Trade Report: The Nomura Holdings Inc. (NMR) Receives Consensus Recommendation of “Hold” from Analysts

The Nomura Holdings Inc. (NMR) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Nomura Holdings Inc. (NYSE:NMR) have been given a consensus rating of “Hold” by the ten research firms that are covering the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $5.00.

A number of research analysts have issued reports on the company. Zacks Investment Research raised Nomura Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th. Nomura raised Nomura Holdings from an “underweight” rating to a “neutral” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. began coverage on Nomura Holdings in a research note on Friday, July 29th. They set a “neutral” rating for the company. Morgan Stanley downgraded Nomura Holdings from an “overweight” rating to an “equal” rating in a research note on Friday, July 8th. Finally, Daiwa Capital Markets downgraded Nomura Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday, June 27th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp increased its position in Nomura Holdings by 0.3% in the second quarter. Stifel Financial Corp now owns 56,750 shares of the company’s stock valued at $199,000 after buying an additional 180 shares in the last quarter. Capstone Asset Management Co. increased its position in Nomura Holdings by 1.0% in the third quarter. Capstone Asset Management Co. now owns 331,382 shares of the company’s stock valued at $1,475,000 after buying an additional 3,390 shares in the last quarter. Geode Capital Management LLC increased its position in Nomura Holdings by 19.2% in the first quarter. Geode Capital Management LLC now owns 27,636 shares of the company’s stock valued at $122,000 after buying an additional 4,449 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its position in Nomura Holdings by 16.8% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 31,398 shares of the company’s stock valued at $110,000 after buying an additional 4,515 shares in the last quarter. Finally, Wetherby Asset Management Inc. increased its position in Nomura Holdings by 8.1% in the second quarter. Wetherby Asset Management Inc. now owns 77,352 shares of the company’s stock valued at $272,000 after buying an additional 5,829 shares in the last quarter. 0.53% of the stock is owned by hedge funds and other institutional investors.

Nomura Holdings (NYSE:NMR) opened at 4.37 on Thursday. Nomura Holdings has a 1-year low of $3.33 and a 1-year high of $6.63. The stock has a market capitalization of $15.68 billion, a price-to-earnings ratio of 15.33 and a beta of 1.83. The firm’s 50-day moving average is $4.54 and its 200 day moving average is $4.26.

Nomura Holdings (NYSE:NMR) last announced its quarterly 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 return on equity of 4.01% and a net margin of 7.05%. The company earned $418.41 billion during the quarter, compared to the consensus estimate of $300.50 billion. During the same period in the previous year, the company posted $19.11 earnings per share. Nomura Holdings’s revenue for the quarter was down 17.7% on a year-over-year basis. Equities analysts anticipate that Nomura Holdings will post $0.24 EPS for the current fiscal year.

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