Nomura (NYSE:NMR) Shares Gap Down to $5.48

Nomura Holdings, Inc. (NYSE:NMR)’s share price gapped down before the market opened on Monday . The stock had previously closed at $5.48, but opened at $5.32. Nomura shares last traded at $5.22, with a volume of 1,055,180 shares traded.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. began coverage on shares of Nomura in a report on Thursday, August 29th. They issued a “neutral” rating on the stock. StockNews.com lowered shares of Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th.

Nomura Trading Down 4.7 %

The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 14.35 and a beta of 0.62. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. The company has a 50-day moving average price of $5.58 and a 200-day moving average price of $5.86.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. Nomura had a return on equity of 6.09% and a net margin of 5.61%. The firm had revenue of $7.81 billion during the quarter.

Institutional Investors Weigh In On Nomura

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC acquired a new stake in shares of Nomura during the second quarter worth about $60,000. Wallace Advisory Group LLC acquired a new stake in shares of Nomura during the 2nd quarter valued at approximately $80,000. Creative Planning raised its holdings in Nomura by 7.3% during the second quarter. Creative Planning now owns 418,202 shares of the financial services provider’s stock worth $2,417,000 after purchasing an additional 28,585 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Nomura in the 2nd quarter worth about $4,608,000. Finally, AQR Capital Management LLC lifted its holdings in shares of Nomura by 25.7% in the second quarter. AQR Capital Management LLC now owns 178,140 shares of the financial services provider’s stock valued at $1,030,000 after purchasing an additional 36,404 shares in the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

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.