Charles Schwab Investment Management Inc. lessened its stake in shares of Nomura Holdings, Inc. (NYSE:NMR – Free Report) by 4.7% in the third quarter, Holdings Channel.com reports. The fund owned 311,891 shares of the financial services provider’s stock after selling 15,282 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Nomura were worth $1,628,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Nomura during the 2nd quarter valued at $34,000. SYM FINANCIAL Corp bought a new position in Nomura during the second quarter valued at about $59,000. Sage Mountain Advisors LLC bought a new stake in Nomura in the 2nd quarter valued at $59,000. Sanctuary Advisors LLC bought a new position in shares of Nomura during the 2nd quarter worth approximately $60,000. Finally, Catalytic Wealth RIA LLC acquired a new position in Nomura in the third quarter valued at about $59,000. Institutional investors and hedge funds own 15.14% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently weighed in on NMR shares. Bank of America assumed coverage on shares of Nomura in a report on Tuesday, October 22nd. They issued a “neutral” rating for the company. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Finally, JPMorgan Chase & Co. began coverage on shares of Nomura in a report on Thursday, August 29th. They set a “neutral” rating on the stock.
Nomura Stock Down 0.3 %
NMR stock opened at $5.93 on Tuesday. Nomura Holdings, Inc. has a fifty-two week low of $4.34 and a fifty-two week high of $6.62. The business’s fifty day moving average price is $5.68 and its two-hundred day moving average price is $5.71. The stock has a market capitalization of $17.60 billion, a price-to-earnings ratio of 10.04, a PEG ratio of 0.40 and a beta of 0.64. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.11.
Nomura 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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