Zacks Investment Research lowered shares of Nomura Holdings Inc ADR (NYSE:NMR) from a buy rating to a hold rating in a research report released on Tuesday morning.

According to Zacks, “NOMURA HLDG-ADR is a leading financial services group in Japan and has worldwide operations, providing a wide range of value-added financial services and competitive products. These include brokerage, trading, underwriting, M&A financial advisory services, merchant banking, and development and management of investment trusts and investment advisory services to diversified clients such as individuals, corporations, financial institutions, governments and governmental agencies. “

Other equities analysts have also issued reports about the company. TheStreet upgraded Nomura Holdings Inc ADR from a d+ rating to a c rating in a research note on Wednesday, May 24th. BidaskClub lowered Nomura Holdings Inc ADR from a sell rating to a strong sell rating in a research note on Saturday, July 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Nomura Holdings Inc ADR currently has an average rating of Hold and an average target price of $6.50.

Shares of Nomura Holdings Inc ADR (NYSE:NMR) opened at 5.58 on Tuesday. The stock has a market cap of $19.79 billion, a PE ratio of 8.93 and a beta of 1.56. Nomura Holdings Inc ADR has a 1-year low of $4.29 and a 1-year high of $6.80. The company’s 50-day moving average price is $5.85 and its 200 day moving average price is $6.17.

Nomura Holdings Inc ADR (NYSE:NMR) last issued its quarterly 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. Nomura Holdings Inc ADR had a net margin of 15.47% and a return on equity of 8.69%. The firm had revenue of $4.21 billion for the quarter. Equities analysts forecast that Nomura Holdings Inc ADR will post $0.47 EPS for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its stake in Nomura Holdings Inc ADR by 0.3% in the first quarter. Bank of Montreal Can now owns 82,667 shares of the financial services provider’s stock valued at $518,000 after buying an additional 271 shares in the last quarter. Sei Investments Co. raised its stake in Nomura Holdings Inc ADR by 3.1% in the first quarter. Sei Investments Co. now owns 20,874 shares of the financial services provider’s stock valued at $131,000 after buying an additional 619 shares in the last quarter. US Bancorp DE raised its stake in Nomura Holdings Inc ADR by 2.1% in the first quarter. US Bancorp DE now owns 42,608 shares of the financial services provider’s stock valued at $267,000 after buying an additional 895 shares in the last quarter. CIBC World Markets Inc. raised its stake in Nomura Holdings Inc ADR by 4.6% in the second quarter. CIBC World Markets Inc. now owns 26,527 shares of the financial services provider’s stock valued at $160,000 after buying an additional 1,159 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Nomura Holdings Inc ADR by 4.6% in the second quarter. PNC Financial Services Group Inc. now owns 64,950 shares of the financial services provider’s stock valued at $393,000 after buying an additional 2,881 shares in the last quarter. Institutional investors own 0.56% of the company’s stock.

Nomura Holdings Inc ADR 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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