Bleakley Financial Group LLC Takes $110,000 Position in Nomura Holdings, Inc. (NYSE:NMR)

Bleakley Financial Group LLC bought a new position in shares of Nomura Holdings, Inc. (NYSE:NMR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 24,402 shares of the financial services provider’s stock, valued at approximately $110,000.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in Nomura by 1,355.2% in the second quarter. Jane Street Group LLC now owns 1,958,626 shares of the financial services provider’s stock valued at $7,012,000 after buying an additional 1,824,030 shares in the last quarter. Morgan Stanley boosted its holdings in Nomura by 24.5% in the fourth quarter. Morgan Stanley now owns 7,521,760 shares of the financial services provider’s stock valued at $28,207,000 after acquiring an additional 1,480,364 shares during the last quarter. BlackRock Inc. raised its holdings in Nomura by 18.5% during the 1st quarter. BlackRock Inc. now owns 3,837,690 shares of the financial services provider’s stock worth $14,583,000 after purchasing an additional 599,278 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Nomura by 167.6% in the second quarter. Renaissance Technologies LLC now owns 931,190 shares of the financial services provider’s stock valued at $3,566,000 after buying an additional 583,200 shares during the period. Finally, Qube Research & Technologies Ltd bought a new stake in Nomura in the third quarter worth approximately $2,273,000. 15.14% of the stock is owned by institutional investors.

Nomura Price Performance

Shares of NYSE NMR opened at $5.92 on Wednesday. The stock has a market cap of $17.78 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 0.40 and a beta of 0.67. The company has a debt-to-equity ratio of 6.65, a quick ratio of 1.10 and a current ratio of 1.10. Nomura Holdings, Inc. has a fifty-two week low of $3.38 and a fifty-two week high of $6.62. The firm’s 50-day simple moving average is $5.99 and its 200 day simple moving average is $4.94.

Nomura (NYSE:NMR) last posted its earnings results on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $7.32 billion during the quarter. Nomura had a net margin of 3.49% and a return on equity of 3.44%. During the same quarter in the previous year, the company earned $0.15 EPS. As a group, research analysts anticipate that Nomura Holdings, Inc. will post 0.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Bank of America raised shares of Nomura from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.