Nomura Holdings Inc. (NMR) Given Consensus Recommendation of “Hold” by Analysts
Nomura Holdings Inc. (NYSE:NMR) has been given a consensus rating of “Hold” by the ten brokerages that are presently covering the stock. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $5.00.
Several analysts have commented on NMR shares. Daiwa Capital Markets downgraded shares of Nomura Holdings from an “outperform” rating to a “neutral” rating in a research report on Monday, June 27th. Zacks Investment Research cut shares of Nomura Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 24th. Jefferies Group upgraded shares of Nomura Holdings from an “underperform” rating to a “hold” rating in a research note on Thursday, September 1st. JPMorgan Chase & Co. started coverage on shares of Nomura Holdings in a research note on Friday, July 29th. They issued a “neutral” rating for the company. Finally, Morgan Stanley cut shares of Nomura Holdings from an “overweight” rating to an “equal” rating in a research note on Friday, July 8th.
Nomura Holdings (NYSE:NMR) traded down 2.48% on Thursday, hitting $4.33. 212,886 shares of the stock traded hands. The firm has a market cap of $15.53 billion, a price-to-earnings ratio of 15.19 and a beta of 1.83. Nomura Holdings has a 12-month low of $3.33 and a 12-month high of $6.63. The stock has a 50-day moving average of $4.56 and a 200-day moving average of $4.26.
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Nomura Holdings (NYSE:NMR) last posted its earnings results on Thursday, July 28th. The company reported $12.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $5.80 by $6.91. The company earned $418.41 billion during the quarter, compared to the consensus estimate of $300.50 billion. Nomura Holdings had a net margin of 7.05% and a return on equity of 4.01%. The company’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $19.11 earnings per share. Analysts forecast that Nomura Holdings will post $0.24 earnings per share for the current year.
A number of institutional investors have recently added to or reduced their stakes in NMR. Capstone Asset Management Co. boosted its position in Nomura Holdings by 1.0% in the third quarter. Capstone Asset Management Co. now owns 331,382 shares of the company’s stock valued at $1,475,000 after buying an additional 3,390 shares during the last quarter. Royal Bank of Canada boosted its position in Nomura Holdings by 44.5% in the second quarter. Royal Bank of Canada now owns 107,891 shares of the company’s stock valued at $379,000 after buying an additional 33,228 shares during the last quarter. Stifel Financial Corp boosted its position in Nomura Holdings by 0.3% in the second quarter. Stifel Financial Corp now owns 56,750 shares of the company’s stock valued at $199,000 after buying an additional 180 shares during the last quarter. Jane Street Group LLC boosted its position in Nomura Holdings by 8,608.3% in the second quarter. Jane Street Group LLC now owns 1,089,846 shares of the company’s stock valued at $3,825,000 after buying an additional 1,077,331 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in Nomura Holdings by 155.6% in the second quarter. Citadel Advisors LLC now owns 56,115 shares of the company’s stock valued at $197,000 after buying an additional 34,158 shares during the last quarter. Hedge funds and other institutional investors own 0.53% of the company’s stock.
Nomura Holdings Company Profile
Nomura Holdings, Inc (Nomura) is a financial services company. The Company, through its broker-dealer, banking and other financial services subsidiaries, provide investment, financing and related services to individual, institutional and government clients across the world. The Company’s segments include Retail, Asset Management and Wholesale.
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