Nomura Holdings Inc ADR (NYSE:NMR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Thursday.

According to Zacks, “NOMURA HLDG-ADR is a leading financial services group in Japan and has worldwide operations, providing a wide range of value-added financial services and competitive products. These include brokerage, trading, underwriting, M&A financial advisory services, merchant banking, and development and management of investment trusts and investment advisory services to diversified clients such as individuals, corporations, financial institutions, governments and governmental agencies. “

A number of other research analysts also recently issued reports on the stock. ValuEngine downgraded shares of Nomura Holdings Inc ADR from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. TheStreet upgraded shares of Nomura Holdings Inc ADR from a “d+” rating to a “c” rating in a research report on Wednesday, May 24th. Finally, BidaskClub downgraded shares of Nomura Holdings Inc ADR from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Nomura Holdings Inc ADR currently has a consensus rating of “Hold” and an average target price of $6.25.

Nomura Holdings Inc ADR (NYSE NMR) traded up 1.65% during trading on Thursday, reaching $5.56. 126,826 shares of the company’s stock traded hands. The company has a market capitalization of $19.72 billion, a price-to-earnings ratio of 8.80 and a beta of 1.59. Nomura Holdings Inc ADR has a 12 month low of $4.29 and a 12 month high of $6.80. The firm’s 50 day moving average is $5.67 and its 200-day moving average is $6.05.

Nomura Holdings Inc ADR (NYSE:NMR) last issued its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.01). The company had revenue of $4.21 billion for the quarter. Nomura Holdings Inc ADR had a return on equity of 8.69% and a net margin of 15.47%. Analysts expect that Nomura Holdings Inc ADR will post $0.47 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in NMR. Stevens Capital Management LP acquired a new position in Nomura Holdings Inc ADR during the 2nd quarter valued at about $100,000. Sei Investments Co. increased its stake in shares of Nomura Holdings Inc ADR by 3.1% in the 1st quarter. Sei Investments Co. now owns 20,874 shares of the financial services provider’s stock valued at $131,000 after acquiring an additional 619 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Nomura Holdings Inc ADR in the 2nd quarter valued at about $131,000. CIBC World Markets Inc. increased its stake in shares of Nomura Holdings Inc ADR by 12.9% in the 1st quarter. CIBC World Markets Inc. now owns 25,368 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 2,892 shares during the last quarter. Finally, Ballentine Partners LLC increased its stake in shares of Nomura Holdings Inc ADR by 87.3% in the 1st quarter. Ballentine Partners LLC now owns 26,135 shares of the financial services provider’s stock valued at $164,000 after acquiring an additional 12,182 shares during the last quarter. Institutional investors own 0.55% of the company’s stock.

Nomura Holdings Inc ADR 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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