Nomura Holdings Inc ADR (NYSE:NMR) Stock Has Consensus Target Price of $10.20

Shares of Nomura Holdings Inc ADR (NYSE:NMR) have received an average rating of “Buy” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $10.20.

Several equities analysts have recently weighed in on the company. Zacks Research upgraded Nomura from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised Nomura from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Nomura upgraded Nomura to a “buy” rating and set a $10.20 price target for the company in a research note on Thursday, June 25th. Bank of America raised Nomura from a “neutral” rating to a “buy” rating and set a $10.20 price target on the stock in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded Nomura from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 17th.

Nomura Price Performance

Shares of NMR opened at $9.76 on Friday. The stock has a market capitalization of $28.62 billion, a P/E ratio of 11.34, a P/E/G ratio of 1.13 and a beta of 0.70. Nomura has a twelve month low of $6.71 and a twelve month high of $10.94. The company has a 50 day moving average of $10.00 and a 200-day moving average of $8.94. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 8.06.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Tuesday, June 30th. The financial services provider reported $0.30 EPS for the quarter. The business had revenue of $4.19 billion for the quarter. Nomura had a net margin of 8.09% and a return on equity of 10.42%. As a group, equities research analysts forecast that Nomura will post 0.98 EPS for the current fiscal year.

Institutional Trading of Nomura

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in shares of Nomura by 32.4% during the 4th quarter. Fisher Asset Management LLC now owns 13,151,514 shares of the financial services provider’s stock worth $110,341,000 after purchasing an additional 3,221,008 shares during the last quarter. Donald Smith & CO. Inc. lifted its stake in Nomura by 2.2% in the 4th quarter. Donald Smith & CO. Inc. now owns 12,695,534 shares of the financial services provider’s stock valued at $106,516,000 after purchasing an additional 274,787 shares during the last quarter. Quantinno Capital Management LP grew its holdings in Nomura by 18.4% during the first quarter. Quantinno Capital Management LP now owns 2,547,208 shares of the financial services provider’s stock worth $20,097,000 after purchasing an additional 395,656 shares during the period. Renaissance Technologies LLC grew its holdings in Nomura by 27.0% during the first quarter. Renaissance Technologies LLC now owns 2,312,237 shares of the financial services provider’s stock worth $18,244,000 after purchasing an additional 491,400 shares during the period. Finally, Gradient Investments LLC increased its position in Nomura by 7.4% during the second quarter. Gradient Investments LLC now owns 638,711 shares of the financial services provider’s stock worth $5,608,000 after buying an additional 43,849 shares during the last quarter. 15.14% of the stock is owned by institutional investors.

Nomura Company Profile

Nomura Holdings, Inc is a Japan-based financial services group and the parent company of Nomura Securities Co, Ltd. Its businesses serve individual investors, corporations, financial institutions, governments and other organizations through a range of investment and advisory services.

The company operates through three primary areas: retail, which provides wealth management, investment products and financial advice; investment management, which offers asset management and investment advisory services; and wholesale, which includes investment banking, equity and fixed-income sales and trading, research, and related capital-markets services.