Shares of Nomura Holdings Inc ADR (NYSE:NMR) have earned an average rating of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $6.75.

A number of analysts have recently issued reports on NMR shares. Zacks Investment Research upgraded shares of Nomura Holdings Inc ADR from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Tuesday, August 1st. BidaskClub downgraded shares of Nomura Holdings Inc ADR from a “sell” rating to a “strong sell” rating in a report on Saturday, July 8th. Finally, TheStreet upgraded shares of Nomura Holdings Inc ADR from a “d+” rating to a “c” rating in a report on Wednesday, May 24th.

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Nomura Holdings Inc ADR (NMR) traded up 0.17% on Friday, reaching $5.90. 96,748 shares of the company’s stock were exchanged. Nomura Holdings Inc ADR has a 12 month low of $4.01 and a 12 month high of $6.80. The firm has a market capitalization of $20.93 billion, a price-to-earnings ratio of 9.61 and a beta of 1.56. The firm has a 50-day moving average of $6.00 and a 200-day moving average of $6.22.

Nomura Holdings Inc ADR (NYSE:NMR) last issued its earnings results on Friday, July 28th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.01. The business had revenue of $4.21 billion during the quarter. Nomura Holdings Inc ADR had a net margin of 15.47% and a return on equity of 8.69%. On average, equities analysts expect that Nomura Holdings Inc ADR will post $0.47 earnings per share for the current year.

Nomura Holdings Inc ADR declared that its Board of Directors has authorized a share buyback program on Thursday, April 27th that permits the company to buyback 100,000,000 outstanding shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

A number of institutional investors have recently modified their holdings of NMR. Fisher Asset Management LLC increased its position in shares of Nomura Holdings Inc ADR by 5.7% in the second quarter. Fisher Asset Management LLC now owns 3,278,899 shares of the financial services provider’s stock worth $19,805,000 after buying an additional 177,576 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Nomura Holdings Inc ADR by 9.9% in the first quarter. Parametric Portfolio Associates LLC now owns 2,484,440 shares of the financial services provider’s stock worth $15,577,000 after buying an additional 222,939 shares during the last quarter. Aperio Group LLC increased its position in shares of Nomura Holdings Inc ADR by 14.5% in the second quarter. Aperio Group LLC now owns 2,131,357 shares of the financial services provider’s stock worth $12,873,000 after buying an additional 269,265 shares during the last quarter. Karp Capital Management Corp purchased a new position in shares of Nomura Holdings Inc ADR during the first quarter worth $11,675,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Nomura Holdings Inc ADR by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,145,220 shares of the financial services provider’s stock worth $7,181,000 after buying an additional 14,263 shares during the last quarter. Institutional investors and hedge funds own 0.62% of the company’s stock.

About Nomura Holdings Inc ADR

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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