 117,233 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of Nomura by 227.7% during the 2nd quarter. Vise Technologies Inc. now owns 153,947 shares of the financial services provider’s stock worth $1,352,000 after purchasing an additional 106,974 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Nomura during the 2nd quarter valued at approximately $836,000. 15.14% of the stock is owned by institutional investors and hedge funds.

About Nomura

Nomura Holdings, Inc is a Japan-based financial services group that provides investment, financing, and asset management services to individuals, corporations, financial institutions, and governments. Through its businesses, the company offers securities brokerage, investment banking, capital markets, research, advisory services, wealth management, and investment management.

Nomura’s principal operations are organized around its wealth management, investment management, and wholesale divisions.