Bank of New York Mellon Corp Cuts Holdings in Nomura Holdings, Inc. (NYSE:NMR)

Bank of New York Mellon Corp decreased its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,203 shares of the financial services provider’s stock after selling 3,447 shares during the period. Bank of New York Mellon Corp’s holdings in Nomura were worth $1,275,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in NMR. Fisher Asset Management LLC grew its position in Nomura by 20.2% in the third quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider’s stock worth $53,138,000 after acquiring an additional 1,713,275 shares in the last quarter. Maverick Capital Ltd. bought a new stake in Nomura during the third quarter worth approximately $1,219,000. ABC Arbitrage SA bought a new stake in Nomura during the fourth quarter worth approximately $1,254,000. Praetorian PR LLC increased its stake in Nomura by 53.3% during the third quarter. Praetorian PR LLC now owns 575,000 shares of the financial services provider’s stock worth $2,974,000 after acquiring an additional 200,000 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in Nomura during the third quarter worth approximately $717,000. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

Nomura Trading Up 0.8 %

NMR opened at $6.58 on Monday. The stock has a market cap of $19.53 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 0.30 and a beta of 0.60. The stock’s 50 day moving average price is $6.43 and its 200-day moving average price is $5.92. Nomura Holdings, Inc. has a one year low of $4.66 and a one year high of $6.99. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.

Nomura (NYSE:NMR) last released its earnings results on Wednesday, February 5th. The financial services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, equities analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current 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.