Wrapmanager Inc. Sells 8,051 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Wrapmanager Inc. lessened its holdings in shares of Nomura Holdings, Inc. (NYSE:NMR) by 25.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,813 shares of the financial services provider’s stock after selling 8,051 shares during the period. Wrapmanager Inc.’s holdings in Nomura were worth $124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cable Hill Partners LLC lifted its stake in Nomura by 4.4% in the third quarter. Cable Hill Partners LLC now owns 72,061 shares of the financial services provider’s stock valued at $376,000 after buying an additional 3,013 shares in the last quarter. Catalytic Wealth RIA LLC bought a new stake in Nomura in the 3rd quarter valued at $59,000. Crossmark Global Holdings Inc. boosted its stake in Nomura by 4.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 217,550 shares of the financial services provider’s stock worth $1,135,000 after purchasing an additional 9,229 shares during the period. US Bancorp DE increased its holdings in Nomura by 36.1% during the 3rd quarter. US Bancorp DE now owns 205,751 shares of the financial services provider’s stock worth $1,074,000 after purchasing an additional 54,530 shares in the last quarter. Finally, Diversify Wealth Management LLC increased its holdings in Nomura by 9.7% during the 3rd quarter. Diversify Wealth Management LLC now owns 115,155 shares of the financial services provider’s stock worth $583,000 after purchasing an additional 10,179 shares in the last quarter. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Nomura Trading Up 0.2 %

Nomura stock opened at $6.02 on Wednesday. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.16. The firm has a 50-day moving average of $5.44 and a 200-day moving average of $5.68. The company has a market cap of $17.88 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 0.43 and a beta of 0.61. Nomura Holdings, Inc. has a one year low of $4.03 and a one year high of $6.62.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NMR. StockNews.com downgraded Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. JPMorgan Chase & Co. began coverage on shares of Nomura in a research note on Thursday, August 29th. They set a “neutral” rating for the company. Finally, Bank of America initiated coverage on shares of Nomura in a research report on Tuesday, October 22nd. They issued a “neutral” rating on the stock.

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.