Maverick Capital Ltd. Makes New $1.22 Million Investment in Nomura Holdings, Inc. (NYSE:NMR)

Maverick Capital Ltd. bought a new stake in shares of Nomura Holdings, Inc. (NYSE:NMR) in the third quarter, Holdings Channel reports. The fund bought 233,586 shares of the financial services provider’s stock, valued at approximately $1,219,000.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in Nomura by 76.7% in the first quarter. EverSource Wealth Advisors LLC now owns 13,221 shares of the financial services provider’s stock worth $85,000 after buying an additional 5,739 shares during the last quarter. First Affirmative Financial Network raised its holdings in Nomura by 30.9% in the 2nd quarter. First Affirmative Financial Network now owns 14,534 shares of the financial services provider’s stock worth $84,000 after acquiring an additional 3,433 shares during the last quarter. QRG Capital Management Inc. lifted its position in Nomura by 32.0% in the 2nd quarter. QRG Capital Management Inc. now owns 339,913 shares of the financial services provider’s stock valued at $1,965,000 after acquiring an additional 82,467 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Nomura by 31.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 41,784 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 9,896 shares during the last quarter. Finally, Diversified Trust Co bought a new stake in shares of Nomura in the 2nd quarter worth $118,000. 15.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Nomura Stock Performance

Shares of NMR opened at $6.08 on Friday. The firm has a market capitalization of $18.06 billion, a P/E ratio of 10.31, a PEG ratio of 0.45 and a beta of 0.61. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.11 and a quick ratio of 1.11. Nomura Holdings, Inc. has a one year low of $4.06 and a one year high of $6.62. The business has a fifty day moving average of $5.54 and a 200 day moving average of $5.70.

About Nomura

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.