Gallacher Capital Management LLC Cuts Stock Position in Nomura Holdings, Inc. (NYSE:NMR)

Gallacher Capital Management LLC cut its holdings in Nomura Holdings, Inc. (NYSE:NMR) by 15.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,371 shares of the financial services provider’s stock after selling 10,136 shares during the quarter. Gallacher Capital Management LLC’s holdings in Nomura were worth $362,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lester Murray Antman dba SimplyRich purchased a new stake in shares of Nomura in the first quarter valued at approximately $460,000. RIA Advisory Group LLC acquired a new stake in shares of Nomura in the first quarter worth approximately $118,000. Callan Capital LLC boosted its stake in shares of Nomura by 167.3% in the first quarter. Callan Capital LLC now owns 93,119 shares of the financial services provider’s stock worth $598,000 after acquiring an additional 58,286 shares during the last quarter. Capstone Investment Advisors LLC boosted its stake in shares of Nomura by 389.7% in the first quarter. Capstone Investment Advisors LLC now owns 136,356 shares of the financial services provider’s stock worth $875,000 after acquiring an additional 108,509 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Nomura by 997.0% in the first quarter. BNP Paribas Financial Markets now owns 112,720 shares of the financial services provider’s stock worth $724,000 after acquiring an additional 102,445 shares during the last quarter. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Nomura Price Performance

Shares of NYSE:NMR traded up $0.02 during trading on Friday, reaching $6.05. The stock had a trading volume of 102,329 shares, compared to its average volume of 2,718,502. The company has a debt-to-equity ratio of 6.77, a quick ratio of 1.16 and a current ratio of 1.16. The business has a fifty day moving average price of $5.91 and a 200-day moving average price of $5.70. The stock has a market cap of $17.97 billion, a PE ratio of 16.28 and a beta of 0.59. Nomura Holdings, Inc. has a 1-year low of $3.63 and a 1-year high of $6.62.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, April 26th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $3 billion for the quarter. Nomura had a return on equity of 4.83% and a net margin of 4.78%.

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.