Adero Partners LLC Makes New Investment in Nomura Holdings, Inc. (NYSE:NMR)

Adero Partners LLC purchased a new position in shares of Nomura Holdings, Inc. (NYSE:NMR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,158 shares of the financial services provider’s stock, valued at approximately $59,000.

A number of other large investors also recently made changes to their positions in the business. Greenleaf Trust lifted its stake in shares of Nomura by 21.2% during the 4th quarter. Greenleaf Trust now owns 20,289 shares of the financial services provider’s stock worth $117,000 after purchasing an additional 3,546 shares during the period. SYM FINANCIAL Corp purchased a new position in shares of Nomura during the 4th quarter worth $89,000. First Affirmative Financial Network lifted its stake in shares of Nomura by 16.0% during the 4th quarter. First Affirmative Financial Network now owns 20,685 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 2,848 shares during the period. R Squared Ltd purchased a new position in shares of Nomura during the 4th quarter worth $26,000. Finally, Blue Trust Inc. lifted its stake in shares of Nomura by 38.4% during the 4th quarter. Blue Trust Inc. now owns 107,045 shares of the financial services provider’s stock worth $620,000 after purchasing an additional 29,706 shares during the period. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Bank of America assumed coverage on Nomura in a report on Tuesday, October 22nd. They set a “neutral” rating for the company. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Trading Down 1.0 %

NMR stock opened at $6.91 on Friday. The company has a market cap of $20.52 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 0.43 and a beta of 0.66. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. The business has a fifty day simple moving average of $6.01 and a 200-day simple moving average of $5.71. Nomura Holdings, Inc. has a 52 week low of $4.66 and a 52 week high of $6.99.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 7.93% and a net margin of 6.91%. On average, equities research analysts expect that Nomura Holdings, Inc. will post 0.67 EPS for the current year.

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.