Nomura Holdings Inc ADR (NYSE:NMR) Stock Short Interest Report for October

Nomura Holdings Inc ADR (NYSE:NMR) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,065,527 shares, a drop of 38.9% from the September 30th total of 1,742,567 shares. Based on an average daily volume of 710,730 shares, the short-interest ratio is currently 1.5 days. Currently, 0.0% of the company’s shares are sold short.

Nomura Price Performance

Shares of NMR opened at $9.39 on Friday. The firm has a 50-day simple moving average of $9.84 and a two-hundred day simple moving average of $9.02. The stock has a market cap of $27.55 billion, a PE ratio of 10.92, a P/E/G ratio of 1.03 and a beta of 0.74. Nomura has a 1-year low of $6.88 and a 1-year high of $10.94. The company has a debt-to-equity ratio of 7.79, a current ratio of 1.07 and a quick ratio of 2.00.

Nomura (NYSE:NMR) last posted its earnings results on Wednesday, October 28th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.02. The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $4.12 billion. Nomura had a return on equity of 10.51% and a net margin of 8.06%. As a group, analysts forecast that Nomura will post 1.00 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. raised its position in Nomura by 64.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 25,888 shares of the financial services provider’s stock worth $253,000 after acquiring an additional 10,126 shares in the last quarter. Vise Technologies Inc. grew its holdings in shares of Nomura by 32.1% during the 3rd quarter. Vise Technologies Inc. now owns 203,368 shares of the financial services provider’s stock valued at $1,989,000 after acquiring an additional 49,421 shares in the last quarter. Choreo LLC grew its stake in Nomura by 3.4% in the third quarter. Choreo LLC now owns 57,598 shares of the financial services provider’s stock valued at $563,000 after purchasing an additional 1,902 shares in the last quarter. Signaturefd LLC increased its holdings in Nomura by 8.7% in the third quarter. Signaturefd LLC now owns 141,518 shares of the financial services provider’s stock worth $1,384,000 after buying an additional 11,323 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in shares of Nomura by 1.9% during the 3rd quarter. Quadrant Capital Group LLC now owns 293,827 shares of the financial services provider’s stock valued at $2,815,000 after purchasing an additional 5,389 shares in the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Wall Street Analyst Weigh In

NMR has been the subject of a number of research reports. Wall Street Zen cut shares of Nomura from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings cut Nomura from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Finally, Zacks Research raised Nomura from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $10.20.

Nomura Company Profile

Nomura Holdings, Inc is a Japan-based financial services group that provides investment, financing, and asset management services to individuals, corporations, financial institutions, and governments. Through its businesses, the company offers securities brokerage, investment banking, capital markets, research, advisory services, wealth management, and investment management.

Nomura’s principal operations are organized around its wealth management, investment management, and wholesale divisions.