PNC Financial Services Group Inc. Boosts Holdings in Nomura Holdings, Inc. (NYSE:NMR)

PNC Financial Services Group Inc. raised its stake in shares of Nomura Holdings, Inc. (NYSE:NMR) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,666 shares of the financial services provider’s stock after buying an additional 4,161 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Nomura were worth $890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

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

Nomura Stock Performance

Shares of Nomura stock opened at $6.49 on Tuesday. Nomura Holdings, Inc. has a one year low of $4.66 and a one year high of $6.99. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17. The business’s 50 day moving average price is $6.36 and its 200 day moving average price is $5.90. The company has a market cap of $19.27 billion, a price-to-earnings ratio of 9.26, a PEG ratio of 0.30 and a beta of 0.60.

Nomura (NYSE:NMR) last issued its quarterly earnings results 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%. On average, research analysts predict that Nomura Holdings, Inc. will post 0.76 EPS 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.