Wrapmanager Inc. Has $124,000 Stake in Nomura Holdings, Inc. (NYSE:NMR)

Wrapmanager Inc. lowered its position in Nomura Holdings, Inc. (NYSE:NMR) by 25.3% in the third quarter, HoldingsChannel.com reports. The fund owned 23,813 shares of the financial services provider’s stock after selling 8,051 shares during the quarter. Wrapmanager Inc.’s holdings in Nomura were worth $124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of NMR. Lester Murray Antman dba SimplyRich grew its holdings in Nomura by 2.5% during the second quarter. Lester Murray Antman dba SimplyRich now owns 73,332 shares of the financial services provider’s stock worth $423,000 after purchasing an additional 1,754 shares during the period. Signaturefd LLC lifted its position in shares of Nomura by 1.7% in the second quarter. Signaturefd LLC now owns 103,146 shares of the financial services provider’s stock valued at $596,000 after buying an additional 1,772 shares during the last quarter. Optas LLC boosted its stake in shares of Nomura by 4.7% during the 2nd quarter. Optas LLC now owns 40,764 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 1,819 shares during the period. DMC Group LLC increased its holdings in shares of Nomura by 2.7% during the 3rd quarter. DMC Group LLC now owns 91,562 shares of the financial services provider’s stock worth $478,000 after acquiring an additional 2,379 shares during the last quarter. Finally, XY Capital Ltd raised its stake in Nomura by 23.0% in the 2nd quarter. XY Capital Ltd now owns 13,276 shares of the financial services provider’s stock valued at $77,000 after acquiring an additional 2,481 shares during the period. Institutional investors own 15.14% of the company’s stock.

Nomura Stock Up 0.2 %

NMR stock opened at $6.02 on Wednesday. The business’s fifty day moving average price is $5.44 and its two-hundred day moving average price is $5.68. The stock has a market capitalization of $17.88 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 0.43 and a beta of 0.61. Nomura Holdings, Inc. has a fifty-two week low of $4.03 and a fifty-two week high of $6.62. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.16.

Analyst Upgrades and Downgrades

Several research firms have commented on NMR. StockNews.com downgraded shares of Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. initiated coverage on shares of Nomura in a research note on Thursday, August 29th. They issued a “neutral” rating on the stock. Finally, 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 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.