Bank of America started coverage on shares of Nomura (NYSE:NMR – Free Report) in a research report released on Tuesday, StockNewsAPI reports. The brokerage issued a neutral rating on the financial services provider’s stock.
Several other brokerages also recently commented on NMR. StockNews.com downgraded Nomura from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th. JPMorgan Chase & Co. started coverage on shares of Nomura in a research note on Thursday, August 29th. They set a “neutral” rating for the company.
Check Out Our Latest Stock Report on NMR
Nomura Price Performance
Nomura (NYSE:NMR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $7.81 billion during the quarter. Nomura had a net margin of 5.61% and a return on equity of 6.09%.
Institutional Trading of Nomura
Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in Nomura by 21.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,933,656 shares of the financial services provider’s stock worth $17,741,000 after purchasing an additional 689,849 shares during the period. Millennium Management LLC bought a new position in shares of Nomura during the 2nd quarter worth $4,608,000. Leuthold Group LLC purchased a new position in shares of Nomura during the second quarter valued at $4,344,000. Envestnet Asset Management Inc. increased its stake in shares of Nomura by 98.7% during the second quarter. Envestnet Asset Management Inc. now owns 427,944 shares of the financial services provider’s stock valued at $2,474,000 after buying an additional 212,599 shares during the period. Finally, Creative Planning raised its holdings in shares of Nomura by 7.3% in the second quarter. Creative Planning now owns 418,202 shares of the financial services provider’s stock valued at $2,417,000 after acquiring an additional 28,585 shares in the last quarter. Hedge funds and other institutional investors own 15.14% of the company’s stock.
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.
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