JPMorgan Chase & Co. Has $484,000 Position in Nomura Holdings, Inc. (NYSE:NMR)

JPMorgan Chase & Co. lifted its stake in shares of Nomura Holdings, Inc. (NYSE:NMR) by 225.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 92,737 shares of the financial services provider’s stock after buying an additional 64,268 shares during the quarter. JPMorgan Chase & Co.’s holdings in Nomura were worth $484,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of NMR. Franklin Resources Inc. grew its position in shares of Nomura by 5.9% during the 3rd quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider’s stock worth $201,000 after purchasing an additional 2,082 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Nomura during the 3rd quarter worth $25,000. Sanctuary Advisors LLC raised its holdings in Nomura by 73.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,904 shares of the financial services provider’s stock valued at $93,000 after acquiring an additional 7,591 shares in the last quarter. M&T Bank Corp lifted its position in shares of Nomura by 12.1% during the 3rd quarter. M&T Bank Corp now owns 34,134 shares of the financial services provider’s stock valued at $178,000 after acquiring an additional 3,675 shares during the period. Finally, Y Intercept Hong Kong Ltd grew its holdings in shares of Nomura by 61.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 30,327 shares of the financial services provider’s stock worth $158,000 after purchasing an additional 11,573 shares in the last quarter. Institutional investors own 15.14% of the company’s stock.

Analysts Set New Price Targets

NMR has been the subject of several recent analyst reports. Bank of America assumed coverage on shares of Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating for the company. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Price Performance

Shares of NMR stock opened at $6.38 on Wednesday. The business has a fifty day simple moving average of $5.94 and a 200 day simple moving average of $5.69. The company has a market cap of $18.94 billion, a P/E ratio of 10.81, a P/E/G ratio of 0.40 and a beta of 0.65. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.62.

Nomura (NYSE:NMR) last posted its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. The company had revenue of $8.34 billion for the quarter. Nomura had a net margin of 6.91% and a return on equity of 7.93%. During the same quarter in the previous year, the business posted $0.08 earnings per share. On average, sell-side analysts forecast that Nomura Holdings, Inc. will post 0.67 EPS for the current fiscal year.

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.