Parametric Portfolio Associates L recently announced the acquisition of new stake in Nomura Holdings Inc. ADR (NYSE:NMR). The institutional investor has increased its shareholding in the Financial company by 3.14% to 8.35 million shares with purchase of 0.25 million shares. This fresh investment now brings its stake to 0.26% valued currently at $34.32 million. In addition, Goldman Sachs Asset Management LP raised its holdings by 0.77 million to 3.24 million shares. And Northern Trust Investments, Inc. has lifted its position by 0.37% or 4160.0 shares – to 1.13 million shares.
With over 8.68 million Nomura Holdings Inc. ADR (NMR) shares trading Tuesday and a closing price of $4.46 on the day, the dollar volume was approximately $38.73 million. The shares have shown a positive half year performance of 14.95% and its price on 01/02/24 lost nearly -1.11%. Currently, there are 3.01B common shares owned by the public and among those 3.01B shares have been available to trade.
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An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 6 analysts who have offered their price forecasts for NMR have a consensus price objective of $602.67. The analysts have set the share’s price value over the next 12 months at a high of $700.00 and a low of $530.00. The average price target is -7.73% below its recent price level and an upside to the estimated low will see the stock gain 99.16% over that period. But an upside of 99.36% will see the stock hit the forecast high price target while median target price for the stock is $595.00.
The top 3 mutual fund holders in Nomura Holdings Inc. ADR are Dimensional International Value E, Dimensional International Core Eq, and SPW Multi-Manager ICVC – Japanese. Dimensional International Value E owns 0.83 million shares of the company’s stock, all valued at over $3.42 million. SPW Multi-Manager ICVC – Japanese bought 0.13 million shares to bring its total holdings to over 0.68 million shares at a value of $2.79 million. SPW Multi-Manager ICVC – Japanese now owns shares totaling to 0.02% of the shares outstanding.
Shares of Nomura Holdings Inc. ADR (NYSE: NMR) opened at $4.48, down -$0.03 from a prior closing price of $4.51. However, the script later moved the day high at 4.5000, down -1.11%. The company’s stock has a 5-day price change of -0.89% and 11.22% over the past three months. NMR shares are trading -1.11% year to date (YTD), with the 12-month market performance up to 20.22% higher. It has a 12-month low price of $3.38 and touched a high of $4.54 over the same period. NMR has an average intraday trading volume of 6.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.25%, 7.68%, and 13.73% respectively.
Institutional ownership of Nomura Holdings Inc. ADR (NYSE: NMR) shares accounts for 1.12% of the company’s 3.01B shares outstanding. Mutual fund holders own 0.15%, while other institutional holders and individual stakeholders account for 0.92% and — respectively.
It has a market capitalization of $13.44B and a beta (3y monthly) value of 0.66. The stock’s trailing 12-month PE ratio is 14.83, while the earnings-per-share (ttm) stands at $0.30. The company has a PEG of 1.36 and the debt-to-equity ratio at 9.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.09% over the week and 1.53% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to increase by 28.27%, and 30.46% over the next financial year. EPS should grow at an annualized rate of 10.90% over the next five years, compared to -16.75% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 6 brokerage firm advisors rate Nomura Holdings Inc. ADR (NMR) as a “Moderate Buy” at a consensus score of 2.83. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 5 of the 6 advise that investors “hold,” and 0 rated it as a “Sell.”
