AlphaCore Capital LLC Raises Holdings in Nomura Holdings Inc ADR $NMR

AlphaCore Capital LLC lifted its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 511.7% in the 3rd quarter, Holdings Channel reports. The firm owned 144,264 shares of the financial services provider’s stock after acquiring an additional 120,680 shares during the period. AlphaCore Capital LLC’s holdings in Nomura were worth $1,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. NewSquare Capital LLC increased its holdings in Nomura by 288.5% in the 2nd quarter. NewSquare Capital LLC now owns 4,402 shares of the financial services provider’s stock worth $29,000 after buying an additional 3,269 shares in the last quarter. MAI Capital Management lifted its stake in Nomura by 1,562.0% during the 2nd quarter. MAI Capital Management now owns 6,000 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 5,639 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Nomura by 1,019.0% during the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 5,859 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Nomura by 196.5% in the third quarter. Global Retirement Partners LLC now owns 6,588 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 4,366 shares during the period. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Nomura by 467.2% during the third quarter. Parkside Financial Bank & Trust now owns 7,442 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 6,130 shares during the last quarter. 15.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Nomura in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy”.

Nomura Price Performance

NYSE NMR opened at $9.01 on Friday. The company has a 50-day moving average price of $8.97 and a 200-day moving average price of $7.92. Nomura Holdings Inc ADR has a 52 week low of $4.86 and a 52 week high of $9.58. The company has a quick ratio of 1.13, a current ratio of 1.12 and a debt-to-equity ratio of 7.54. The firm has a market capitalization of $26.42 billion, a P/E ratio of 11.40, a PEG ratio of 2.16 and a beta of 0.68.

Nomura (NYSE:NMR) last announced its earnings results on Friday, January 30th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.06). Nomura had a net margin of 7.81% and a return on equity of 9.88%. The business had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.25 billion. Equities research analysts anticipate that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Nomura Company Profile

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.