Cannell & Spears LLC Acquires Shares of 12,600 Nomura Holdings, Inc. (NYSE:NMR)

Cannell & Spears LLC acquired a new stake in Nomura Holdings, Inc. (NYSE:NMR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,600 shares of the financial services provider’s stock, valued at approximately $73,000.

Other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in Nomura during the 3rd quarter worth $25,000. R Squared Ltd acquired a new stake in shares of Nomura during the fourth quarter worth about $26,000. Adero Partners LLC acquired a new stake in shares of Nomura during the fourth quarter worth about $59,000. Savant Capital LLC purchased a new position in shares of Nomura during the fourth quarter worth about $59,000. Finally, SYM FINANCIAL Corp acquired a new position in Nomura in the 4th quarter valued at about $89,000. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Nomura Stock Performance

Shares of NMR opened at $6.09 on Wednesday. The stock has a market capitalization of $18.08 billion, a P/E ratio of 8.69, a P/E/G ratio of 0.30 and a beta of 0.60. 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 Holdings, Inc. has a 1 year low of $4.66 and a 1 year high of $6.99. The company’s fifty day moving average is $6.51 and its two-hundred day moving average is $5.97.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. On average, sell-side analysts predict that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Nomura Profile

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.