Nomura (NYSE:NMR) Sees Large Volume Increase

Nomura Holdings, Inc. (NYSE:NMR) saw strong trading volume on Friday . 828,057 shares traded hands during mid-day trading, a decline of 16% from the previous session’s volume of 988,820 shares.The stock last traded at $4.07 and had previously closed at $4.08.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Nomura in a report on Thursday, August 17th. They issued a “hold” rating for the company.

Nomura Stock Down 0.5 %

The company has a market capitalization of $12.19 billion, a PE ratio of 15.11, a P/E/G ratio of 0.61 and a beta of 0.70. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 6.79. The firm has a 50 day simple moving average of $3.89 and a two-hundred day simple moving average of $3.81.

Nomura (NYSE:NMR) last posted its quarterly earnings data on Tuesday, August 1st. The financial services provider reported $0.06 earnings per share for the quarter. The firm had revenue of $6.51 billion for the quarter. Nomura had a net margin of 4.49% and a return on equity of 3.49%. Research analysts expect that Nomura Holdings, Inc. will post 0.24 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NMR. Wells Fargo & Company MN increased its position in Nomura by 1,004.3% during the 2nd quarter. Wells Fargo & Company MN now owns 34,389 shares of the financial services provider’s stock worth $132,000 after purchasing an additional 31,275 shares during the period. Natixis Advisors L.P. grew its holdings in Nomura by 2.9% during the second quarter. Natixis Advisors L.P. now owns 192,060 shares of the financial services provider’s stock worth $736,000 after acquiring an additional 5,337 shares during the period. Morningstar Investment Services LLC raised its position in Nomura by 7.3% in the second quarter. Morningstar Investment Services LLC now owns 65,050 shares of the financial services provider’s stock worth $249,000 after acquiring an additional 4,408 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in Nomura in the second quarter valued at $62,000. Finally, MML Investors Services LLC purchased a new stake in shares of Nomura during the 2nd quarter worth $66,000. 1.07% of the stock is owned by hedge funds and other institutional investors.

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.