Nomura Holdings Inc. (NMR) Given Consensus Recommendation of “Hold” by Analysts
Nomura Holdings Inc. (NYSE:NMR) has earned a consensus rating of “Hold” from the ten analysts that are currently covering the company. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $5.00.
NMR has been the topic of several research reports. Jefferies Group upgraded shares of Nomura Holdings from an “underperform” rating to a “hold” rating in a research report on Thursday, September 1st. Zacks Investment Research lowered shares of Nomura Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 31st. TheStreet lowered shares of Nomura Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 10th. Nomura upgraded shares of Nomura Holdings from an “underweight” rating to a “neutral” rating in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Nomura Holdings in a research report on Friday, July 29th. They issued a “neutral” rating on the stock.
Hedge funds have recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI raised its stake in shares of Nomura Holdings by 16.8% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 31,398 shares of the company’s stock worth $110,000 after buying an additional 4,515 shares during the period. Geode Capital Management LLC raised its stake in shares of Nomura Holdings by 19.2% in the first quarter. Geode Capital Management LLC now owns 27,636 shares of the company’s stock worth $122,000 after buying an additional 4,449 shares during the period. Mariner Wealth Advisors LLC purchased a new stake in shares of Nomura Holdings during the first quarter worth about $122,000. FNY Managed Accounts LLC purchased a new stake in shares of Nomura Holdings during the second quarter worth about $140,000. Finally, Citadel Advisors LLC raised its stake in shares of Nomura Holdings by 155.6% in the second quarter. Citadel Advisors LLC now owns 56,115 shares of the company’s stock worth $197,000 after buying an additional 34,158 shares during the period. Hedge funds and other institutional investors own 0.53% of the company’s stock.
Shares of Nomura Holdings (NYSE:NMR) traded down 2.48% during midday trading on Thursday, hitting $4.33. The stock had a trading volume of 212,886 shares. The firm’s 50 day moving average price is $4.56 and its 200 day moving average price is $4.26. The firm has a market cap of $15.53 billion, a price-to-earnings ratio of 15.19 and a beta of 1.83. Nomura Holdings has a 52-week low of $3.33 and a 52-week high of $6.63.
Nomura Holdings (NYSE:NMR) last issued its earnings results on Thursday, July 28th. The company reported $12.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $5.80 by $6.91. Nomura Holdings had a net margin of 7.05% and a return on equity of 4.01%. The company earned $418.41 billion during the quarter, compared to analysts’ expectations of $300.50 billion. During the same period last year, the company posted $19.11 earnings per share. The firm’s quarterly revenue was down 17.7% compared to the same quarter last year. On average, equities research analysts expect that Nomura Holdings will post $0.24 earnings per share for the current year.
Nomura Holdings Company Profile
Nomura Holdings, Inc (Nomura) is a financial services company. The Company, through its broker-dealer, banking and other financial services subsidiaries, provide investment, financing and related services to individual, institutional and government clients across the world. The Company’s segments include Retail, Asset Management and Wholesale.
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