PDS Planning Inc Sells 3,811 Shares of Nomura Holdings Inc ADR $NMR

PDS Planning Inc reduced its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 9.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,580 shares of the financial services provider’s stock after selling 3,811 shares during the quarter. PDS Planning Inc’s holdings in Nomura were worth $234,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NMR. GAMMA Investing LLC grew its holdings in Nomura by 781.7% during the first quarter. GAMMA Investing LLC now owns 110,214 shares of the financial services provider’s stock worth $678,000 after buying an additional 97,714 shares in the last quarter. Simon Quick Advisors LLC bought a new stake in Nomura during the first quarter worth $120,000. Adero Partners LLC grew its holdings in Nomura by 18.2% during the first quarter. Adero Partners LLC now owns 12,006 shares of the financial services provider’s stock worth $74,000 after buying an additional 1,848 shares in the last quarter. QRG Capital Management Inc. grew its holdings in Nomura by 0.9% during the first quarter. QRG Capital Management Inc. now owns 221,065 shares of the financial services provider’s stock worth $1,360,000 after buying an additional 1,991 shares in the last quarter. Finally, BSW Wealth Partners grew its holdings in Nomura by 3.0% during the first quarter. BSW Wealth Partners now owns 79,360 shares of the financial services provider’s stock worth $488,000 after buying an additional 2,327 shares in the last quarter. Institutional investors own 15.14% of the company’s stock.

Nomura Stock Down 6.1%

NMR stock opened at $6.72 on Monday. The stock’s fifty day simple moving average is $7.26 and its two-hundred day simple moving average is $6.46. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 7.58. Nomura Holdings Inc ADR has a 1-year low of $4.86 and a 1-year high of $7.59. The stock has a market cap of $19.85 billion, a P/E ratio of 8.09, a P/E/G ratio of 3.26 and a beta of 0.74.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). Nomura had a return on equity of 10.58% and a net margin of 8.06%.The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.04 billion. Analysts expect that Nomura Holdings Inc ADR will post 0.76 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Zacks Research upgraded Nomura from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nomura in a report on Wednesday, October 8th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

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.