First Trust Direct Indexing L.P. Has $1.26 Million Holdings in Nomura Holdings, Inc. (NYSE:NMR)

First Trust Direct Indexing L.P. cut its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 2.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 242,095 shares of the financial services provider’s stock after selling 6,275 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Nomura were worth $1,264,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Nomura during the 2nd quarter worth about $34,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Nomura during the 1st quarter worth about $45,000. SYM FINANCIAL Corp purchased a new stake in shares of Nomura during the 2nd quarter worth about $59,000. Sage Mountain Advisors LLC purchased a new stake in shares of Nomura during the 2nd quarter worth about $59,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Nomura during the 2nd quarter worth about $60,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NMR has been the subject of a number of recent research reports. StockNews.com downgraded Nomura from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th. JPMorgan Chase & Co. began coverage on Nomura in a research note on Thursday, August 29th. They issued a “neutral” rating on the stock. Finally, Bank of America began coverage on Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating on the stock.

Nomura Price Performance

Shares of NMR stock opened at $5.18 on Friday. The stock’s 50 day simple moving average is $5.44 and its 200 day simple moving average is $5.70. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. Nomura Holdings, Inc. has a twelve month low of $3.85 and a twelve month high of $6.62. The company has a market capitalization of $15.39 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 0.44 and a beta of 0.62.

Nomura (NYSE:NMR) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $7.81 billion for the quarter. Nomura had a return on equity of 6.09% and a net margin of 5.61%. As a group, research analysts predict that Nomura Holdings, Inc. will post 0.56 EPS for the current year.

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.