Victory Capital Management Inc. Reduces Position in Nomura Holdings, Inc. (NYSE:NMR)

Victory Capital Management Inc. cut its position in shares of Nomura Holdings, Inc. (NYSE:NMR) by 59.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,324 shares of the financial services provider’s stock after selling 205,424 shares during the period. Victory Capital Management Inc.’s holdings in Nomura were worth $642,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in NMR. Bank of New York Mellon Corp boosted its position in Nomura by 11.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 183,257 shares of the financial services provider’s stock valued at $737,000 after buying an additional 18,269 shares during the period. M&T Bank Corp boosted its position in Nomura by 26.5% in the 3rd quarter. M&T Bank Corp now owns 29,324 shares of the financial services provider’s stock valued at $117,000 after buying an additional 6,140 shares during the period. Signaturefd LLC boosted its position in Nomura by 17.4% in the 3rd quarter. Signaturefd LLC now owns 87,966 shares of the financial services provider’s stock valued at $354,000 after buying an additional 13,033 shares during the period. Schechter Investment Advisors LLC boosted its position in Nomura by 19.4% in the 3rd quarter. Schechter Investment Advisors LLC now owns 32,383 shares of the financial services provider’s stock valued at $130,000 after buying an additional 5,271 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Nomura by 71.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 41,674 shares of the financial services provider’s stock worth $168,000 after purchasing an additional 17,435 shares during the period. 15.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Bank of America upgraded shares of Nomura from a “neutral” rating to a “buy” rating in a research note on Thursday, January 25th.

Nomura Trading Up 0.6 %

Shares of Nomura stock opened at $5.97 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.10 and a debt-to-equity ratio of 6.77. Nomura Holdings, Inc. has a 12-month low of $3.46 and a 12-month high of $6.62. The firm has a market capitalization of $17.92 billion, a price-to-earnings ratio of 16.12 and a beta of 0.69. The firm’s 50 day simple moving average is $6.03 and its two-hundred day simple moving average is $5.28.

Nomura (NYSE:NMR) last issued its quarterly earnings results on Friday, April 26th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter. Nomura had a net margin of 4.78% and a return on equity of 4.83%. The business had revenue of $3 billion for the quarter.

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.