Nomura (NYSE:NMR) Downgraded by StockNews.com to “Hold”

StockNews.com lowered shares of Nomura (NYSE:NMR) from a buy rating to a hold rating in a report published on Monday morning.

Nomura Trading Down 1.9 %

NYSE:NMR opened at $5.75 on Monday. Nomura has a 1 year low of $3.75 and a 1 year high of $6.62. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. The stock has a fifty day moving average price of $5.77 and a two-hundred day moving average price of $5.89. The stock has a market capitalization of $17.08 billion, a price-to-earnings ratio of 15.54 and a beta of 0.59.

Institutional Trading of Nomura

A number of institutional investors have recently added to or reduced their stakes in NMR. Lester Murray Antman dba SimplyRich lifted its position in shares of Nomura by 2.5% during the 2nd quarter. Lester Murray Antman dba SimplyRich now owns 73,332 shares of the financial services provider’s stock valued at $423,000 after acquiring an additional 1,754 shares during the period. Signaturefd LLC increased its stake in Nomura by 1.7% in the 2nd quarter. Signaturefd LLC now owns 103,146 shares of the financial services provider’s stock valued at $596,000 after purchasing an additional 1,772 shares in the last quarter. Optas LLC raised its holdings in Nomura by 4.7% during the second quarter. Optas LLC now owns 40,764 shares of the financial services provider’s stock worth $236,000 after purchasing an additional 1,819 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Nomura by 36.9% during the fourth 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 in the last quarter. Finally, XY Capital Ltd grew its holdings in Nomura by 23.0% in the second quarter. XY Capital Ltd now owns 13,276 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 2,481 shares during 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.