Avantax Advisory Services Inc. Purchases 3,916 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Avantax Advisory Services Inc. boosted its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 31.2% during the 4th quarter, Holdings Channel reports. The fund owned 16,472 shares of the financial services provider’s stock after buying an additional 3,916 shares during the period. Avantax Advisory Services Inc.’s holdings in Nomura were worth $95,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cerity Partners LLC lifted its position in shares of Nomura by 32.9% in the 3rd quarter. Cerity Partners LLC now owns 342,946 shares of the financial services provider’s stock worth $1,790,000 after purchasing an additional 84,836 shares during the period. FMR LLC lifted its holdings in 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. Quantbot Technologies LP boosted its position in Nomura by 24.4% during the 3rd quarter. Quantbot Technologies LP now owns 49,756 shares of the financial services provider’s stock valued at $260,000 after acquiring an additional 9,759 shares in the last quarter. Townsquare Capital LLC increased its holdings in shares of Nomura by 10.3% in the 3rd quarter. Townsquare Capital LLC now owns 110,570 shares of the financial services provider’s stock valued at $577,000 after acquiring an additional 10,317 shares during the period. Finally, Glenmede Trust Co. NA raised its position in shares of Nomura by 9.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider’s stock worth $158,000 after acquiring an additional 2,657 shares in the last quarter. 15.14% of the stock is currently owned by institutional investors.

Nomura Trading Up 0.8 %

NYSE NMR opened at $6.62 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 fifty day simple moving average of $6.50 and a two-hundred day simple moving average of $5.94. 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 $19.65 billion, a P/E ratio of 9.45, a P/E/G 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, topping analysts’ consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Analyst Ratings Changes

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

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.