Nomura (NYSE:NMR) Sees Unusually-High Trading Volume

Nomura Holdings, Inc. (NYSE:NMR) shares saw unusually-strong trading volume on Tuesday . Approximately 3,727,787 shares changed hands during trading, an increase of 51% from the previous session’s volume of 2,466,371 shares.The stock last traded at $4.12 and had previously closed at $4.03.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Nomura in a research report on Thursday, October 5th. They set a “hold” rating for the company.

Nomura Price Performance

The stock has a market capitalization of $12.29 billion, a price-to-earnings ratio of 13.19, a P/E/G ratio of 0.62 and a beta of 0.69. The company has a quick ratio of 1.12, a current ratio of 1.14 and a debt-to-equity ratio of 6.70. The business has a 50-day simple moving average of $4.07 and a two-hundred day simple moving average of $3.88.

Institutional Investors Weigh In On Nomura

A number of institutional investors have recently added to or reduced their stakes in NMR. Lake Street Advisors Group LLC lifted its position in shares of Nomura by 13.6% during the 3rd quarter. Lake Street Advisors Group LLC now owns 21,764 shares of the financial services provider’s stock valued at $88,000 after acquiring an additional 2,611 shares during the last quarter. Quadrant Capital Group LLC lifted its position in shares of Nomura by 9.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 34,318 shares of the financial services provider’s stock valued at $131,000 after acquiring an additional 2,991 shares during the last quarter. Citigroup Inc. lifted its position in shares of Nomura by 29.1% during the 3rd quarter. Citigroup Inc. now owns 13,292 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 2,995 shares during the last quarter. West Family Investments Inc. lifted its position in shares of Nomura by 10.5% during the 1st quarter. West Family Investments Inc. now owns 31,739 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 3,022 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its holdings in shares of Nomura by 16.5% in the third quarter. Evergreen Capital Management LLC now owns 21,498 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 3,049 shares in the last quarter. 1.07% of the stock is currently owned by institutional investors and hedge funds.

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.