Nomura Holdings, Inc. (NYSE:NMR – Get Free Report) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 916,300 shares, an increase of 27.4% from the February 28th total of 719,200 shares. Based on an average daily trading volume, of 555,100 shares, the short-interest ratio is currently 1.7 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Trading of Nomura
Several institutional investors have recently added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Nomura by 9.2% during the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider’s stock worth $7,110,000 after buying an additional 114,676 shares during the period. JPMorgan Chase & Co. lifted its stake in Nomura by 225.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 92,737 shares of the financial services provider’s stock worth $484,000 after acquiring an additional 64,268 shares in the last quarter. ABC Arbitrage SA purchased a new position in Nomura during the 4th quarter valued at about $1,254,000. Verition Fund Management LLC acquired a new position in Nomura in the 3rd quarter valued at about $97,000. Finally, US Bancorp DE increased its stake in Nomura by 17.5% during the fourth quarter. US Bancorp DE now owns 241,699 shares of the financial services provider’s stock worth $1,399,000 after purchasing an additional 35,948 shares during the period. Institutional investors and hedge funds own 15.14% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.
Nomura Stock Performance
NYSE NMR opened at $6.15 on Tuesday. The stock has a fifty day simple moving average of $6.51 and a 200-day simple moving average of $5.96. 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 has a market cap of $18.26 billion, a PE ratio of 8.78, a P/E/G ratio of 0.30 and a beta of 0.60. Nomura has a twelve month low of $4.66 and a twelve month high of $6.99.
Nomura (NYSE:NMR – Get Free Report) last announced its earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, topping 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%. Equities analysts anticipate that Nomura will post 0.76 earnings per share for the current year.
Nomura Company Profile
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.
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