Nomura (NYSE:NMR) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research cut shares of Nomura from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.25.

Shares of Nomura (NYSE NMR) traded up $0.20 during mid-day trading on Friday, reaching $6.33. 439,875 shares of the company’s stock were exchanged, compared to its average volume of 272,375. Nomura has a twelve month low of $5.28 and a twelve month high of $6.80. The stock has a market capitalization of $20,549.97, a PE ratio of 10.55 and a beta of 1.67. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.60.

Large investors have recently modified their holdings of the stock. Stevens Capital Management LP bought a new position in shares of Nomura during the second quarter worth $100,000. CIBC World Markets Inc. lifted its position in Nomura by 4.6% during the second quarter. CIBC World Markets Inc. now owns 26,527 shares of the financial services provider’s stock valued at $160,000 after purchasing an additional 1,159 shares during the last quarter. Conning Inc. lifted its position in Nomura by 59.2% during the third quarter. Conning Inc. now owns 28,450 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 10,575 shares during the last quarter. Sei Investments Co. lifted its position in Nomura by 39.0% during the second quarter. Sei Investments Co. now owns 29,019 shares of the financial services provider’s stock valued at $175,000 after purchasing an additional 8,145 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in Nomura during the second quarter valued at $233,000. Hedge funds and other institutional investors own 0.57% of the company’s stock.

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Nomura 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.