Diversified Trust Co Lowers Position in Nomura Holdings Inc ADR (NYSE:NMR)

Diversified Trust Co lessened its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 11.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,961 shares of the financial services provider’s stock after selling 2,509 shares during the period. Diversified Trust Co’s holdings in Nomura were worth $123,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in NMR. Cannell & Spears LLC purchased a new stake in Nomura during the fourth quarter valued at about $73,000. Adero Partners LLC raised its position in Nomura by 18.2% during the first quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider’s stock valued at $74,000 after purchasing an additional 1,848 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Nomura during the fourth quarter valued at about $84,000. Campbell Deegan Wealth Management LLC purchased a new stake in Nomura during the fourth quarter valued at about $84,000. Finally, Squarepoint Ops LLC purchased a new stake in Nomura during the fourth quarter valued at about $85,000. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Nomura Stock Down 0.5%

NYSE NMR opened at $6.54 on Thursday. The company has a debt-to-equity ratio of 6.91, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market capitalization of $19.43 billion, a PE ratio of 8.96, a PEG ratio of 6.22 and a beta of 0.79. Nomura Holdings Inc ADR has a 1 year low of $4.66 and a 1 year high of $6.99. The business’s 50-day moving average is $6.02 and its 200 day moving average is $6.07.

Nomura (NYSE:NMR) last posted its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The business had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $451.20 billion. Nomura had a return on equity of 9.59% and a net margin of 7.21%. Sell-side analysts forecast that Nomura Holdings Inc ADR will post 0.76 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Nomura from a “buy” rating to a “hold” rating in a research report on Monday, April 28th.

About Nomura

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.