Nomura Holdings Inc (NMR) Given Consensus Rating of “Hold” by Brokerages

Shares of Nomura Holdings Inc (NYSE:NMR) have been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

A number of research analysts recently weighed in on NMR shares. Zacks Investment Research raised Nomura from a “hold” rating to a “buy” rating and set a $6.00 price objective on the stock in a research note on Friday, September 8th. JPMorgan Chase & Co. raised Nomura from a “neutral” rating to an “overweight” rating in a research report on Friday.

Shares of Nomura (NMR) traded up $0.20 during mid-day trading on Friday, hitting $6.33. The company had a trading volume of 439,875 shares, compared to its average volume of 272,375. The company has a debt-to-equity ratio of 5.60, a current ratio of 1.00 and a quick ratio of 1.00. Nomura has a 1-year low of $5.28 and a 1-year high of $6.80. The company has a market cap of $20,549.97, a P/E ratio of 10.55 and a beta of 1.67.

Hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its position in Nomura by 5.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,085,051 shares of the financial services provider’s stock worth $6,554,000 after buying an additional 53,481 shares during the period. Virtu KCG Holdings LLC increased its position in Nomura by 253.7% in the 2nd quarter. Virtu KCG Holdings LLC now owns 40,017 shares of the financial services provider’s stock worth $242,000 after buying an additional 28,703 shares during the period. AJO LP increased its position in Nomura by 780.1% in the 2nd quarter. AJO LP now owns 472,870 shares of the financial services provider’s stock worth $2,856,000 after buying an additional 419,138 shares during the period. Fisher Asset Management LLC increased its position in Nomura by 31.7% in the 3rd quarter. Fisher Asset Management LLC now owns 4,319,740 shares of the financial services provider’s stock worth $24,061,000 after buying an additional 1,040,841 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in Nomura in the 3rd quarter worth approximately $2,090,000. 0.57% of the stock is currently owned by institutional investors.

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About Nomura

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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