Park Avenue Securities LLC Invests $144,000 in Nomura Holdings, Inc. (NYSE:NMR)

Park Avenue Securities LLC purchased a new position in shares of Nomura Holdings, Inc. (NYSE:NMR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 22,363 shares of the financial services provider’s stock, valued at approximately $144,000.

Several other large investors have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC acquired a new position in Nomura during the 4th quarter worth approximately $29,000. EverSource Wealth Advisors LLC increased its position in Nomura by 36.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 2,018 shares during the period. GAMMA Investing LLC acquired a new position in Nomura during the 4th quarter worth approximately $34,000. Abacus Wealth Partners LLC acquired a new position in Nomura during the 1st quarter worth approximately $77,000. Finally, Ieq Capital LLC acquired a new position in Nomura during the 4th quarter worth approximately $57,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Stock Performance

NYSE NMR opened at $6.00 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 6.77. The business’s 50 day moving average is $5.88 and its two-hundred day moving average is $5.64. Nomura Holdings, Inc. has a 12-month low of $3.63 and a 12-month high of $6.62. The stock has a market capitalization of $17.82 billion, a price-to-earnings ratio of 16.22 and a beta of 0.59.

Nomura (NYSE:NMR) last released its quarterly earnings results on Friday, April 26th. The financial services provider reported $0.12 earnings per share for the quarter. The business had revenue of $3 billion for the quarter. Nomura had a return on equity of 4.83% and a net margin of 4.78%.

Nomura Profile

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.