QRG Capital Management Inc. Has $1.27 Million Stock Position in Nomura Holdings, Inc. (NYSE:NMR)

QRG Capital Management Inc. cut its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 33.3% in the 4th quarter, Holdings Channel reports. The firm owned 219,074 shares of the financial services provider’s stock after selling 109,147 shares during the period. QRG Capital Management Inc.’s holdings in Nomura were worth $1,268,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Wealthstream Advisors Inc. boosted its stake in shares of Nomura by 13.8% in the 4th quarter. Wealthstream Advisors Inc. now owns 15,489 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 1,875 shares in the last quarter. Franklin Resources Inc. boosted its position in Nomura by 5.9% in the third quarter. Franklin Resources Inc. now owns 37,169 shares of the financial services provider’s stock valued at $201,000 after buying an additional 2,082 shares in the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Nomura by 7.3% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 32,535 shares of the financial services provider’s stock worth $188,000 after buying an additional 2,208 shares during the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Nomura by 9.6% during the third quarter. Glenmede Trust Co. NA now owns 30,261 shares of the financial services provider’s stock worth $158,000 after buying an additional 2,657 shares in the last quarter. Finally, First Affirmative Financial Network lifted its stake in shares of Nomura by 16.0% in the 4th quarter. First Affirmative Financial Network now owns 20,685 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 2,848 shares during the last quarter. Institutional investors and hedge funds own 15.14% of the company’s stock.

Analyst Ratings Changes

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

Nomura Stock Performance

Nomura stock opened at $6.51 on Tuesday. The business has a 50 day moving average of $6.25 and a 200-day moving average of $5.86. The company has a market capitalization of $19.34 billion, a P/E ratio of 9.30, a P/E/G ratio of 0.30 and a beta of 0.66. Nomura Holdings, Inc. has a 1 year low of $4.66 and a 1 year high of $6.99. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11.

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

Nomura Company 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.