First Affirmative Financial Network Has $120,000 Stake in Nomura Holdings, Inc. (NYSE:NMR)

First Affirmative Financial Network grew its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,685 shares of the financial services provider’s stock after purchasing an additional 2,848 shares during the period. First Affirmative Financial Network’s holdings in Nomura were worth $120,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in Nomura during the fourth quarter worth approximately $26,000. Blue Trust Inc. grew its holdings in shares of Nomura by 38.4% during the 4th quarter. Blue Trust Inc. now owns 107,045 shares of the financial services provider’s stock worth $620,000 after purchasing an additional 29,706 shares in the last quarter. Drive Wealth Management LLC increased its position in shares of Nomura by 148.5% in the fourth quarter. Drive Wealth Management LLC now owns 31,531 shares of the financial services provider’s stock worth $183,000 after purchasing an additional 18,845 shares during the period. Ballentine Partners LLC raised its stake in Nomura by 26.7% in the fourth quarter. Ballentine Partners LLC now owns 70,862 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 14,940 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its position in Nomura by 6.6% during the fourth quarter. Aaron Wealth Advisors LLC now owns 80,459 shares of the financial services provider’s stock worth $466,000 after purchasing an additional 4,966 shares during the period. 15.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NMR has been the topic of several recent analyst reports. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. 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.

Nomura Stock Performance

NYSE:NMR opened at $6.46 on Friday. Nomura Holdings, Inc. has a twelve month low of $4.66 and a twelve month high of $6.62. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. The stock’s 50-day simple moving average is $5.95 and its 200 day simple moving average is $5.70. The firm has a market capitalization of $19.18 billion, a PE ratio of 10.94, a price-to-earnings-growth ratio of 0.42 and a beta of 0.65.

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, analysts anticipate 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.