Blue Trust Inc. Sells 62,708 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Blue Trust Inc. cut its stake in shares of Nomura Holdings, Inc. (NYSE:NMR) by 81.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,631 shares of the financial services provider’s stock after selling 62,708 shares during the period. Blue Trust Inc.’s holdings in Nomura were worth $85,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NMR. Allspring Global Investments Holdings LLC lifted its position in Nomura by 18.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 47,349 shares of the financial services provider’s stock worth $247,000 after acquiring an additional 7,408 shares during the last quarter. Private Advisor Group LLC lifted its position in Nomura by 34.5% during the third quarter. Private Advisor Group LLC now owns 30,434 shares of the financial services provider’s stock worth $159,000 after acquiring an additional 7,806 shares during the last quarter. Greenleaf Trust lifted its position in Nomura by 26.5% during the third quarter. Greenleaf Trust now owns 16,743 shares of the financial services provider’s stock worth $87,000 after acquiring an additional 3,503 shares during the last quarter. Donald Smith & CO. Inc. acquired a new stake in Nomura during the third quarter worth approximately $33,783,000. Finally, Diversify Wealth Management LLC lifted its position in Nomura by 9.7% during the third quarter. Diversify Wealth Management LLC now owns 115,155 shares of the financial services provider’s stock worth $583,000 after acquiring an additional 10,179 shares during the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Nomura Stock Down 1.9 %

NYSE NMR opened at $6.50 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. Nomura Holdings, Inc. has a 1-year low of $4.66 and a 1-year high of $6.99. The company has a 50 day moving average of $6.16 and a 200-day moving average of $5.80. The company has a market cap of $19.30 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 0.30 and a beta of 0.66.

Nomura (NYSE:NMR) last released its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, equities research analysts expect that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

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.