Nomura (NYSE:NMR) Stock Rating Lowered by ValuEngine

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Nomura (NYSE:NMR) was downgraded by stock analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued on Friday, ValuEngine reports.

Several other analysts also recently weighed in on NMR. JPMorgan Chase & Co. upgraded shares of Nomura from an “underweight” rating to a “neutral” rating in a research report on Wednesday, July 31st. Nomura upgraded shares of Nomura from an “underweight” rating to a “neutral” rating in a research report on Wednesday, July 31st. Zacks Investment Research upgraded shares of Nomura from a “sell” rating to a “hold” rating in a research report on Saturday, August 10th. Finally, TheStreet upgraded shares of Nomura from a “d” rating to a “c” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Nomura has a consensus rating of “Hold”.

NYSE:NMR traded down $0.02 during mid-day trading on Friday, hitting $4.78. The stock had a trading volume of 122,298 shares, compared to its average volume of 458,818. The stock has a market capitalization of $15.56 billion, a price-to-earnings ratio of -17.70 and a beta of 1.39. The company has a 50 day simple moving average of $4.48 and a 200-day simple moving average of $3.80. Nomura has a 52 week low of $3.05 and a 52 week high of $4.82. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.98.

A number of institutional investors have recently added to or reduced their stakes in the business. Corient Capital Partners LLC increased its stake in Nomura by 105.9% during the 3rd quarter. Corient Capital Partners LLC now owns 30,536 shares of the financial services provider’s stock valued at $130,000 after buying an additional 15,706 shares during the period. Parallel Advisors LLC increased its stake in Nomura by 94.5% during the 3rd quarter. Parallel Advisors LLC now owns 27,328 shares of the financial services provider’s stock valued at $116,000 after buying an additional 13,276 shares during the period. Creative Planning acquired a new position in Nomura during the 3rd quarter valued at about $50,000. Wetherby Asset Management Inc. increased its stake in Nomura by 28.0% during the 3rd quarter. Wetherby Asset Management Inc. now owns 151,366 shares of the financial services provider’s stock valued at $644,000 after buying an additional 33,105 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. acquired a new position in Nomura during the 3rd quarter valued at about $47,000. 0.78% of the stock is currently owned by hedge funds and other institutional investors.

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, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

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