Ballentine Partners LLC Sells 3,975 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Ballentine Partners LLC reduced its holdings in Nomura Holdings, Inc. (NYSE:NMR) by 6.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,922 shares of the financial services provider’s stock after selling 3,975 shares during the period. Ballentine Partners LLC’s holdings in Nomura were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lester Murray Antman dba SimplyRich grew its stake in shares of Nomura by 2.5% in the 2nd quarter. Lester Murray Antman dba SimplyRich now owns 73,332 shares of the financial services provider’s stock worth $423,000 after buying an additional 1,754 shares in the last quarter. Signaturefd LLC grew its stake in shares of Nomura by 1.7% in the 2nd quarter. Signaturefd LLC now owns 103,146 shares of the financial services provider’s stock worth $596,000 after buying an additional 1,772 shares in the last quarter. Optas LLC grew its stake in shares of Nomura by 4.7% in the 2nd quarter. Optas LLC now owns 40,764 shares of the financial services provider’s stock worth $236,000 after buying an additional 1,819 shares in the last quarter. DMC Group LLC grew its stake in shares of Nomura by 2.7% in the 3rd quarter. DMC Group LLC now owns 91,562 shares of the financial services provider’s stock worth $478,000 after buying an additional 2,379 shares in the last quarter. Finally, XY Capital Ltd grew its stake in shares of Nomura by 23.0% in the 2nd quarter. XY Capital Ltd now owns 13,276 shares of the financial services provider’s stock worth $77,000 after buying an additional 2,481 shares in the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Price Performance

NMR stock opened at $5.17 on Tuesday. Nomura Holdings, Inc. has a 12 month low of $3.84 and a 12 month high of $6.62. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.24. The company has a 50-day moving average price of $5.48 and a 200 day moving average price of $5.72. The stock has a market cap of $15.36 billion, a PE ratio of 11.49, a P/E/G ratio of 0.44 and a beta of 0.62.

Nomura (NYSE:NMR) last released its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $0.14 EPS for the quarter. The firm had revenue of $7.81 billion during the quarter. Nomura had a net margin of 5.61% and a return on equity of 6.09%. Equities research analysts anticipate that Nomura Holdings, Inc. will post 0.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Bank of America assumed coverage on shares of Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating for the company. JPMorgan Chase & Co. started coverage on shares of Nomura in a research note on Thursday, August 29th. They set a “neutral” rating for the company. Finally, StockNews.com cut shares of Nomura from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th.

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.