Pinnacle Wealth Planning Services Inc. Trims Stake in Nomura Holdings, Inc. (NYSE:NMR)

Pinnacle Wealth Planning Services Inc. lessened its position in Nomura Holdings, Inc. (NYSE:NMR) by 42.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,520 shares of the financial services provider’s stock after selling 25,119 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Nomura were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in NMR. Fisher Asset Management LLC lifted its position in Nomura by 20.2% during the third quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock valued at $53,138,000 after buying an additional 1,713,275 shares during the period. Maverick Capital Ltd. bought a new position in shares of Nomura in the 3rd quarter worth about $1,219,000. ABC Arbitrage SA purchased a new position in Nomura during the 4th quarter valued at about $1,254,000. Praetorian PR LLC boosted its stake in Nomura by 53.3% during the third quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after acquiring an additional 200,000 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Nomura in the fourth quarter worth about $1,087,000. 15.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Trading Up 0.7 %

NYSE NMR opened at $6.52 on Friday. Nomura Holdings, Inc. has a 12 month low of $4.66 and a 12 month high of $6.99. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The stock’s fifty day moving average price is $6.30 and its 200-day moving average price is $5.87. The stock has a market cap of $19.35 billion, a P/E ratio of 9.31, a P/E/G ratio of 0.30 and a beta of 0.60.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. As a group, equities analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal 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.