Nomura (NMR) Reaches New 12-Month Low at $4.28

Nomura Holdings Inc (NYSE:NMR) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $4.28 and last traded at $4.24, with a volume of 36901 shares traded. The stock had previously closed at $4.48.

Separately, TheStreet downgraded shares of Nomura from a “c” rating to a “d+” rating in a research report on Friday, August 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.50.

The stock has a market capitalization of $15.34 billion, a PE ratio of 17.19 and a beta of 1.45. The company has a debt-to-equity ratio of 5.73, a quick ratio of 1.03 and a current ratio of 1.03.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Wednesday, October 31st. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $4.02 billion for the quarter. Nomura had a return on equity of 3.64% and a net margin of 5.79%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Henry James International Management Inc. bought a new position in Nomura in the third quarter valued at about $322,000. PNC Financial Services Group Inc. grew its position in Nomura by 53.0% in the third quarter. PNC Financial Services Group Inc. now owns 114,852 shares of the financial services provider’s stock valued at $550,000 after acquiring an additional 39,785 shares during the last quarter. Bank of New York Mellon Corp grew its position in Nomura by 28.0% in the third quarter. Bank of New York Mellon Corp now owns 86,564 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 18,961 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Nomura by 13.8% in the third quarter. Crossmark Global Holdings Inc. now owns 296,644 shares of the financial services provider’s stock valued at $1,418,000 after acquiring an additional 35,972 shares during the last quarter. Finally, Rhumbline Advisers grew its position in Nomura by 151.2% in the third quarter. Rhumbline Advisers now owns 33,538 shares of the financial services provider’s stock valued at $160,000 after acquiring an additional 20,189 shares during the last quarter. Institutional investors and hedge funds own 0.73% of the company’s stock.

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Nomura Company Profile (NYSE:NMR)

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

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