Nomura Holdings Inc (NYSE:NMR) Receives Consensus Rating of “Hold” from Brokerages

Shares of Nomura Holdings Inc (NYSE:NMR) have been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company.

NMR has been the topic of a number of research reports. ValuEngine downgraded shares of Nomura from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 2nd. Nomura raised shares of Nomura from an “underweight” rating to a “neutral” rating in a research note on Wednesday, July 31st. JPMorgan Chase & Co. raised shares of Nomura from an “underweight” rating to a “neutral” rating in a research note on Wednesday, July 31st. Citigroup downgraded shares of Nomura from a “neutral” rating to a “sell” rating in a research note on Thursday, May 16th. Finally, Zacks Investment Research raised shares of Nomura from a “sell” rating to a “hold” rating in a research note on Saturday.

Shares of NYSE NMR traded up $0.15 during mid-day trading on Tuesday, reaching $3.63. The company had a trading volume of 1,024,634 shares, compared to its average volume of 491,336. Nomura has a twelve month low of $3.05 and a twelve month high of $5.05. The company has a debt-to-equity ratio of 5.90, a current ratio of 0.98 and a quick ratio of 1.10. The firm has a market capitalization of $11.80 billion, a PE ratio of -13.44 and a beta of 1.47. The stock has a 50 day simple moving average of $3.46.

Nomura (NYSE:NMR) last posted its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.15 earnings per share for the quarter. Nomura had a negative net margin of 2.78% and a negative return on equity of 1.74%. The business had revenue of $4.65 billion for the quarter. Sell-side analysts forecast that Nomura will post 0.34 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of NMR. Parallel Advisors LLC increased its position in Nomura by 102.3% during the first quarter. Parallel Advisors LLC now owns 9,996 shares of the financial services provider’s stock worth $36,000 after buying an additional 5,056 shares during the last quarter. Sage Rhino Capital LLC acquired a new position in Nomura during the first quarter worth $45,000. Two Sigma Advisers LP acquired a new position in Nomura during the fourth quarter worth $59,000. Lindbrook Capital LLC increased its position in Nomura by 173.1% during the second quarter. Lindbrook Capital LLC now owns 20,228 shares of the financial services provider’s stock worth $71,000 after buying an additional 12,821 shares during the last quarter. Finally, Citigroup Inc. increased its position in Nomura by 60.5% during the fourth quarter. Citigroup Inc. now owns 23,206 shares of the financial services provider’s stock worth $87,000 after buying an additional 8,744 shares during the last quarter. 0.77% of the stock is currently owned by hedge funds and other institutional investors.

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, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

See Also: Current Ratio

Receive News & Ratings for Nomura Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura and related companies with MarketBeat.com's FREE daily email newsletter.