Nomura Holdings Inc ADR $NMR Shares Acquired by Donald Smith & CO. Inc.

Donald Smith & CO. Inc. increased its holdings in Nomura Holdings Inc ADR (NYSE:NMR) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,695,534 shares of the financial services provider’s stock after buying an additional 274,787 shares during the period. Nomura comprises approximately 2.0% of Donald Smith & CO. Inc.’s holdings, making the stock its 22nd biggest position. Donald Smith & CO. Inc. owned 0.43% of Nomura worth $106,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaCore Capital LLC boosted its stake in Nomura by 511.7% during the 3rd quarter. AlphaCore Capital LLC now owns 144,264 shares of the financial services provider’s stock valued at $1,049,000 after purchasing an additional 120,680 shares during the period. JPMorgan Chase & Co. boosted its stake in Nomura by 37.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 236,717 shares of the financial services provider’s stock valued at $1,721,000 after purchasing an additional 63,994 shares during the period. Integrated Quantitative Investments LLC acquired a new position in Nomura during the 3rd quarter valued at about $768,000. M&T Bank Corp boosted its stake in Nomura by 254.7% during the 4th quarter. M&T Bank Corp now owns 126,114 shares of the financial services provider’s stock valued at $1,058,000 after purchasing an additional 90,559 shares during the period. Finally, Ethic Inc. boosted its stake in Nomura by 6.1% during the 4th quarter. Ethic Inc. now owns 1,098,345 shares of the financial services provider’s stock valued at $9,215,000 after purchasing an additional 63,506 shares during the period. 15.14% of the stock is owned by institutional investors and hedge funds.

Nomura Trading Down 2.0%

Shares of NYSE:NMR opened at $8.54 on Thursday. The company has a 50 day moving average of $8.19 and a 200-day moving average of $8.35. The firm has a market cap of $25.04 billion, a P/E ratio of 10.67, a P/E/G ratio of 2.08 and a beta of 0.70. Nomura Holdings Inc ADR has a twelve month low of $6.02 and a twelve month high of $9.58. The company has a current ratio of 1.08, a quick ratio of 1.13 and a debt-to-equity ratio of 7.38.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, April 24th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The company had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.43 billion. Nomura had a return on equity of 9.70% and a net margin of 7.64%. As a group, analysts anticipate that Nomura Holdings Inc ADR will post 0.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. raised shares of Nomura from a “neutral” rating to an “overweight” rating in a research note on Thursday, March 19th. Weiss Ratings lowered shares of Nomura from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Nomura has an average rating of “Buy”.

About Nomura

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.